Nanjing, Jiangsu - China's maker of PU systems and insulation materials Hongbaoli saw its total revenue drop by 10% to RMB978m ($153m) in H1 2015, and reported a 41% decrease in insulation materials sales to RMB5m due to China's lukewarm real estate market. The company still has a 15m m~2/year project for high flame re-tardant insulation materials in the pipeline - 7.5m m~2/year facilities have started operation so far.
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