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. SINGAPORE
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Business Description
In 1995, a group of Singapore investors started a chemical business in Taixing City, PRC with an initial capital investment of USD29.5 million. As a result, SP Chemicals (Taixing) Co Ltd, a wholly owned China subsidiary of Singapore-based SP Chemicals Pte Ltd, were established.
Today, SP Chemicals (Taixing) has transformed itself from a chlor-alkali producer into a petrochemical producer with more than two decades of continuous expansion through the company’s own resources. The company has a cracker and its own power plant. The company now produces ethylene, propylene, styrene, vinyl chloride monomer, caustic soda, chlorine, hydrogen and other chemical raw materials. Its paid-up capital has increased to USD521.9 million and the total investment is RMB11.0 billion as of December 2021.
With the strong economic growth of the PRC, the chemical industry is expected to grow in tandem.
Our Taixing facility is strategically located in the China Fine Chemical Industry Taixing Park, a dedicated economic development zone designated as a fine chemicals hub in Jiangsu province.
Besides being the only Chlor-alkali producer in Taixing Industrial Chemical Park, SP Chemicals enjoys strong market position and extensive customers base in Jiangsu, Shandong, and Zhejiang Province.
Styrene Monomer Uses
Intermediate raw chemical used in making polystyrene plastics …
Vinyl Chloride
Monomer Uses
PVC, used in varied industries such as construction, packaging, consumer …
Pulp and paper, textiles, soap and washing detergents …
Water purification, sanitation of industrial waste, sewage and …
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