Log in to your IBTimes Account

close
ID
Password
  • Set your IBTimes.com Edition

DSM asked to close citric acid factory in China



By AP
27 August 2008 @ 11:39 am ET

AMSTERDAM, Netherlands - Dutch chemicals and nutrients maker DSM NV said Wednesday it will close a citric acid manufacturing plant in Wuxi, China, at the request of the local government there.

Related Topic

Get stories by e-mail on this topic.

E-mail:

DSM spokesman Herman Betten said the city wants to use the location for "urban developments."

He said the company will be reimbursed for the closure of the plant, which employs around 400 workers, and DSM does not expect any loss as a result.

DSM said it would not seek to open a new citric acid plant in China because the market there was currently suffering from an oversupply.

Copyright 2009 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

*Name


advertisement
More Politics & Policy
Software, biotech firms and others who develop new ways to do business will be watching closely on Monday as the U.S. Supreme Court hears a case that cou...
U.S. President Barack Obama urged Americans on Friday not to jump to conclusions on the motive behind the mass shooting at the sprawling Fort Hood army b...
The Obama administration would be willing to hold bilateral talks with North Korea but only if certain conditions were met, the president's top adviser o...

advertisement
Advertisement
POS Magnetic Card Readers

Online distributor for point of sale equipment, TYSSO and Pegasus.

 
IBTimes.com Web
Partners
International Business Times© 2009 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives