Gulf Resources Announces Agreement to Supply Custom Papermaking Chemicals to Largest Privately Owned Producer of Coated Art Paper in China
News on July 8, 2008
Agreement with Longteng Industrial & Trading Co. Expands Gulf's Revenue Growth Initiatives in Major Specialty Chemical Markets
NEW YORK & SHANDONG PROVINCE, China--(BUSINESS WIRE)--Gulf Resources, Inc. (OTCBB: GFRE - News), a leading producer of bromine, crude salt and specialty chemicals in China, today announced that its specialty chemicals subsidiary has signed an agreement with Longteng Industrial & Trading Co. to supply a variety of custom produced chemicals for use in the manufacturing of high quality paper products. The agreement is Gulf's first with Longteng Industrial & Trading Co., the largest privately owned coated art paper producer in China.