Gulf Resources, Inc. (OTCBB: GFRE.OB)
By stockmarket - Posted on July 9th, 2008
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Gulf Resources and Shandong Institute of Light Industry Establish Cooperative Research and Developmet Program July 3, 2008 Agreement to Focus on Development of Advanced Production Technology and Improved Paper AdditivesNEW 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 established a cooperative research and development agreement with the Shandong Institute of Light Industry to create improved products for use in the papermaking industry.
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 MarketsNEW YORK & SHANDONG PROVINCE, China--(BUSINESS WIRE)--Gulf Resources, Inc.
Well its nice to hear that there is a growing coo poration between Gulf Resources and Longteng, because it understood that it will bring revenue for both China and Gulf, but we all have to think do we are concentrating more on revenue generation as compared to enviromental health, as these chemicals can prove very injurious to health, So I think its the social responsibilty of these two that if they are going to rule paper and property industry thay must keep in mind the thing that, its there social responsibilty to keep there customers safe and healthy as well
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 MarketsNEW 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. http://www.gulfresourcesco.com/News-T.asp?id=165
Gulf Resources, Inc.: The toxic chemical element bromine is playing a key behind-the-scenes role in China's growth and infrastructure build-out. a solid longterm buy and hold for all of those who believe china is not just an olympic moment play, but the power of the future.
very consistent profit trend, $6 million net profit in 1st quarter and I expect them to have more than 10% in their 2nd Q as they completed an acquisition.
We view GFRE shares as attractively valued relative to three-year revenue and earnings