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    Home > Chemicals Industry > China Chemical > Lihua Yiweiyuan debuts on the market!

    Lihua Yiweiyuan debuts on the market!

    • Last Update: 2021-08-07
    • Source: Internet
    • Author: User
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    On July 16, 2021, the China Securities Regulatory Commission disclosed: The 18th Issuance Review Committee of China Securities Regulatory Commission is scheduled to hold the 78th Issuance Review Committee Working Meeting of 2021 on July 22, 2021 to review the shares of Lihua Yiweiyuan Chemical Co.
    , Ltd.
    , China Telecom Co.
    , Ltd.
    , Laopu Gold Co.
    , Ltd.
    , Beijing Caishikou Department Store Co.
    , Ltd.
    and other four initial companies
    .

    The prospectus shows that Lihua Yiweiyuan has cooperated with international companies such as KBR of the United States, Badger of the United States, and Asahi Kasei of Japan to introduce its international leading process technology
    .


    The production capacity of 350,000 tons/year of phenol acetone, 240,000 tons/year of bisphenol A and 130,000 tons/year of non-phosgene polycarbonate has been completed and put into operation.


    This time Lihua Yiweiyuan intends to publicly issue no more than 137.
    50 million RMB ordinary shares, which will account for no more than 25% of the company’s total equity after the issuance.
    The total amount of funds raised is expected to be RMB 1,878.
    55 million.

    The "350,000 tons/year phenol, acetone, isopropanol joint project" and the "100,000 tons/year high-purity dimethyl carbonate project" invested by the fund-raising plan were constructed and put into operation, adding 350,000 tons/year of phenol and acetone After the completion of the production capacity, the issuer will be the largest domestic phenol and acetone manufacturer; at the same time, the production capacity of products such as isopropanol and dimethyl carbonate will be added to further enrich the products and further extend and improve the industrial chain
    .

    The new project will increase the production capacity of 217,000 tons/year of phenol, 36,000 tons/year of acetone and 100,000 tons/year of isopropanol
    .


    At present, China's phenol is mainly used for the production of bisphenol A, phenolic resin, cyclohexanone, salicylic acid and nonylphenol.


    In the next few years, phenolic resin and bisphenol A will continue to be the most important consumption areas of phenol in China, and the bisphenol A-epoxy-polycarbonate industry chain will be the main growth point in the consumption of phenol in the future
    .


    The 350,000 tons/year phenol-acetone plant will meet the company’s future polycarbonate plant’s demand for bisphenol A products and phenol and acetone raw materials, and will also meet part of the domestic demand for phenol and acetone products, especially in Northwest China.


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