adminBy Stephen Nakrosis
Gulf Resources on Friday said it was notified by the government of Shouguang City in China that all bromines and crude salt facilities will be temporarily closed from Dec. 25 to Feb. 20.
Gulf Resources says it expects to temporarily halt production during this period, and that winter typically sees slower bromine sales, as customers close for the Chinese New Year holidays.
“We believe this seasonal closure aligns with the government’s efforts to address winter air pollution and enhance the overall efficiency of brine resources,” the company said.
Last year, the company had a closure from December 10, 2022 and lasted to February 1, 2023. The current shut down means Gulf Resources will have an additional 15 days of production in the fourth quarter and will lose 19 days of production in the first quarter, the company said.
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