Changzhi, Singapore chemical businesses form partnership

Tianji Group, based in Changzhi city, Shanxi province, and Gemoil (Singapore) Pty Ltd signed a processing trade project for 20,000 tons of aniline at the China International Import Expo in Shanghai Nov 5.

A leading company in China's chemical sector, Tianji Group sells products to Australia, Mongolia and many Southeast Asia countries.

The partnership with the Singapore trading company, which specializes in international trade in petrochemicals and petrochemical equipment, will bring the two sides economic and industrial benefits.

It's expected that Tianji Group will produce 20,000 tons of aniline from imported pure benzene annually, with aniline exports exceeding 100 million yuan ($14.45 million).

Changzhi city has accelerated industrial transformation in recent years with emerging industries such as modern coal chemicals, equipment manufacturing, new energy vehicles, photovoltaic products and biomedicine developing rapidly.

The city's chemical products, electromechanical equipment, new energy vehicles, photovoltaic modules and agricultural specialties have been exported to over 40 countries.

During the China International Import Expo, other companies from Changzhi city will also deal in medical equipment, food, farm produce and daily necessities.