China: Zhejiang NHU Plans Investments in Additive and Aroma Activities.24 June 2009 - Zhejiang NHU Limited has announced that it is hoping to raise approximately RMB 1.15 billion (about USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 168.33 million) through a private share issuance to finance the construction and expansion of its production facilities. NHU produces health supplements, pharmaceutical intermediates, flavours and fragrances, as well as food additives. The company has announced investments in the following activities: - Project of 6,000 MT Isovaleral (RMB 100 million) - Project of 3,000 MT Methyldihydrojasmonate (RMB 174 million) - Project of 900 MT Geraniol ge·ra·ni·ol n. A fragrant, pale yellow liquid alcohol, C9H17COH, derived chiefly from the oils of geranium and citronella and used in cosmetics and flavorings. (RMB 107 million) - Project of 600 MT Raspberry Ketone (RMB 57 million) - Project of 6,000 MT Glucosamine glucosamine /glu·co·sa·mine/ (gloo-ko´sah-men) an amino derivative of glucose, occurring in glycosaminoglycans and a variety of complex polysaccharides such as blood group substances. Food Additives (RMB 193 million) |
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