China Gengsheng Minerals, Inc. (CHGS.OB) Establishes Monolithic Refractory Materials Technology Research Center Supported by Henan Province
China Gengsheng Minerals, Inc., a leading developer, manufacturer and marketer of a broad range of high-tech industrial material products in China, recently announced that the company has established a new government-supported R&D center. This new center will be housed on the premise of the company’s subsidiary, Henan Gengsheng Refractories Co., Ltd., for integrated research and development purposes in order to quickly commercialize mineral-based industrial materials. As one of the 64 key industrial engineering and technology centers designated by the Henan Provincial Government this year, the government is expected to provide grants and low-interest loans for the these institutes to develop…