In a sleepy Louisiana town, two Chinese chemicals firms are being hit on multiple fronts by the trade war

//In a sleepy Louisiana town, two Chinese chemicals firms are being hit on multiple fronts by the trade war

In a sleepy Louisiana town, two Chinese chemicals firms are being hit on multiple fronts by the trade war

US President Donald Trump’s trade war with China has thrown a spanner in the works of two Chinese chemicals companies spending billions of dollars building factories in the United States.Yuhuang Chemical was started in 1994 by a village branch of the Chinese Communist Party in Shandong Province, but in 2014, it raised some eyebrows when it announced plans to build a US$1.85 billion methanol plant in St James Parish, Louisiana.Last year, Wanhua Chemical, a listed company also from Shandong,…

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By | 2019-02-19T13:59:43+00:00 February 19th, 2019|Headlines|Comments Off on In a sleepy Louisiana town, two Chinese chemicals firms are being hit on multiple fronts by the trade war