xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Company

GPRO Titanium to acquire polyester yarn firm for 5.6 bln yuan

August 16, 2018


Abstract : GPRO Titanium Industry Co., Ltd. (000545.SZ) said Wednesday that it would acquire 100 percent stake in Zhejiang Guxiandao Polyester Dope Dyed Yarn Co., Ltd. for 5.6 billion yuan.

有色金属

BEIJING, Aug. 16 (Xinhua)--GPRO Titanium Industry Co., Ltd. (000545.SZ) said Wednesday that it would acquire 100 percent stake in Zhejiang Guxiandao Polyester Dope Dyed Yarn Co., Ltd. for 5.6 billion yuan.

The company also said it would raise up to 1.5 billion yuan in private placement of shares.

GPRO Titanium mainly produces and sells titanium dioxide products. Guxiandao is one of the largest manufacturers of polyester filaments for industrial purposes in China, and has 600,000 tons of annual production capacity. (Contributed by Wu Shuang; Ding Lei, [email protected])

Scan the QR code and push it to your mobile phone

Keyword: GPRO Titanium Guxiandao

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial