Huizhou Yussen Chemical Co., Ltd.

Hunan Yussen Energy Technology Co Ltd is a China-based company mainly engaged in the process, development, production and sales of organic chemical products. The company is committed to comprehensive utilization of C4 LPG and has become the largest LPG deep-processing enterprise in South China with a complete product range and advanced technology.

The Company's main products are MTBE (200Kt/year)、Isopropyl alcohol (50Kt/year)、Isooctane (300Kt/year) and Maleic anhydride (150Kt/year). Yussen group, which is established in October 2009 is a public company (Stock No.002986) with a registered capital of 158.676 million yuan  and owns three wholly-owned or holding subsidiaries: Huizhou Yussen Chemical Co., Ltd., Huizhou Yussen Materials Co., Ltd. and Huizhou Boeko Materials Co., Ltd. The main production base of the company is located in Huizhou Dayawan Petrochemical Park, the second largest one in China and relying on CNOOC Huizhou Petrochemical, CNOOC Shell and other large petrochemical enterprises. The company is also building a PBAT plant (60Kt/year), a MEK plant (100Kt/year), an ethyl acetate plant (130Kt/year) and a 1,4-butanediol plant (120Kt/year). The company has competitive cost advantage and product quality advantage. The company's base layout is close to raw material suppliers and customers, and the pipeline transportation and sea transportation mode remarkably reduces transportation costs. The flexible production lines can produce different kinds of products according to market demand.

Since its inception, the company has introduced international advanced equipment, techniques and high quality personnel to improve its core competitiveness. Our market covers the whole south China with the edge of flourishing economy, advanced transportation, tremendous petrochemicals demands and intensive customer resources. Our global market has been expanding. Vast amount and various kinds of products have been exported to South East Asia, India, Europe and etc. Since the company started up in 2011, both revenue and net profit have maintained rapid growth where the compound annual growth rate of revenue has exceeded 30%, the revenue and the profits and tax have exceeded 3.1 billion yuan and 300 million yuan respectively in 2019. With various new plants coming into production, the company is going to see a great leap in recent years. The total output value is estimated to exceed 5 billion yuan with Maleic Anhydride plant's coming into operation, and it will exceed 6 billion yuan after MEK and PBAT plants start production in 2022.