Yanggu Huatai expected to profit 200 mln yuan

On June 28, Shandong Yanggu Huatai Chemical Co.,Ltd released its half year performance report.

The company predicted that it will realize 206 million yuan - 231 million yuan in the first half year of 2018, yearly rising by 155%-185% compared to the same period of 2017.

Amongst, the company predicted that it would suffer 11 million yuan of extraordinary item.

The company said its new productions were also put into operation, due to its main operation keeping growth.

Shandong Yanggu Huatai Chemical Co., Ltd. is a backbone enterprise of China’s rubber chemicals industry, vice chairman unit of the Professional Committee of China Rubber Industry Association, reliance unit of the National Rubber Chemicals Engineering Research Center, the state high-tech enterprise, Shandong Enterprise Technology Center and Shandong Science and Technology Innovation Export Trade Base. The company has developed four systems, seven varieties of green eco-friendly rubber chemicals. Its leading product has domestically advanced rubber anti-scorcher CTP technology and reaches internationally advanced level of similar products. With annual sales of 10,000 tons, it occupies about 60% of domestic market share over the years; vulcanization accelerator NS product has reached the international advanced level of similar products in quality and technical level. Established 10,000T production facilities in China, it has reached an annual production capacity of 10,000 tons. Its plasticizer production capacity has reached 2,000 tons. Our clients include Michelin, Bridgestone, Goodyear, Continental, Pirelli, Kumho, Hankook and other internationally renowned tyre companies, and Hangzhou Zhongce, Triangle Group, Fengshen Shares, Linglong Tyre, Jiatong Shares, Qiandao Shuangxing, Shanghai Tyre, Chengshan Gubo, Huanan Tyre, Guizhou Tyre, Zhengxin Tyre and other domestic well-known tyre companies. Most rubber products manufacturing enterprises will designate our products as complementary products in their raw materials tendering.