Shangqiu Longyu Chemical Co., Ltd (Shangqiu Sanhe Chemical Co., Ltd. ) is a large-scale modern stock enterprise, our shareholder is Yongcheng Coal & powder Group. At present, our company is located in the west section of Nanjing Road. Occupying a total area of more than 50,000 square meters, our company has a fixed asset of RMB 300 million. With powerful technical strength, our company has more than 500 employees, 70% of them have the technical school education; moreover, we have 60 professional technicians in different fields, 18 medium, senior-grade technicians and 5 high-grade administrators. Our company enjoys broad development prospect. Our leading hi-tech product, fatty alcohol, has been sold to EU and USA; it now is well received and highly appraised by our customers in Shanghai, Tianjin, Jiangsu, Zhejiang, Guangdong, Hebei, Shandong and Liaoning, etc. Our company's main products include: C16, C18, C16-18, C18-16, c8-10 and c12-14 of natural fatty alcohol.
In order to further expand the scale, our company plans to invest RMB 910 million on the expansion of fatty alcohol production capacity. First-phase project: total invest: RMB 310 million; yearly production capacity designed: 35,000t; project area: 300mu; building area: 30,000 square meters. The first-phase project started its construction on June 25 of 2005. It is estimated that it will be completed by September of 2006. Second-phase project: total invest: RMB 600 million, yearly production capacity designed: 60,000t. It is estimated that the second-phase project will be completed by October of 2007. Yearly production capacity of Sanhe Chemical Company will reach 100,000t when the project is completed. Our company will become the largest fatty alcohol production base in our country. Yearly production value: RMB 1.2 billion.
Always giving priority to quality and clients' benefit, our company would like to offer clients quality products and service.