Yantai Tayho and Wanhua subsidiary to acquire inland PU elastane facilities

摘要

Yantai, Shandong - Polyurethane elastane and aramid maker Yantai Tayho Advanced Materials and Wanhua Energy SavingTechnology are planning to acquire PU elastane facilities in Midwest China's Yinchuan, Ningxia province. According to Tayho's announcements on the Shenzhen Stock Exchange late last year, a joint venture, Ningxia Tayho, will be set up in Yinchuan's Ningdong township, a chemical hub. Ningxia Tayho will take over all polyurethane elastane assets of the local company Ningxia Yuehua New Material.