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China Chemicals disclosed today that China Chengda Engineering Co., Ltd., a wholly-owned holding company of the company, has signed a contract for the second-phase project of 100,000 tons of 1,4-butanediol project of Xinjiang Meike Chemical Co., Ltd., with a contract period of approximately 27 years. In the month, the contract amounted to approximately RMB 1.6 billion, accounting for approximately 5.79% of the company's 2009 operating income.
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