Hexagon Group AG Invests in a Brand New Ammonium Sulphate Compaction Plant in China
Joint Venture with Lucky Grace International
Lucky Grace International (Singapore) Pte. Ltd. and Hexagon Group AG are pleased to announce the formation of their joint venture company “An Li Jia”.
An Li Jia will produce one million tons of compacted ammonium sulphate at its brand new plant located at the port of Yangzhou (Jiangsu Province); the first production line is expected to be ready by mid 2025. The product will be marketed globally by both partners. “This new plant is a perfect fit to our two existing production sites in China and will further enhance our strong position in the global market”, says Ms. Lynn Yim, Managing Director of Lucky Grace.
“We are truly proud and happy that we could team up with a first class and quality-focused partner like Lucky Grace”, says Christian Wendel, Hexagon Group AG’s President, and he added “getting involved in production has been our goal since we started our company back in 2018.” Both companies plan to ship the product to various destinations both in Asia and overseas.
For more information please contact:
Lucky Grace International (Singapore) Pte. Ltd.
www.lucky-grace.com
Tel: +65 6911 6888
Hexagon Group AG
www.hexagon-group.com
Tel: +41 44 210 0200.
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