Solvay/Huatai: Hydrogen Peroxide Plant in China
Solvay announces that it has struck an agreement with Huatai Group of China to establish a Hydrogen Peroxide joint venture. The joint venture company, Shandong Huatai Interox Chemical Co Ltd, will build a Hydrogen Peroxide plant at Huatai’s new site in Dongying, Shandong Province, China, with an annual capacity of 50,000 metric tons per year. The plant is expected to be completed by the end of 2011. The joint-venture agreement was signed at a ceremony presided over by Mr. Xi Jinping, Vice President of the People’s Republic of China, in Brussels, Belgium.
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