# INVISTA and China Pingmei Shenma Group sign 13 billion RMB contract

China Pingmei Shenma Group and INVISTA signed a contract worth over 13 billion RMB for the supply of ADN (adiponitrile) and oxalic acid. The signing ceremony was held on January 1, 2022, in Shanghai.

- Type: Contract
- Announced: 2022-01-01
- Where: Shanghai, China
- Value: $2.04B (13.0B CNY)
- Status: completed
- Products: ADN (adiponitrile), oxalic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Invista](https://endata.com/companies/4454.md) (supplier)
- [China Pingmei Shenma Group](https://endata.com/companies/32971.md) (customer)

## Sources

- [quanalf.com](https://www.quanalf.com/13-BILLION-CONTRACT-BETWEEN-INVISTA-AND-CHINA-PINGMEI-SHENMA-GROUP.html), 2022-01-21: "The total amount for this trading contract has reached over 13 billion RMB, of which includes the products of ADN (adiponitrile) as well as Oxalic Acid etc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.