Guangxi is the biggest gum rosin producing province in China, more and more gum rosin derivatives production facilities were set up by overseas investors in recent years. On February first of 2007, Sino-Canada resin Co.,Ltd was set up in Guigang city, Guangxi and will be put into production in June 2007. The project was a joint venture, which invested by Yongfa Resin Plant of Guangxi, Grenhall of Canada and Texie Technology of Taiwan. The total investment of the project was 50 million RMB with capability of 20 thousand tons. The project mainly produces Rosin modified phenolic resin, Rosin glycerin ester, Rosin maleic acid resin, Pale rosin resin, etc and will be exported to Europe, USA and South East Asia.
Source: Guigang local administration