CHINA AND ARMENIA EXPECT 30,000 TONS CHLOROPRENE OUTPUT

China Knowledge Online
s_Detail.aspx?type=1&cat=CMP&NewsID=%20334 73
May 6 2010

May 5, 2010 (China Knowledge) – China and Armenia’s chloroprene rubber
joint-venture project, see the annual output capacity hit 30,000 tons
from May 2010.

"The project is the largest one for the two countries, and we are
expecting a lot at it", Armenian Minister of Energy and Natural
Resources Armen Movsisyan said.

The chloroprene rubber project with annual output capacity of 30,000
tons is invested by Shanxi Synthetic Rubber Group Co Ltd and an
Armenian company. A new firm called Shanna Synthetic Rubber Co Ltd
was founded to operate the project. As of the end of March this year,
the project had involved investment of RMB 1.65 billion. It reached
the trail production standard last month.

Shanxi Synthetic Rubber Group Co Ltd, the largest chloroprene rubber
producer in China, is a subsidiary company of China National Bluestar
(Group) Co Ltd.