ShengdaTech to acquire fertiliser company;to relocate coal-based chemical operations

摘要

ShengdaTech Inc,a China-based maker of coal-based chemicals and nano-precipitated calcium carbonate(NPCC),is planning to acquire Jinan Fertilizer Co Ltd,a Chinese nitrogenous fertiliser company.The company also intends to relocate its existing coal-based chemical operations to the facilities of the target acquisition,following receipt of a relocation notice for its factory in Tai'an City from the Tai'an City Government on June 16,2008.