Đức Giang-Lào Cai Chemicals JSC, a subsidiary of Đức Giang Chemical Group, has successfully purchased 100 per cent of the capital at Phosphorus 6 JSC with the purchase price of VNĐ635 billion (US$26.8 million).
Duc Giang-Lao Cai Chemicals JSC plans to issue convertible bonds and shares worth VND833.8 billion (US$37 million) in 2017 to merge with Lao Cai Chemical Fertilisers JSC and Bao Thang Chemicals.