Acetic acid prices remained low in the first half of the year, but cost reduction helped Jiangsu Sopo Chemical turn losses around | Interpretations
1. Jiangsu Sopo Chemical has stopped the decline in performance over the past two years and achieved a turnaround in the first half of this year. 2. The price of acetic acid products remained low in the first half of the year, and the company mainly benefited from the increase in production and sales volume and the decrease in production costs. 3. Jiangsu Sopo Chemical also plans to purchase the technology license of ethyl acetate production process from its subsidiaries to build a production facility.
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