Number of employees 1,003 | Founded 1990 | |
Products Chemicals, Plastics, and other Specialized Products & Services Revenue $1.501 Billion RMB (2006) Net income $443 Million RMB (2006) Parent organization Sp Chemicals Holdings Ltd. Subsidiaries Singpu Chemical Industries Co Ltd. | ||
SP Chemicals, a Singapore-based company is one of the largest ion-membrane chlor-alkali producer and aniline producer in the PRC. It was listed on the Main Board of SGX-ST on 6 August 2003.
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Products
SP Chemicals engages in the manufacture and sale of the chemical industry's basic building blocks - caustic soda, chlorine, hydrogen and its related downstream products. Their products are materials widely used in various applications across a diverse range of industries. Products include: aniline, caustic soda, chlorine, chlorobenzene, nitrochlorobenzene, nitrobenzene, vinyl chloride monomer (VCM). To further drive its growth, SP Chemicals plans to invest approximately RMB1.1 billion in facilities for the production of styrene monomer, an intermediate raw chemical used in making polystyrene plastics, protective coatings, polyesters and resins.
Vietnam Petrochemical Industrial Park
SP Chemicals is planning to build an integrated petrochemical park of 1,300 hectares and a naphtha cracking plant in the Vietnam Petrochemical Industrial Park, with a production capacity of 800,000 tpa of ethylene annum to supply raw materials to their own facilities in the PRC, and Hoa Tam Petrochemical Park, and to a lesser extent for export.
This mammoth project is targeted to be completed within 15 years in 2 development phases: