China Sanjiang Fine Chemicals (HKG:2198) has terminated an agreement to procure management services from Grand Novel Developments, a Wednesday filing with the Hong Kong bourse said.
The move came about as there is uncertainty regarding the logistic arrangement in the procurement of ethane, propane, butane, methanol, and silver among others amid tariffs imposed by the US.
The parties had entered into the management services contract in January, according to the chemicals company.
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