Zug, Switzerland, May 23rd 2011
Dequest AG, affiliate of Thermphos International Group, and Xingfa Chemicals Group signed this week the agreement to establish a cooperation for the production of PCl3 and phosphonates which will be located in Xingfa's Yichang Industrial Park of Fine Chemicals in Yichang, Hubei Province, China. This project is regarded as an important milestone for both companies targeting to expand their business activities in the fast developing Asian markets. For Dequest this cooperation aims at addressing the increasing demand for reliable, consistent product quality in the Asian region through the establishment of an efficient local production using advanced technologies.