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About Us
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October 2023
Completion of the Integration of Epoxy Resin Industry Chain Facilities for C3 Phase One Project
In October, Sinochem International initiated the trial operation of a Propane Dehydrogenation (PDH) unit with an annual capacity of 600,000 tons as part of its C3 Phase One Project. This is a milestone marking the complete integration of its epoxy resin industry chain facilities in Lianyungang.
August 2023
Startup of Para-Aramid Capacity Expansion Project
In August,Sinochem International launched the para-aramid capacity expansion project with an annual capacity of 2,500 tons. New production facilities are expected to start up in 2024, at which time the company’s total para-aramid production capacity will climb to 8,000 tons a year.
February 2023
Completion of the Deal on Natural Rubber Business
On 3 February, Sinochem International closed on the transfer of ownership of a 36% stake in Halcyon Rubber Company (natural rubber business) to Hainan Rubber, further focusing on the core business of chemical new materials.
December 2022
Issuance of 4.975 Billion RMB Private Placement
On 7 December, Sinochem International announced the issuance of 829 million shares at 6 RMB per share, raising a total of 4.975 billion yuan in capital from 18 designated entities. This private placement is the largest single capitalization since the company went public in 2000, strengthening the company's financials while providing funding for new chemical materials business.
November 2022
Sinochem International to Sell 36% Equity in Halcyon
On 16 November, Sinochem International announced the proposed transfer of 36 percent stake in rubber producer Halcyon Agri Corporation Limited. This marks another important step in the company’s “fine chemical strategy” in which fine chemicals represented by new chemical materials stay at the core of the business.
August 2022
Inauguration of Modified ABS Materials Plant
On 18 August,Sinochem International inaugurated a modified ABS materials plant in Yangzhou. The two-phase construction project was financed by an investment of 500 million RMB, towards an annual production capacity of 56,000 tons of modified ABS and PC materials. The completion of Phase I has brought annual capacity to 24,000 tons of modified ABS materials, further expanding the company's footprint in engineering plastics.
June 2022
Startup of Lianyungang Epoxy Resin Project
In June, Sinochem International's 180,000 tons/year epoxy resin project in Lianyungang started up to yield qualified products. Combined with the existing 170,000 tons/year capacity in Yangzhou, the new facility will bring the company’s epoxy resin production capacity to a total of 350,000 tons per year, which is the largest industrywide in China.
May 2022
Thailand Polymer Additives Plant Put into Operation
On 19 May, the first overseas polymer additives factory of Sinochem International was officially put into operation in Thailand. The factory can provide localized supplies to downstream customers in Southeast Asia. Moreover, by leveraging the geographical and business advantages of Thailand, the factory can expand its business to Southeast Asia and throughout the world, while improving the stability of the company's global supply.
May 2022
Startup of PA 66 Project
On 5 May, Sinochem International's PA 66 project started up to yield qualified products. Sinochem International invested 978 million RMB in the project, towards an annual output of 40,000 tons of PA 66 and 25,000 tons of the intermediate Hexamethylene diamine (HMD), effectively resolving domestic shortfalls in the supply of PA 66 and key intermediates, thereby strengthening China's PA 66 production autonomy while elevating safety standards across the supply chain.
February 2022
Inauguration of New Site of Sci-Tech Innovation Center
On 25 February, the new site of Sinochem International Sci-Tech Center in Shanghai Pudong New Area was officially inaugurated. As a “think tank” of Sinochem International’s headquarters, the new center will kick start the company’s new journey in technological research and development with its larger sacle and higher technological standards.
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