Qingdao Soda Ash Industrial and Sesoda to Build Joint Venture
October 24, 2013 at 07:13 am EDT
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Qingdao Soda Ash Industrial will join hands with Sesoda Corp.to incorporate a joint venture to build 80,000-ton-a-year potassium sulfate project. The construction period is 12 months and the two parties will co-contribute CNY 100 million as the project construction fund and the rest will depend on bank loans.
Qingdao Citymedia Co Ltd is a China-based company mainly engaged in publication planning, editing, publishing, copyright operations, distribution and product sales. The company conducts its business through one segment. The Wholesale and Retail Business of Books, Periodicals and Newspapers is mainly engaged in the publication and distribution of national standard textbooks, educational books, science and technology life books, children's books, and social science and literature books in domestic market, as well as the import and export of copyrights and multi-form development and operations based on the content of publications. The Company is also engaged in the subscription and distribution of teaching materials, teaching aids, general books and periodicals, the sales of educational services and related cultural products, as well as the sales of educational equipment, multimedia equipment, printing materials and other diversified products. The Company mainly operates its businesses in