Shazam Stocks Featured Company: Gulf Resources, Inc. (GFRE.OB) Looking to Grow in the Chemical Industry
Gulf Resources has become a leading provider of bromine as well as crude salt and produces an assortment of various specialty chemicals throughout China. The products that the company offers are necessary components for China’s flourishing oil and paper-making industries. Along with bromine, the company manufactures and supplies crude salt, which is primarily found in large quantities near the bromine brine wells. In 2006 alone, Gulf Resources delivered 10,000 tons of oil and gases related chemical products, in addition to 7,000 tons of papermaking related chemical products. Gulf Resources in one of only six companies with a highly coveted Chinese…