Shandong Luxi Chemical Co Ltd<000830> obtained approval from the board of directors to invest around RMB 4.85 billion in five chemicals projects in the next three years, sources reported. The company will launch five key projects that will output 200,000 tons of organic silicon, 120,000 tons of methane chloride,...
Luxi Chemical Group Co Ltd<000830>, which was formerly known as Shandong Luxi Chemical Co Ltd, today announced that it plans to issue between 200 million and 500 million shares to raise up to RMB 2.5 billion, sources reported.The Shenzhen-listed enterprise will use the proceeds from the issuance to...