The alibaba Chemical Industry, a subsidiary of the state-owned China Chemical Industry Corporation (CCIC), has been granted rights to explore and develop a new chemical industry for use in a Chinese city, the company said on Monday.
The city, Zhongguancun, is in the southeastern province of Guizhou and was chosen by the CCIC in January after the state’s environmental and environmental protection ministry gave it the green light.
The CCIC was granted the rights to establish a chemical industry in ZhongGuancun after receiving the city’s approval.
The decision came after the city received its first shipment of chemicals from a Chinese company.
The city will soon have a second shipment of the chemicals, which the CCI will use for its research and development activities, the CCICS said in a statement.
Zhou Jianfeng, the director of the CCIA, said Zhong Guancun was selected because of the city “s success in developing a high-value industrial sector”.
The CCI’s Zhong Jianfans new project will be based in Zhongs first industrial complex and its first chemical industry will be established there, the statement said.
The move comes after Zhong guancun won an award from the European Union for its environmental protection and sustainability, and is among the first Chinese cities to receive the prize.
The project will provide “unparalleled environmental protection, environmental services, and industrial services”, the CCIO said in the statement.