chinas sunsine expanding rubber accelerator capacity in thailand
China's-Sunsine-expanding-rubber-accelerator-capacity
SHANDONG, China—Chinese rubber chemicals producer China Sunsine Chemical Holdings Ltd. has received government approval to begin trial runs at an expansion project in the Shandong. Subsidiary Shandong Sunsine Chemical Co. Ltd is completing project, which has a capacity of 30,000 metric tons per ...
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China Sunsine to acquire land in Shandong for $505 mil
SINGAPORE (Mar 13): China Sunsine Chemical Holdings says its subsidiary, Shandong Sunsine, has agreed to invest up to RMB2.5 billion ($505 million) on a piece of land in Shanxian county, Shandong, to further expand its capacities in rubber chemical products.
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China Sunsine Chemical Holdings - CGS-CIMB Research 2019
We understand that the planned 20kt rubber accelerator capacity expansion will be delayed to 1H20F (original schedule: 2H19) due to near-term weakness in downstream demand. Separately, Sunsine has been granted a piece of 680 mu land in Shanxian Chemical Zone for further development (price to be determined through open tender) by the local government.
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CHINA SUNSINE: Targeting bigger share of rubber chemicals
China Sunsine has already embarked on expanding its 87,000-tonne rubber accelerator capacity. A newly-completed 10,000-tonne TBBS (a high grade rubber accelerator) line is awaiting government approval for the start of trial production. If everything goes well, another two lines of 10,000 tonnes each will be added. There are concerns that China Sunsine is overdoing things by adding 30,000 tonnes to its existing 25,000-tonne TBBS capacity.
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Tong's Portfolio's China Sunsine Chemical started at 'add
SINGAPORE (Jan 22): CIMB is starting coverage of China Sunsine Chemical with "add" and target price of $1.50 given the China largest rubber accelerator manufacturer is riding on the trend of industry consolidation and expanding its capacity. China Sunsine is also one the recommended stocks in Tong's Value Investing Portfoiio.
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Shandong Sunsine Changes its Legal Representative
Listed on SGX-ST on 5 July 2007, China Sunsine Chemical Holdings Ltd. (“China Sunsine”) is a leading specialty chemical producer selling rubber accelerators, insoluble sulphur and anti - oxidant and other vulcanising agents. It is the largest rubber accelerator producer in the world and biggest insoluble sulphur producer in the PRC .
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China Sunsine Chemical Holdings - CGS-CIMB Research 2019
However, China Sunsine is already operating near full capacity, and we understand that the planned 20kt rubber accelerator capacity expansion will be delayed to 1H20F (original schedule: 2H19) due to near-term weakness in downstream demand. We believe further earnings improvement will have to stem from ASP recovery.
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CHINA SUNSINE: How it has risen to the top -- and what's ahead
Sunsine’s global RA market share of 20% in 2018 (7% in 2008) is set to grow with the new 30,000-tonne TBBS capacity and more expansion. Research & development For its track record in R&D, Sunsine was granted the high-tech status conferring on it the 15% preferential tax rate in 2017.
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China Sunsine rising with steady tyre demand, Companies
ESTABLISHED BRAND. Global peers in the rubber accelerator segment include Tianjin Kemai, with an annual capacity of 51,000 tonnes, and Yanggu Huatai, with an annual capacity of 30,000 tonnes. This compares with China Sunsine's annual capacity of 87,000 tonnes.
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CHINA SUNSINE: Affected by US-China trade war?
China Sunsine ($1.37) is up 52% in the year-to-date but down 16% since mid-June 2018. China Sunsine, which is listed on the Singapore Exchange, is the world's biggest rubber accelerator producer – it accounts for one-fifth of global output.
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China's-Sunsine-expanding-rubber-accelerator-capacity
Sunsine added that it conducting trial runs of an IS expansion project that has a capacity of 10,000 tons per year, but did not elaborate further on the location of new plant. Listed on SGX-ST (Singapore Stock Exchange), Sunsine produces rubber accelerators, insoluble sulphur, other vulcanizing agents and antioxidants.
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China’s Sunsine expanding rubber accelerator capacity
Sunsine asserts that it is the world’s largest accelerator manufacturer as well as China’s biggest producer of insoluble sulphur (IS) – used in the rubber industry to avoid blooming in high-temperature mixing. Sunsine added that it is trial running a 10ktpa IS expansion project but did not elaborate further on the location of new plant.
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CHINA SUNSINE: Targeting bigger share of rubber chemicals
China Sunsine has already embarked on expanding its 87,000-tonne rubber accelerator capacity. A newly-completed 10,000-tonne TBBS (a high grade rubber accelerator) line is awaiting government approval for the start of trial production. If everything goes well, another two lines of 10,000 tonnes each will be added. There are concerns that China Sunsine is overdoing things by adding 30,000 tonnes to its existing 25,000-tonne TBBS capacity.
Send Inquiry
CHINA SUNSINE: How it has risen to the top -- and what's ahead
Sunsine’s global RA market share of 20% in 2018 (7% in 2008) is set to grow with the new 30,000-tonne TBBS capacity and more expansion. Research & development For its track record in R&D, Sunsine was granted the high-tech status conferring on it the 15% preferential tax rate in 2017.
Send Inquiry
China Sunsine is Expanding its Capacities
Completion of Expansion of Accelerator MBTS facility Weifang Sunsine has completed its expansion of another 4,000-ton per annum MBTS facility at a cost of approximately RMB3.5 million. This brings its total capacity to 16,000-ton MBTS per annum. Building up Accelerator DCBS capacity Shandong Sunsine is also expanding its accelerator DCBS facility. Shandong Sunsine
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China Sunsine to acquire land in Shandong for $505 mil
SINGAPORE (Mar 13): China Sunsine Chemical Holdings says its subsidiary, Shandong Sunsine, has agreed to invest up to RMB2.5 billion ($505 million) on a piece of land in Shanxian county, Shandong, to further expand its capacities in rubber chemical products.
Send Inquiry
China Sunsine rising with steady tyre demand, Companies
Global peers in the rubber accelerator segment include Tianjin Kemai, with an annual capacity of 51,000 tonnes, and Yanggu Huatai, with an annual capacity of 30,000 tonnes. This compares with China...
Send InquiryChina Sunsine – Expanding market share | Victor Portfolio
China Sunsine is one of the largest in its field, and it is set to grow its market share. Consider that the Chinese government is clamping down on highly-pollutive rubber accelerator plants, Sunsine has been investing heavily into its plants to ensure they meet, if not exceed, existing standards.
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