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Company column
Anhui Jinfu Chemical Co., Ltd. has had in-depth communication and coordination with Yanghu Township in Yangxin County in the early stage. Recently, Wang Lin, Chairman of Anhui Jinfu Chemical, led a team to conduct on-site inspections.
Sanming Minhe Pharmaceutical Technology Co., Ltd.'s pharmaceutical intermediates and fluorine-containing medical materials project has completed the main construction of the production workshop on June 29th and is currently undergoing equipment installation. It is expected to undergo trial production in September this year.
Chengdu Huasun Technology Group Inc., Ltd., Shandong Lingkai, July 1st. With the smooth progress of the first phase of the project, the 1000 tons/year lithium difluoride production line has officially entered the trial production stage, and the equipment is running smoothly throughout the line.
Fujian Delzhichuan Group Co., Ltd. and Shanghai Rolechem Co., Ltd., on June 29th, have updated and submitted relevant financial information due to the expiration of the validity period of the financial information previously recorded in the IPO application documents.
Honeywell, on July 1, announced that Wal Mart China will use Honeywell high-efficiency energy-saving refrigerant Solstice in the refrigeration system of its 26 stores ? N40 (R4481).
Guangzhou Guanggang Gases&Energy Co., Ltd. successfully filed for the development and production project of 3000 tons/year nitrogen trifluoride electronic special gas on July 1st.
Shandong Huaan New Material Co., Ltd.， Recently, a new invention patent was granted, titled "Preparation Method of 2-chloro-1,1-difluoroethane", with patent publication number (grant) CN114853563B and grant date of June 28, 2024.
On July 1st, Xinyang Huaxin Mining Group Co., Ltd., a subsidiary of Huaxin Investment (Group) Co., Ltd., held a cooperation signing ceremony with the mining rights holder of Xingji Fluorite Mine. This marks Xinyang Huaxin Mining Group Co., Ltd.'s launch of the integration work of Pingqiao Xingji Fluorite Mine, officially entering the fluorite mine and its industry.
Hubei Xiangyun (Group) Chemical Industry Co., Ltd. announced on July 3rd that it plans to jointly invest with three other companies to establish a phosphorus and fluorine industry equity subsidiary, Hubei Phosphorus and Fluorine Industry Technology Research Institute Co., Ltd.
On July 3rd, Lee&Man Chemical Co. Ltd. announced the first environmental impact assessment of its trifluorochloroethylene and supporting projects. This project is an expansion project located within the company's factory area.
Shandong Taihe Technologies Co., Ltd. announced on July 4th that it plans to invest RMB 410 million from its own funds in the construction of an industrial chain expansion project.
The Development and Reform Commission of Shandong Province has announced the first batch of pillar type geese formation clusters and the list of "leading geese" enterprises. The fluorosilicon new material industry cluster in Zibo City has been selected as the provincial pillar type geese formation cluster, and Dongyue Fluorosilicon Technology Group Co., Ltd. and Zibo Feiyuan Chemical Co., Ltd. have been selected as "leading geese" enterprises.
Jiujiang Tianci Resource Recycling Technology Co., Ltd. has been approved for its annual production of 45000 tons of high-purity lithium fluoride project.
On July 5th, Fujian Zhongxin Fluoromaterial Gaobao Technology Co., Ltd. announced the environmental protection acceptance information for the phased completion of the expansion project of fluorine fine chemicals series (5000 t/a fluorobenzene production line).
Tianjin Changlu New Chemical Materials Co., Ltd., July 8th, Environmental Impact Assessment Announcement for Fluorinated Organic New Materials Deep Processing Project.
Jiangxi Changxinrui Pharmaceutical Co., Ltd. announced on July 9th before the environmental impact assessment of the fluorine chemical new material project was approved. The project has an investment of 300 million RMB and is located on the south side of Longshan Avenue in Hukou High tech Industrial Park, Jiangxi.
Shandong Huaan New Material Co., Ltd. and Inner Mongolia Jin'ebo Fluorine Chemical Co., Ltd. officially signed the "2024 Strategic Cooperation Framework Agreement for Anhydrous Hydrogen Fluoride" on July 10th.
HI-TECH Spring, on July 9th, announced that its subsidiary Shandong Xinweiyuan New Materials Co., Ltd. obtained a construction permit on July 8th, and the project has officially started construction. The construction period is one year, and it is expected to reach trial production conditions in April 2025. The total investment of the project is about 552 million RMB, and the construction site is located in Dongying Port Economic Development Zone.
Zhejiang Sanmei Chemical Industry Co., Ltd.， Recently, a new invention patent was granted, titled "Method for Synthesis of 4,4 '- Difluorobenzophenone from Fluorobenzene". The patent publication number (grant) is CN114292169B, and the grant date is July 2, 2024.
Honeywell and Air Products announced on July 11th that Honeywell has agreed to acquire Air Products' liquefied natural gas (LNG) process technology and equipment business for $1.81 billion in cash. The acquisition amount is approximately 13 times the expected EBITDA of the business in 2024.
On July 10th, Zhejiang Juhui New Materials Co., Ltd., a subsidiary of Juhua Group Corporation, officially laid the foundation for the 20kt/a polyvinylidene chloride high-performance barrier material project.
On July 11th, Henan Jinhai New Materials Technology Co., Ltd. successfully held the groundbreaking ceremony for the hundred billion RMB fluorosilicon new material project.
On July 11th, Lee&Man Chemical Co. Ltd. approved and publicly announced the annual production of 10000 tons of difluoroethane for the technical renovation of the difluoromethane unit.
Zhejiang Chain of Fluid Chemicals Limited, a subsidiary of Zhejiang Juhua Co., Ltd., has successfully passed the review of the fifth batch of national manufacturing industry single champion enterprises.
Jinyang Advanced Materials Co., Ltd., on July 15th, announced the public participation in the environmental impact assessment of the 100000 ton electronic grade hydrofluoric acid and 60000 ton anhydrous hydrogen fluoride (intermediate products: gaseous and liquid) renovation and expansion project before approval.
Do-Fluoride Chemicals、 Hubei Yihua Huazhong Fluorosilicon Industrial Park signed a project contract on July 12th, with a total investment of 9.6 billion RMB.
ABACHEM， Announcement announced the termination of the new production line project at the Nantong base, with a total planned investment of 400 million RMB.
Gansu Minghe New Materials Co., Ltd., on July 15th, announced the environmental impact assessment of the 1600 ton annual production of high-performance fluorine-containing functional materials project in Zone C of Lanzhou New Area. The project has an investment of 30.38 million RMB and is located in Zone C of the Lanzhou New Area Specialized and Innovative Chemical Industry Incubation Base.
Peric Special Gases Co., Ltd. announced on July 17th that it has recently signed a sales contract for nitrogen trifluoride with a well-known integrated circuit customer A in China, totaling RMB 115079200.00 (including tax) [approximately RMB 115 million]
Sheng Jingyingke, on July 17th, the integrated construction project of fluorine based polymer materials completed the filing, with a total investment of 1.2 billion RMB and a total of three phases of construction.
Inner Mongolia Green Ling Gas Co., Ltd., on July 17th, announced the environmental impact assessment (EIA) for the 10000 tons/year high-purity electronic specialty gas project (Phase I), with a total investment of 360 million RMB.
Hubei Ruineng Huahui Energy Management Co., Ltd.， It is revealed that its zero carbon factory under construction is expected to be officially put into operation before the end of this year, with an annual output of 30000 tons of new energy-saving and environmentally friendly refrigerants
Jinghua Pharmaceutical Group Co., Ltd. announced on July 19th that it received a notice from its subsidiary Ningxia Senxuan Pharmaceutical Co., Ltd. to resume production on the same day.
Liaocheng Fuer New Material Technology Co., Ltd. recently obtained a new invention patent authorization, titled "A Device and Process for Co producing Tetrafluoroethylene and Pentafluoroethane", with patent publication number (authorization) CN112876337B, and authorization date of July 19, 2024.
Performance column
On July 8th, Shenzhen Xinxing Technology Co., Ltd. disclosed its performance forecast, expecting a net loss of RMB 55 million to RMB 65 million in the first half of 2024, compared to a loss of RMB 49.0332 million in the same period last year; Deducting non net profit resulted in a loss of 70 million to 80 million RMB, compared to a loss of 51.7331 million RMB in the same period last year.
Zhejiang Juhua Co., Ltd., on July 9th, announced the expected increase in performance for the first half of 2024. It is expected that the net profit attributable to shareholders of the listed company in the first half of 2024 will be 740 million to 880 million RMB, an increase of 51% to 80% compared to the same period last year; The net profit attributable to shareholders of the listed company after deducting non recurring gains and losses was 700 million to 840 million RMB, an increase of 53% to 84% compared to the same period last year.
YONTA released its semi annual performance forecast for 2024 on July 10th. Expected net profit attributable to the parent company in the first half of 2024 is between 35 million and 45 million RMB, with a year-on-year change of -9.45% to 16.42%; The estimated non recurring net profit is expected to be between 31 million RMB and 41 million RMB (compared to a loss of 42.0643 million RMB in the same period last year), with a year-on-year increase of 173.70% to 197.47%.
Do Fluoride Chemicals, on July 10th, released its semi annual performance forecast for 2024. It is expected that the net profit attributable to the parent company in the first half of 2024 will be between 60 million and 90 million RMB, a year-on-year decrease of 66.44% -77.63%; The estimated net profit after deducting non recurring expenses is between 5 million and 35 million RMB, a year-on-year decrease of 84.59% -97.8%.
Zhejiang Sanmei Chemical Industry Co., Ltd., on July 9th, announced the expected increase in performance for the first half of 2024. It is expected that the net profit attributable to shareholders of the listed company in the first half of 2024 will be 333.5797 million RMB to 433.6537 million RMB, an increase of 157.19% to 234.35% compared to the same period last year; The net profit attributable to shareholders of the listed company after deducting non recurring gains and losses was 325.2336 million RMB to 422.8037 million RMB, an increase of 158.93% to 236.61% compared to the same period last year.
Zhejiang Zhongxin Fluid Materials Co., Ltd. released its semi annual performance forecast for 2024 on July 9th. It is expected that the net profit attributable to shareholders of the listed company in the first half of 2024 will be a loss of RMB 20.5 million to RMB 24 million, a decrease of 390.36% to 439.93% compared to the same period last year; After deducting non recurring gains and losses, the net profit loss was RMB 23.5 million to RMB 27 million, a decrease of 588.94% to 661.24% compared to the same period last year; Basic earnings per share loss of 0.0625 RMB/share -0.0732 RMB/share.
On July 9th, Guangdong HEC Technology Holding Co., Ltd. announced the expected increase in performance for the first half of 2024. It is expected that the company will achieve a net profit attributable to shareholders of the listed company of 200 million to 280 million RMB in the first half of the year, with an absolute year-on-year growth rate of 243.98% to 301.57%; Realize a net profit attributable to shareholders of the listed company after deducting non recurring gains and losses of RMB 167 million to RMB 237 million, with an absolute year-on-year growth ratio of 172.17% to 202.43%.
Tonze, on July 10th, disclosed its performance forecast. The net profit loss attributable to shareholders of the listed company ranges from 115 million RMB to 135 million RMB; After deducting non recurring gains and losses, the net profit loss ranges from 115 million RMB to 135 million RMB; Basic earnings per share loss of 0.23 RMB/share -0.27 RMB/share
On July 10th, Tinci disclosed its performance forecast for the first half of 2024. It is expected that the net profit attributable to shareholders of the listed company in the first half of the year will be between 210 million RMB and 260 million RMB, a year-on-year decrease of 83.70% to 79.82%; After deducting non recurring gains and losses, the net profit was 170 million to 210 million RMB, a year-on-year decrease of 86.62% to 83.48%; Basic earnings per share range from 0.11 RMB/share to 0.14 RMB/share.
Raw material column
The 109th Geological Brigade of Guizhou Provincial Bureau of Geology and Mineral Resources has completed the field work of "Investigation and Evaluation of Fluorite Mines in Lianhuashan Area, Pu'an County, Guizhou Province" before June 25th, and has identified two prospecting target areas.
Policy column
DCCEW has opened a public consultation period on policy options to reduce the use of high global warming potential refrigerants in commercial refrigeration, considering banning the import of R404A.
On July 2nd, the Ministry of Ecology and Environment issued a response letter approving the adjustment of production quotas for hydrochlorofluorocarbons and hydrofluorocarbons in 2024 for 13 companies including Arkema (Changshu) Fluorochemical Co., Ltd.
On July 2nd, the Ministry of Ecology and Environment issued a letter soliciting opinions on the draft National Plan for China's Implementation of the Montreal Protocol on Substances that Deplete the Ozone Layer (2024-2030).
On July 12th, 9 departments including the Ministry of Industry and Information Technology, National Development and Reform Commission, Ministry of Finance of the PRC, Ministry of Ecology and Environment, Ministry of Agriculture of the PRC, Ministry of Emergency Management, University of Chinese Academy of Sciences, Chinese Academy of Engineering, and National Energy Administration jointly released the "Implementation Plan for Innovative Development of Fine Chemical Industry (2024-2027)".
Exhibition section
The 3rd ACMI2024 Lithium/Sodium Battery Electrolyte Innovation and Development Forum will be held in Changzhou from August 21-23, 2024.
