tiprankstipranks
Abundance International Enters Joint Venture for Eco-Friendly Chemical Production in China
Company Announcements

Abundance International Enters Joint Venture for Eco-Friendly Chemical Production in China

Story Highlights
  • Abundance International forms a joint venture in China for chemical production.
  • The venture focuses on producing FDME from agricultural waste, boosting eco-friendly output.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

Abundance International Limited ( (SG:541) ) just unveiled an update.

Abundance International Limited has announced a joint venture agreement through its subsidiary with Dalian Boyuan Innovation and Technology Co., Ltd and Dalian Qinxing New Materials Technology Development Partnership to form a Sino-Foreign Joint Venture Entity in China. This joint venture aims to develop and commercialize technology for producing environmentally friendly chemicals, specifically focusing on building a facility for the production of furan dicarboxylic methyl ester (FDME) from agricultural waste and non-grain biomass, thus potentially enhancing the company’s market position in sustainable chemical production.

More about Abundance International Limited

Abundance International Limited, incorporated in Singapore, operates primarily in the technology and chemicals industry, focusing on the development of environmentally friendly chemical production solutions.

YTD Price Performance: 0%

Average Trading Volume: 376,661

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$21.79M

Find detailed analytics on 541 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles