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Yuntianhua's wholly-owned subsidiary Chongqing Yuntianhua Tianju New Materials plans to invest 1.857 billion yuan to build a 100,000 tons/year high-end copolymer formaldehyde resin project in Chongqing. The project includes supporting facilities and aims to increase high-end POM market share.
“The core objective of this expansion is to increase the market share of high-end products, consolidate industry competitive barriers, and fill the supply gap for high-end copolymer formaldehyde.”news.chemnet.com
Summarized from public sources; check the original articles before acting on it.