China chemical signed 2.64 billion Yuan project contract

Source: Internet
Author: User
Keywords Sign Project Contracting
NetEase Financial October 10 News of the Chinese chemical disclosure, October 5, 2010, the company's wholly-owned holding company five-Ring Technology Co., Ltd., and Vietnam Hebei nitrogenous Fertilizer and Chemical Co., Ltd. signed the latter's Hebei nitrogenous fertilizer plant expansion and transformation Project general contract.  The total contract duration of about 43 months, the total contract amount of 395 million U.S. dollars (equivalent to about 2.64 billion yuan RMB), accounting for the company's 2009-year operating income of 9.4%. China reported that the first half of the Chinese chemical income of 14.57 billion yuan, an increase of 16% per cent, attributable to the parent company net profit of 650 million yuan, increased by 58%.
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