Acquisitions : China BlueChemical to buy 80% of Huahe Chemical

摘要

CHINA BLUECHEMICAL has reached an equity transfer agreement with CNCEC to acquire 80% of China National Chemical Engineering Co.’s (CNCEC) equity in Huahe Chemical in Hegang City in China’s Heilongjiang province, China BlueChemical reported earlier this month. The total consideration for the equity transfer is RMB81.81 million ($12.1 million).