China XD Plastics (CXDC) Signs Agreement for Production of 300K Metric Tons of Materials in Southwest China

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Specialty Chemicals Company China XD Plastics Company Limited Announces Official Signing of Agreement for Production of 300,000 Metric Tons of Plastics New Materials Production in Southwest China

March 17, 2017 9:37 AM EDT

HARBIN, China, March 17, 2017 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one of China's leading specialty chemical players engaged in the development, manufacture and sale of modified plastics primarily for automotive applications, today announced the official signing of an agreement with the People's Government of Shunqing District, Nanchong City of Sichuan Province for the production of 300,000 metric tons of bio-composite materials and additive manufacturing and 20,000 metric tons of functional masterbatch, a high-end color additive process in plastics manufacturing (the "Project").

"The... More