Belneftekhim-Shanghai trading company to venture in China
16 Nov '06
1 min read
China is going to add a new name in its trading company list in this December i.e Belneftekhim-Shanghai. In this combined venture Belarusian company will share about 90 percent of the capital.
Company is optimistic about the trade turnover, will reach about USD 50 million by next year. A trading organization will be founded in Hong Kong by the unitary company Belarusian Oil Trading House and OAO Grodno Azot.
Company will export mainly tyres and caprolactam. It will also export acrylic fibre and plait, polyamide resin and polyamide threads.
Belneftekhim has opened representative offices and trading companies in Russia, Ukraine, Latvia and Germany.
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