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Jiutian Chemical gains from tumble in raw material price

Competitor's exit propels it to become the world's number two producer of dimethylformamide.

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Mr Lee is seizing the opportunity of increased interest in the company to raise its profile and build up a bigger institutional investor base.

Singapore

CATALIST-LISTED Jiutian Chemical Group recently became the world's second-largest dimethylformamide (DMF) producer, after a competitor exited the business. The economics of its chemicals production business have also improved, and the company expects this situation may continue...

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