CGA/YONG - why interesting? Volume increase aren't unusual, at least in their space. CGA increased volume for their original plant by 1/2. YONG increased their 10K tonne plant to 15K tonne this year - I think they are just increasing their shifts from 2 to 3 - but YONG, see below, say it's efficiency and streamlining.
Anyway, 300K becomes 450 and their total, including the old plant, to 500K.
YONG's comments were:
We recently announced a 50% capacity increase in our existing plant nutrient production facility from 10,000 tons to 15,000 tons per annum as a result of streamlining our production process and upgrading our manufacturing equipment. [1]
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.