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News Breaks
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August 1, 2011
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| 11:24 EDT |  | FFHL |
| theflyonthewall.com: | Fuwei Films announces revised agreement to advance delivery of BOPET line | | Fuwei Films announced that its subsidiary, Shandong Fuwei entered into a supplementary agreement to the contract entered into on March 30 with Lindauer Dornier GmbH, pursuant to which, among other things, both parties agreed to change the scheduled delivery to between March 10, 2012 to April 21, 2012, three months earlier than the original agreement. In accordance with the recent meeting attended by the engineers from both parties to discuss latest products and technology developments in Lindau, Germany, this supplementary agreement includes some targeted adjustments regarding technical specifications and device configuration. Accordingly, the total price of this production line has been increased by EUR400,000 to EUR16.85M. :theflyonthewall.com |
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