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Singapore's Dovechem Enhances Presence in China
China's largest bonded liquid chemicals storage company, the Shanghai Dovechem-Bomta Terminal Ltd., went into operation recently in Shanghai.
The storage company was jointly funded by Singapore's Dovechem Group and the Shanghai Shipping Group with joint investment of 23 million U.S. dollars.
It is designed to provide storage, transfer, packaging and transportation services to large enterprises.
The company has already established business ties with chemical producers from more than 20 countries, such as the United States, Britain, Germany and Japan.
Shanghai Dovechem is Dovechem's second liquid chemicals storage company in China. The first one is in Shenzhen, in south China's Guangdong Province.
Dovechem has also established several chemical factories in Shanghai and Jiangsu.
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