CAC Nantong Chemical to Invest More than 1 Billion Yuan in Egypt Plant

MT Newswires Live

2025/05/21

CAC Nantong Chemical (SHE:301665) is investing about 1.08 billion yuan to build a pesticide and functional chemicals facility in Egypt.

Construction of the plant, with an expected annual output of 80,000 tons, will take two years, according to a Monday filing with the Shenzhen bourse.

Shares of the pesticide manufacturer rose 2% in recent trade.

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