Sinochem International

Sinochem International completed the acquisition of 100% of Jiangsu Fubia Chemical Co., Ltd. and its subsidiary Qingdao Fuslin Chemical Technology Co., Ltd. on August 26, 2021, entering the plastic additives business. Fubia produces light stabilizers, UV absorbers, flame retardants, and other additives.

Sinochem International's Lightweight Materials BU is presenting a new compounding plant in Yangzhou (Yizheng) Chemical Industrial Park, with production planned to start by end of 2021 at 24,000 tons/year, later expanding to 56,000 tons/year.

Wuhu Conch Venture Environmental Protection, a subsidiary of Conch Venture, signed a joint venture agreement with Sinochem (Zhejiang) Membrane Industry Development, a subsidiary of Sinochem International, to develop co-processing of cement kiln fly ash.

Sinochem International, through a Singaporean unit, will acquire a 75.9% stake in Spain's ELIX Polymers for EUR 144 million from Global Arlington, gaining its ABS and modified plastics technology, with plans to set up plants in eastern China.

Sinochem International announced its intention to acquire 100% stakes in five companies from Sinochem's Chemicals SBU for no more than RMB 1.744 billion, including Sinochem Plastics and others.