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Zibo Qixiang Tengda Chemical (002408.SZ): From August 10th, the epoxy propane unit will be inspected, and the propane dehydrogenation unit will be upgraded.
Zibo Qixiang Tengda Chemical (002408.SZ) announced that, according to the requirements of the operating cycle of chemical production equipment, the company plans to...
Zibo Qixiang Tengda Chemical (002408.SZ): Partial device inspection and modification.
Zibo Qixiang Tengda Chemical (002408.SZ) announced that in accordance with the requirements of the operational cycle of chemical production facilities, the company plans to carry out maintenance on its 0.3 million tons/year epichlorohydrin facility and supporting facilities starting from August 10, 2024, and the maintenance period is expected to be about 60 days. At the same time, partial process upgrades will be carried out on the 0.7 million tons/year propane dehydrogenation unit, which will help further improve the operation efficiency of the propane dehydrogenation unit. The transformation is expected to take around 60 days to complete.
Zibo Qixiang Tengda Chemical Co. Ltd. (002408.SZ): has repurchased 0.75% of shares.
On August 1st, Gelonhui reported that Zibo Qixiang Tengda Chemical (002408.SZ) announced that as of July 31, 2024, the company has cumulatively repurchased 21,265,680 shares of the company through the Shenzhen Stock Exchange trading system using the centralized bidding trading method (among which the number of repurchased shares has decreased by 12,267 due to the priority use of repurchased shares for convertible bonds), accounting for 0.75% of the total share capital of the company. The highest fill price was 5.85 yuan/share, the lowest fill price was 4.85 yuan/share, and the total amount of the transaction was RMB 0.112 billion (excluding transaction fees).
Zibo Qixiang Tengda Chemical (002408.SZ): Currently, the main project under construction is a 0.2 million ton/year isononyl alcohol plant, which is expected to be completed and put into operation next year.
On July 25th, Gelunhui reported that Zibo Qixiang Tengda Chemical Co., Ltd. (002408.SZ) received a specific investigation on July 24th, 2024. In response to the question of "what are the company's current ongoing projects", the company responded that the main ongoing project is a 0.2 million ton/year isononyl alcohol project, which has already started construction and is expected to be completed and put into operation next year.
Zibo Qixiang Tengda Chemical (002408.SZ): exported 0.265 million tons of products in the first half of the year, a year-on-year increase of 25%.
On July 24, 2024, Zibo Qixiang Tengda Chemical (002408.SZ) received targeted research on the 'export situation of products in the first half of 2024'. The company replied that the export volume of products in the first half of 2024 was 0.265 million tons, a year-on-year increase of 25%, and a foreign exchange increase of 30% year-on-year. The continuous growth of the company's product export volume not only reflects the company's strong competitiveness in the international market, but also enhances the company's profit-making ability through a balanced supply in domestic and foreign markets.
Zibo Qixiang Tengda Chemical (002408.SZ) has a 0.2 million ton/year MMA device, and currently one line of 0.1 million ton/year MMA device is fully loaded for production.
On July 25th, Gelunhui reported that Zibo Qixiang Tengda Chemical (002408.SZ) accepted specific object research on July 24th, 2024, regarding "The downstream application and price trend of MMA?". The company replied that MMA is mainly used in the polymerization and copolymerization fields, and can be made into organic glass by ontology polymerization. It is used in the production of organic glass, high-end paints, high-end displays, and other household appliances, decorative materials, etc. Downstream products of methyl methacrylate, polymethyl methacrylate resin (PMMA) are widely used in various lighting equipment, optical glass, instruments, fiber optics, aircraft cockpit glass, bulletproof glass, and other fields.
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