Jun 10, 2026ACQUISITIONChina Sinochem International to acquire Nantong Xingchen for CNY 2.11 billion
Sinochem International announced it will acquire 100% of Nantong Xingchen Synthetic Materials from China Bluestar Group for CNY 2.11 billion via a share issuance. The deal will make Nantong Xingchen a wholly owned subsidiary, enhancing Sinochem's epoxy resin and engineering plastics capabilities.
Capacity
510,000 tonnes per year of epoxy resin; 150,000 tonnes per year of bisphenol A; 72,000 tonnes per year of PBT; 50,000 tonnes per year of PPE
Productsepoxy resinbisphenol APPEPBTengineering plastics
“本次交易完成后，中化国际将持有南通星辰100%股权，进一步增强环氧树脂竞争力和发挥工程塑料产业链的协同。”finance.sina.com.cn
- 2 sources
- finance.sina.com.cn中化国际拟21.1亿元收购南通星辰_新浪财经_新浪网Jun 10, 2026
- plastmatch.comSinochem International Plans to Fully Acquire Nantong Xingchen for 2.11 Billion Yuan, Securing Its Position in China’s Top Tier With 510,000 Tons of Epoxy Resin Production Capacity | Plastmatch NewsPlastmatchJun 12, 2026
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