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Sinochem International (SHSE:600500 Shareholders Incur Further Losses as Stock Declines 3.7% This Week, Taking Three-year Losses to 49%
Sinochem International Corporation (600500.SH): Currently, the company's 5,500 tons/year meta-aramid production line is running at high capacity.
On December 12, Glonghui reported that Sinochem International Corporation (600500.SH) stated on the investor interaction platform that in recent years, the company has continuously focused on the core business of Chemical New Materials, driven by technological innovation, and has put emphasis on building the core Industry Chain of epoxy Resin, polymer additives, engineering Plastics, and specialty fibers. Currently, the company’s 5,500 tons/year para-aramid production line is running at high capacity, and the market coverage rate of high-strength and high-modulus products is gradually increasing, while the construction of a 2,500 tons/year para-aramid expansion project is being promoted in an orderly manner as planned. Currently, the quality and process technology of the company's ordinary, high-strength, and high-modulus products have reached an internationally advanced level and have entered all.
Sinochem International Corporation (600500.SH): This year, the company has launched epoxy Resin for hydrogen storage cylinders to meet the technical needs of hydrogen Fuel Cell Autos.
On December 12, Gelonghui reported that Sinochem International Corporation (600500.SH) stated on the investor interaction platform that the company's Resin Business focuses on upgrading the product structure of epoxy resin and customer solutions, continuously enhancing the development and sales efforts of specialty resin to meet the diverse needs of customers. This year, the company has aligned with the technological requirements of hydrogen Fuel Cell Energy Autos and launched epoxy resin for hydrogen storage cylinders, while also accelerating the development of system materials for wind power, and is currently collaborating with leading downstream manufacturers.
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