ShengdaTech Announces Delay in Planned Acquisition of Jinan Fertilizer and Closure of Bangsheng Chemical
November 5th, 2008ShengdaTech Inc. a leading manufacturer of nano precipitated calcium carbonate and a manufacturer of coal-based chemical products in Shandong Province, PRC, today announced the Company will require additional time to close the acquisition of Jinan Fertilizer Co., Ltd., (”Jinan Fertilizer”) and that the chemical facility in Tai’an City was closed as scheduled on October 31, [...]