Global Organic Tin News: A few days ago, High-precision and high-tech materials (Yichang) Co., Ltd. and Golden Galaxy Intelligent EquipmentSuccessfully signed an organic tin rubber production facility with an annual output of 70,000 tons , representatives of both parties A group photo was taken as a souvenir, marking that the construction of Maigao Fine and Advanced Materials (Yichang) Co., Ltd. is accelerating.
Shell plans to lay off 7,000 to 9,000 jobs by the end of 2022
Shell Petroleum Company: Due to the decline in global oil demand and oil prices due to the new crown epidemic, the company plans to lay off 7,000 to 9,000 employees by the end of 2022. About 1,500 employees have agreed to voluntarily leave this year. As of the end of 2019, Shell had 83,000 employees.
Shenzhen large cash management pilot project will be officially launched on October 10
Daily Economic News: As one of the first cities to participate in the pilot program, Shenzhen’s large-value cash management pilot program will be officially launched on October 10. The starting point for large cash management in Shenzhen for corporate customers is 500,000 yuan, and the starting point for large cash management for private customers is 200,000 yuan.
Migao high-precision high-tech materials (Yichang) Co., Ltd.
70,000 tons/year high-performance organic tin new material project
The project covers an area of about 48 acres, with a total construction area of 14,000 square meters, and a planned investment of 260 million yuan. It will mainly construct R&D office complexes, workshops, and 70,000 tons/year high-performance organic tin new materials. The production line and supporting facilities will achieve an annual output of 30,000 tons of rubber compound, 20,000 tons of 110 silicone rubber, 10,000 tons of vinyl silicone oil, and 10,000 tons of liquid rubber. The project will effectively expand and extend the organic tin new material industry chain in the Yichang New Material Industrial Park of Xingfa Group, and promote the rapid development of the organic tin industry in the direction of high-end and green. The project will start in June 2020, with a construction period of 18 months. After completion, it is estimated that the annual operating income will be 890 million yuan, and the annual profit and tax will be 89 million yuan.
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