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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.
February 2022

Trial Production of First Batch of Installations under C3 Project

On 22 February, the first batch of installations under Sinochem International’s C3 project went into trial production whereby stage-based production commenced for C3 Phase 1 projects. The installations includes an epichlorohydrin project with an annual capacity of 150,000 tons, an epoxy project with an annual capacity of 180,000 tons, a hydrogen peroxide project with an annual capacity of 350,000 tons, an ionic membrane caustic soda project with an annual capacity of 120,000 tons, as well as some public auxiliary projects. This marked an important milestone in the construction progress of Sinochem’s Lianyungang Industrial Park.
January 2022

S-TMQ Project Completed Construction and Put into Production

On 10 January, Sinochem International’s High-end Antioxidant S-TMQ Project was completed and put into production in Shandong province. With world-leading technological standards and product quality standards, the project is set to fortify the company’s position in the polymer additives sector and bolster the company’s efforts to lead the green transformation and upgrading of the fine chemical industry.
August 2021

Entering the Plastic Additives Business

On 26 August, Sinochem International completed the acquisition of Jiangsu Fopia Chemicals Co., Ltd., marking a foray into the plastic additives business. As a manufacturer of plastic additives based in Binhai, Yancheng, Fopia manufactures products such as light stabilizers, UV absorbers and special flame retardants. Its production capacity for CEPPA flame retardants is the largest in the world.