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TRANSIT Raising Funds for 300 kt/a Silicone Monomer Expansion Project (Feb. 6, 2023-Feb. 12, 2023)

TRANSIT Raising Funds for 300 kt/a Silicone Monomer Expansion Project (Feb. 6, 2023-Feb. 12, 2023)

Editor:ACMI-Silicon Jul-14-2023

On February 8, Zhejiang Zhongtian Oriental Fluorine & Silicon Co., Ltd. said to be listed on the main board of Shanghai Stock Exchange, with the raised fund of RMB 1.442 billion. The raised funds will be invested in the 300 kt/a silicone monomer expansion and comprehensive utilization project after deducting the issuance expenses. The company will carry out expansion based on the existing 100 kt/a silicone monomer plant and matching produce fumed silica, MTMS, poly-MTES, Si-high-H fluid, high boiling Si-H fluid, HMDSO and other products.