Zibo Qixiang Tengda Chemical Co., Ltd.
齐翔腾达
002408
Shenzhen Stock Exchange
Company Overview
Zibo Qixiang Tengda Chemical Co., Ltd. is a manufacturing enterprise listed on the Shenzhen Stock Exchange since 2010. The company specializes in the deep processing of Carbon 4 chemicals and is committed to research and development as well as technological innovation. It has established a significant production capacity for various chemical products, including MEK, MA, butadiene, synthetic rubber, MTBE, isooctane, propylene, isobutene, TBA, NBR latex, and MMA. The company's primary product, MEK, is recognized for its substantial production capacity and market share, dominating over 40% of the domestic market. Zibo Qixiang Tengda has developed a comprehensive industry chain for Carbon 4 deep processing, emphasizing high product quality and advanced production technology. Its butadiene plant features China's first oxidative dehydrogenation system, while its MA production utilizes a more environmentally friendly method. Recent expansions into new materials, including NBR and MMA, further enhance the company's competitiveness and market presence.
AI-generated from company disclosures and CNInfo data.
Company Profile
After several years of continuous development, the company has established a perfect industry chain of the carbon four deep processing and relative facilities required by chemical production standard. The main product of enterprise, MEK sales have been ranked in the top of the world after several years expansion and innovation of devices. The advantages of scale are highlighted because of the product quality and improved market share. The butadiene plant is the first set for Oxidative Dehydrogenation in China, that can relieve the pressure of capacity caused by the shortage of light crude oil. MA production with n-butane oxidation method are more environmentally friendly compared with the traditional method of benzene oxidation. The production scale has reached the highest level in the sector. In 2016, the enterprise put into a new operation of low carbon alkane dehydrogenation to olefin and its comprehensive utilization project of an annual output 450,000t. The new project marks the strong competitiveness in the C4 field.In 2021, the company completed and put into production 200,000 T/A NBR project and 200,000 T/A MMA project, the completion and commissioning of the above projects marks the company’s progress into the field of new materials. In the Future the enterprise will continue to expand its market share and its own development in the basis of the existing product structure.
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