Shenzhen Wote Advanced Materials (SHE:002886) secured a three-year safety license from the Chongqing Emergency Management Bureau to produce liquid crystal polymer (LCP) and polyaryletherketone (PAEK) resins.
The approval enables the full-scale production of 20,000 tons of LCP resin and 1,000 tons of PAEK resin, according to a Friday filing with the Shenzhen bourse
Shares of the chemical manufacturer closed 10% higher Friday.
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