# 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.

- Type: Acquisition
- Announced: 2026-06-10
- Where: China
- Value: $295.0M (2.11B CNY)
- Status: announced
- 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
- Products: epoxy resin, bisphenol A, PPE, PBT, engineering plastics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Sinochem International](https://endata.com/companies/28738.md) (acquirer)
- [China Bluestar (Group) Co., Ltd.](https://endata.com/companies/46685.md) (partner)
- [Nantong Xingchen Synthetic Materials](https://endata.com/companies/92422.md) (target)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/roll/2026-06-10/doc-iniaxvfm4424988.shtml), 2026-06-10: "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。"
- [plastmatch.com](https://www.plastmatch.com/news/sinochem-international-plans-to-fully-acquire-z1cv4ryg-detail), 2026-06-12: "Sinochem International... planning to issue approximately 600 million shares at a price of 3.51 yuan per share to acquire 100% equity of Nantong Xingchen Synthetic Materials Co., Ltd."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.