CNEI Invests US$23 Million in a Chinese Salt Chemicals Producer (Asia)

Source: China New Enterprise Investment

China New Enterprise Investment (CNEI), a China-focused growth capital fund manager, led a US$23 million investment in Chinese salt chemicals manufacturer China Dadi Chemical (Dadi). Korea Development Bank, the state-owned policy bank of South Korea, co-invested alongside CNEI. The investment is expected to help Dadi strengthen its industry position through capacity expansion and downstream product development.