United States

TUS-SOUND ENVIRONMENTAL RESOURCES unit to set up sub-unit and jv

Tuesday, 12 Apr 2016 08:00pm EDT 

TUS-SOUND ENVIRONMENTAL RESOURCES CO LTD:Says wholly owned Tianjin-based renewable resources investment holding subsidiary to invest 70 mln yuan to set up a wholly owned plastic subsidiary in Hebei.Says the wholly owned Tianjin-based subsidiary to invest 5.85 mln yuan and Korea-based company Turnto Co.,Ltd. to invest 0.65 mln yuan to set up a renewable resources technology development jv in Beijing, and the subsidiary to hold 90 pct stake in its jv. 

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