Thor's Specialty Chemicals Will Enter Shanghai Jinghua Park

Toll Specialty Chemicals (Shanghai) Co., Ltd. and Jinshan No. 2 Industrial Zone of Shanghai Fine Chemical Industry Park successfully signed a signing ceremony on July 6, 2010 and officially settled in the Second Industrial Zone. Du Zhizhong, deputy secretary of the Jinshan Committee, and Yu Xufeng, secretary of the Party Committee of Jinshanwei Town, and director of the Administrative Committee of the Second Industrial Zone, the mayor of Jinshanwei Town, and Deputy Director Shen Guozhong of the Administrative Committee of the Second Industrial Zone attended the signing ceremony. The project plans to build a total investment of 30 million US dollars, registered capital of 16 million US dollars, construction projects with a total area of ​​120 acres, mainly engaged in the production of biological fungicides and other projects. According to the production target, the annual tax revenue for the project is no less than RMB 25 million.
The project investor Tato Holdings Limited, headquartered in the United Kingdom, has 16 subsidiaries worldwide, more than 1,000 employees and an annual turnover of more than 220 million euros. Sol Group's main customers include Ciba Specialty Chemicals and Hannover's well-known global chemical companies. Now Garboli and Bardez are also downstream customers. In recent years, with its continuous expansion in China, the Sol Group intends to expand its operations in China and engage in the production of industrial fungicides and other products. In order to maintain the company's sustained growth, the Group decided to establish a new production-oriented company, Toll Specialty Chemicals (Shanghai) Co., Ltd. in Jinshan, which will be directly controlled by the investor Sol Group.

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