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Gulf starts new bromine plant

26 August 2010

by Mark Watts

Chinese producer takes advantage of supply shortages; bromine rises to $2,800/tonne

Keywords: Gulf Resources, bromine, salt, flame retardants, supply shortages

Gulf Resources Inc. is looking to take advantage of falling Chinese bromine supply through the start up of a newly acquired plant in Shougang City, Shandong Province.The New York-listed group acquired the facility from owners Jinjin Li and Qiuzhen Wang for $13.9m., adding 3,000 tpa in bromine capacity and 100,000 tpa of crude salt.The deal brings...