Post Buying Request

Erdos Group Bid for Shidongxiang Sic Co., Ltd. Stock Right

According to relevant media, Erdos Group plans to acquire a 77.88% stock right of Shidongxiang Sic Co., Ltd. held by Inner Mongolian Erdos Cashmere Group at a price of 8,308,800 Yuan.

From: iAbrasive.comDate: 2014-09-01 01:02:12Views: 356

According to relevant media, Erdos Group plans to acquire a 77.88% stock right of Shidongxiang Sic Co., Ltd. held by Inner Mongolian Erdos Cashmere Group at a price of 8,308,800 Yuan.

Silicon carbide is a new material. Its major application fields are: functional ceramics, superior refractory materials, abrasive grains, and raw materials of metallurgy. Sic is a good substitute for silicon products. The major production cost of Sic comes from electric power. However, the main investment project of Sic company is located in Hantai Cashmere Industrial Park, which makes it possible for electric power to control Sic production costs effectively.

 

share:

Top News

Sponsored links