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Company column
Wanzhong Weiye Investment Group Co., Ltd. signed a cooperation agreement with Baotou Yufeng Chemical Co., Ltd. on March 27th, successfully acquiring three mining rights, one exploration right, and one flotation plant for the fluorite mine under the names of Baotou Yufeng Chemical Co., Ltd. and Damaoqihongxing Fluorite Co., Ltd. (subsidiaries).
On April 15th, the environmental impact assessment of the construction project (Phase I) of a new energy technology Co., Ltd. with an annual production capacity of 20GWh energy storage batteries and supporting batteries was announced, with a total investment of 2 billion RMB. The project is located in Linwu Industrial Development Zone, Linwu County, Chenzhou City, Hunan Province.
Inner Mongolia Baotou Steel Union Co., Ltd. released its 2023 annual report on April 18, with a revenue of 70.565 billion RMB, a year-on-year decrease of 2.23%; The net profit was 515 million RMB, a year-on-year increase of 170.94%, achieving a turnaround from losses to profits.
Honeywell announced on April 16th that Bosch's latest heat pump series will use Honeywell's energy-saving Solstice low global warming potential (GWP) refrigerant, while Bosch's Florida heat pump series will use Honeywell Solstice ® 454B refrigerant.
Suzhou Jinfu Technology Co., Ltd. announced on April 18th that the first phase of the 10000 ton battery fluorine-free adhesive project has preliminary capacity for mass production on a scale of 1000 tons.
On April 19th, China National Petroleum Corporation authorized the disclosure of a patent: a star shaped perfluoropolyether type polyamide elastomer and its preparation method, with publication number CN117903439A.
On April 19th, Hubei Zhuoxi Fluorochemical Co., Ltd. announced for the first time the environmental impact assessment of the annual production of 200t/a high-purity fluorine gas, 100t/a fluorinated graphite, 100t/a perfluoropolyether end capping, and 5 million/a fluorinated modified materials construction project.
Hualu Engineering & Technology Co.,LTD.， The developed anhydrous hydrogen fluoride process technology and key equipment have successfully passed the scientific and technological achievement appraisal of the China Petroleum and Chemical Industry Federation. The expert committee unanimously believes that the technology is generally at the international advanced level.
On March 29th, Urumqi Fuduoduo New Materials Co., Ltd. announced the environmental impact assessment of the construction project of a green high-end fine fluorine chemical new material base, with a total investment of 6.02 billion RMB. The project is located in the Zhundong Industrial Park in Urumqi.
On April 25th, Do Fluoride New Materials Co., Ltd. announced that the 19th meeting of the 7th Board of Directors was held on the same day and approved the proposal to acquire 80% equity of Ningxia Tianlin New Materials Technology Co., Ltd. It agreed to acquire 80% equity of Ningxia Tianlin New Materials Technology Co., Ltd. held by Nantong Tianze Chemical Co., Ltd. for 300 million RMB.
Zhejiang Yanyi New Energy Technology Co., Ltd.， The annual production of 15000 tons of new lithium salt project, with a total investment of 2.278 billion RMB, will be carried out in two new industrial parks. It is expected to be completed and put into operation in June this year.
Jiangshan Xinlong Chemical Co., Ltd.， The first phase of the relocation and technical renovation project for the production line of 5000 tons of trifluoroacetic acid series products and 3000 tons of hexafluoropropylene series products per year has a total investment of 363 million RMB. The construction site is two new industrial parks, and the construction period is from April 2024 to February 2026.
China Kings Resources Group Co., Ltd. released its Q1 2024 report on April 22. In the first quarter of 2024, Jinshi Resources achieved a revenue of approximately 448 million RMB, a year-on-year increase of 166.49%, and a net profit attributable to shareholders of the listed company of approximately 60.54 million RMB, a year-on-year increase of 74.94%.
Shanghai Chemspec Corporation, April 22, released its 2023 annual report. In 2023, Kangpeng Technology achieved a total operating revenue of 980 million RMB, a year-on-year decrease of 20.89%; The net profit attributable to the parent company was 113 million RMB, a year-on-year decrease of 37.58%; The net profit after deduction was 80.0556 million RMB, a year-on-year decrease of 51.96%.
On April 18th, the groundbreaking ceremony for the annual production of 7200 tons of nitrogen trifluoride III and IV, as well as the first phase of 8400 tons of high-purity nitrogen trifluoride, was held in Jining District by Nanda Optoelectronics (Ulanqab) Co., Ltd. with a total investment of 1 billion RMB.
Arkema， We have recently signed an agreement to acquire a majority stake of nearly 78% in Proionic. Through this acquisition, Akoma has improved its business portfolio and consolidated its position as a key player in the materials industry.
On April 16th, Inner Mongolia Changsheng Pharmaceutical Co., Ltd. started construction on three major projects: the International High end Formulation Intelligent Manufacturing Lighthouse Factory Project, the High Purity Electronic Gas Project (Phase I) in Tokto County, and the Tokto Branch Construction Project of Inner Mongolia Hongde University of Arts and Sciences.
The 2000t/a lithium battery electrolyte additive (FEC) project of Shandong Senmeiyue Chemical Co., Ltd. has passed the safety facility completion acceptance conditions.
The Juhua Technology Center's project "Development of High Performance Perfluorosulfonic Acid Resin for Energy Storage Flow Batteries" won first prize in the first "Navigator Cup" Zhejiang State owned Enterprise Innovation Competition at the 2024 Zhejiang State owned Enterprise Innovation and Development Conference.
Lecron Industrial Development Group Co. Ltd. released its 2023 annual report on April 23. In 2023, Lianchuang Group achieved a revenue of 1.036 billion RMB, a year-on-year decrease of 49.79%; The net profit attributable to the parent company was 12.7152 million RMB, a year-on-year decrease of 98.04%; The net profit after deduction was a loss of 24.3754 million RMB, compared to a profit of 643 million RMB in the same period last year.
On April 22nd, A-Gas announced the completion of its latest separation tower at its Rom factory in Texas.
ShenZhen Newstar Technology Co., Limited, disclosed its 2023 annual report on April 23. In 2023, ShenZhen Newstar Technology Co., Limited achieved a revenue of 1.579 billion RMB, a year-on-year increase of 3.6%; The net profit attributable to the shareholders of the listed company was a loss of 141 million RMB, and the net profit after deducting non recurring gains and losses was a loss of 143 million RMB, both of which were losses for two consecutive years, with cumulative losses of 189 million RMB and 200 million RMB, respectively.
Policy column
CNPC and CIA will notify relevant matters in order to complete the application process for the 2024 Science and Technology Award and the Petroleum and Chemical Industry Patent Award.
