BRIEF-Gulf Resources says closing certain factories to meet new environmental rules in China [Reuters]
Gulf Resources, Inc. (GURE)
US:NASDAQ Investor Relations:
gulfresourcesinc.com
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Source: Reuters
BRIEF-Gulf Resources says closing certain factories to meet new environmental rules in China | Reuters Reuters Staff 1 Min Read Sept 7 (Reuters) - Gulf Resources Inc: * Gulf Resources announces the closing of its bromine, crude salt and chemical factories for rectification and improvement in order to meet the new environmental rules in China * While there is no way of knowing how much all of steps relating to closure will cost, co believes it could be between $15 and $30 million * On Sept 1, got letters which stated that to improve safety of chemical enterprises, plants are requested to stop production * Local government requested that facilities be closed, so that facilities can undergo inspection and analysis * Letters stated that plants to perform rectification, improvements in line with China’s new safety, environmental protection requirements * Over short term, prices of commodities to increase as there are temporary shortages * At this time, co does not know timing of further in
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- Gulf Resources Provides Update on the Yuxin Chemical FactoryGlobeNewswire
- Gulf Resources Announces the Completion of the Flood Prevention Project [Yahoo! Finance]Yahoo! Finance
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GURE
Sec Filings
- 4/16/24 - Form 8-K
- 3/28/24 - Form NT
- 1/30/24 - Form 8-K
- GURE's page on the SEC website