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《Fluorine Chemical Industry》202501-2
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《Fluorine Chemical Industry》202501-2

Company Column

  • Shandong Huaxia Shenzhou New Material Co., Ltd. [Main business includes the production and sales of tetrafluoroethylene, vinylidene fluoride, polyvinylidene fluoride, hexafluoropropylene, perfluoroethylenepropylene, fluororubber, etc.], on January 15th, the environmental impact assessment for a new 5,000-ton/year tetrafluoroethylene technology transformation project was publicly disclosed. The total investment for the project is 7.768 million RMB.

  • Henan Jinhai New Materials Technology Co., Ltd. [Main business includes the production of chemical products and the manufacturing of basic chemical raw materials], on January 15th, the environmental impact assessment for the fluorosilicon new materials project (which, upon completion, will have an annual production capacity of 30,000 tons of tetrafluoroethylene, 90,000 tons of anhydrous hydrogen fluoride, 13,000 tons of polytetrafluoroethylene, 60,000 tons of R22, 300 tons of FEP, 10 tons of perfluoroether carboxylic acid, 8,000 tons of hexafluoropropylene, 2,000 tons of perfluorohexanone, 5,000 tons of R142b, 3,000 tons of VDF, 5,000 tons of FKM, 5,000 tons of PFA, 5,000 tons of ETFE, and other fluorine chemical products) was publicly disclosed. The total investment for the project is 30 billion RMB, and the construction site is located in the Economic Development Zone of Wuyang County, Luohe City.

  • Zhejiang Quhua FLUOR-CHEMISTRY Co., Ltd. [Main business includes four series of products: chloromethane, refrigerants, fluorine-containing chemicals, and hydrofluoric acid], on January 17th, the environmental impact assessment for a 160kt/a mixed refrigerant blending technology transformation project was publicly disclosed. The total investment for the project is 2.6 million RMB, and the construction site is within the company's existing factory area.

  • Anhui Yubei New Materials Technology Co., Ltd. [Main business is the independent research and development, production, and sales of high-end display materials], on January 15th, the high-end display materials project (with main products being 70 tons of high-performance liquid crystal (including fluorine-containing liquid crystal) and 30 tons of organic electroluminescent (OLED) materials) officially started trial production. The total investment for the project is 250 million RMB, and the project is located in the Coal Chemical Industry Park of Huainan, Anhui Province.

  • Zhejiang Yonghe Refrigerant Co., Ltd. [Main business includes the research and development, production, and sales of fluorine chemicals, covering multiple fields such as fluorite resources, hydrofluoric acid, fluorocarbon chemicals, and fluorine-containing polymer materials], on January 20th, released the 2024 performance forecast. In 2024, the net profit attributable to shareholders of the listed company is expected to be between 240 million RMB and 280 million RMB, representing a year-on-year growth of 30.66% to 52.43%. Among them, it is expected that the net profit attributable to shareholders of the listed company in the fourth quarter of 2024 will be between 93.5 million RMB and 133.5 million RMB, representing a year-on-year growth of 332.37% to 517.34% and a quarter-on-quarter growth of 176.78% to 295.19%.

  • Zhejiang Yongtai Technology Co., Ltd. [whose main business includes fluorine fine chemicals, pharmaceutical products, plant protection products and trade business], on January 20th, released its 2024 performance forecast. Yongtai Technology's net profit after deducting non-recurring gains and losses is expected to decrease the loss by approximately 246-366 million RMB compared to the previous year, with the loss narrowing by 35.38% to 52.61%. The main reason is the improvement in the performance of lithium battery materials and plant protection business.

  • Zhongxin Fluorocarbon Material Co., Ltd. [whose main business includes fluorine fine chemicals, inorganic fluorine products, refrigerants and related fine chemicals], on January 17th, released its 2024 performance forecast. The company's revenue is expected to be 1.4-1.42 billion RMB, and the net profit after deducting non-recurring gains and losses is expected to be a loss of 166.5-185 million RMB.

  • Tonze New Energy Technology Co., Ltd. [whose main business includes lithium battery materials and home appliance business], on January 20th, released its 2024 performance forecast. It is expected that the company's net profit attributable to shareholders for 2024 will be a loss of 1.25-1.5 billion RMB, compared with a profit of 36.64 million RMB in the same period of the previous year.

  • Do-Fluoride New Materials Co., Ltd. [whose main business includes the research and development, production and sales of high-performance inorganic fluorides, electronic chemicals, new energy batteries and materials, etc.], on January 23rd, issued an announcement. It is expected that the company's net profit attributable to shareholders for 2024 will be a loss of 260-320 million RMB, compared with a profit of approximately 511 million RMB in the same period of the previous year. The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be a loss of 370-430 million RMB, compared with a profit of approximately 471 million RMB in the same period of the previous year.

  • Zhejiang Juhua Co., Ltd. [whose main business includes basic chemical raw materials, food packaging materials, fluorine chemical raw materials and subsequent products, research and development, production and sales], on January 23rd, issued a 2024 performance increase announcement. It is expected that the company's net profit attributable to shareholders for 2024 will be 1.87-2.1 billion RMB, an increase of 926-1,156 million RMB compared with the same period of the previous year, representing a year-on-year growth of 98% to 123%; the net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be 1.721-1.951 billion RMB, an increase of 898-1,128 million RMB compared with the same period of the previous year, representing a year-on-year growth of 109% to 137%.

  • Zhejiang Juhua Co., Ltd. [whose main business includes basic chemical raw materials, food packaging materials, fluorine chemical raw materials and subsequent products, research and development, production and sales], on January 20th, issued an announcement stating that the 13th meeting of the 9th board of directors was held on that day, and the proposal to establish a refrigerant sales center of Zhejiang Juhua Co., Ltd. was passed.

  • Fujian Z-Industries [whose main business includes the production of hazardous chemicals, sales of chemical products, manufacturing of basic chemical raw materials, production of chemical products, manufacturing of special chemical products and sales of special chemical products], on January 17th, the environmental impact assessment for the technical renovation project of electronic-grade hydrofluoric acid (the technical renovation content includes the addition of 30,000 tons of annual production capacity of electronic-grade hydrofluoric acid, 1 ton of annual production capacity of electronic-grade anhydrous hydrogen fluoride, 10,500 tons of by-product industrial-grade hydrofluoric acid, and 260 tons of by-product potassium fluoride solution) was approved. The project construction site is within the company's existing factory area. Hubei Fusi Yicheng New Materials Co., Ltd. on January 21st announced a comprehensive utilization project of fluorine resources from phosphorus fertilizer by-products and an extension of the industrial chain (main products: 20,000 tons/year of electronic grade hydrofluoric acid (EL grade) production facility, 30,000 tons/year of anhydrous aluminum fluoride, by-products: 1,200 tons/year of cryolite production facility, 400 tons/year of electronic grade hydrofluoric acid packaging facility). The total investment of the project is 500 million RMB, and the construction site is located in the B Zone of Yichang Yaogang Chemical Park.

  • On January 21st, the Fluorine Chemical Research Institute of Sinochem Group was officially inaugurated at Zhuhai Chemical Research Institute of Sinochem Blue Sky.

  • Do-Fluoride New Materials Co., Ltd. [whose main business includes the research and development, production and sales of high-performance inorganic fluorides, electronic chemicals, new energy batteries and materials, etc.], on January 21st, announced that it would acquire 54% of the equity of Henan Yifeng Electronic New Materials Co., Ltd. held by Jiaozuo Do-Fluoride New Materials Co., Ltd. Industrial Group Co., Ltd. with its own funds of 28.458 million RMB.

  • Quzhou Guotai Chaowei New Materials Co., Ltd. [a company mainly engaged in the promotion and application of science and technology services], on January 21st, announced the environmental protection acceptance notice for the 2,100 tons/year lithium battery material project (including the first phase of a 300 tons/year lithium bis(trifluoromethylsulfonyl)imide production line).

  • Kings Fluoride [whose main business includes the production and sales of fluorine chemical products, with specific products including anhydrous hydrogen fluoride, inorganic fluorides and electrolytic fluorine, etc.], on January 22nd, announced the environmental impact assessment change notice for the fluorine series products production and construction project. The total investment of the project is 489 million RMB, and the construction site is located in the Fine Chemical Industry Park of Jianyang Economic Development Zone, Nanping City, Fujian Province.

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