In June 29th, 2011, a ceremony for 30,000Mt disproportionated rosin project which is invested by Wuzhou Pine Chemicals Ltd.was held in Nuofu, Lancang, Yunnan. Che Qinchi, general manager of Wuzhou Pine Chemicals Ltd, Li Songquan, head of Nuofu Township and Shen Ronglong, representative of Taiwan Synthetic Rubber Co., Ltd addressed opening speech on the ceremony. Meanwhile, Wuzhou Pine Chemicals Ltd signed purchase contract with Korea Samsung Chemicals Co. Ltd and Jinhu Petrochemical Co., Ltd, strategic cooperation contract and Korea exclusivity agreement with Ansung Heavy Industry (H.K.) Co., Ltd.
Lancang County is located at Southwest of Yunnan province. Lancang possesses plenty of pine forest sources, among which Simao Pine covers 153 thousand ha and yields no less than 30,000Mt pine oleoresin. Nuofu Township at where the project located is the largest pine oleoresin producing center in Yunnan with annual capacity higher than 10,000Mt. Wuzhou Pine Chemicals Ltd combined its advanced rosin producing technique, pine oleoresin tapping and management system with local rosin deep processed pine chemical experience of Lancang to achieve mutual benefit.
Operation of the project was based on effort of all stuff concerned in Wuzhou Pine Chemicals Ltd. With hard work spirit of Wuzhou Pine Chemicals Ltd and support of local government, it took less than half year to start producing while taking technical transformation. By the end of June, the project had produced 2,000Mt gum rosin which worth 40,000,000RMB. The equipments for 30,000Mt disproportionated rosin project had installed by the end of June and started to operate in June 29th.
Besides participants list above, main officers from each government departments in Lancang also join the ceremony. The project also gains attention from other associations. China National Forest Product Industry Association Rosin Branch and China Chamber of Native and Animal products Rosin Branch sent their greetings.