Shanghai Huayi Group Corp. Ltd. (600623)

Overview

Shanghai Huayi Group Corporation Limited is a prominent chemical company located in Shanghai, China, founded in 1997. Originally known as Double Coin Holdings Ltd., the company has transformed and expanded its operations to become a leading player in the chemical industry within China. Shanghai Huayi Group Corporation Limited is dedicated to providing a wide array of chemical products and related services to various industries including chemical, pharmaceutical, and others. It not only produces key chemical ingredients but also offers comprehensive support services encompassing utilities like water and electricity, and logistics facilities for hazardous chemicals, showcasing its integrated approach to serving the industrial sector.

Products and Services

Methanol, Acetic Acid, Carbon Monoxide, Synthesis Gas and Sulfuric Acid: These basic chemicals are essential for a variety of applications in numerous industries, including manufacturing and pharmaceuticals. Shanghai Huayi Group supplies these crucial materials, underscoring its role as a foundational supplier in the chemical industry landscape.

Air Separation Products: The company produces gases vital for industrial processes, including oxygen, nitrogen, and argon, catering to the demands of industries ranging from metal processing to healthcare.

Support Services for Water, Electricity, Steam, and Public Works: Beyond chemicals, Shanghai Huayi Group offers essential utilities and services supporting the operational needs of industrial players, including the provision of water, electricity, and steam.

Logistics for Dangerous Chemical Goods: Specializing in the safe transport and handling of hazardous materials, the company provides dedicated railway lines, terminals, and vehicles designed for dangerous goods, ensuring safety and compliance in the chemical sector.

Caustic Soda and PVC Products (Shenfeng Brand): Under the Shenfeng brand, the company manufactures caustic soda and polyvinyl chloride (PVC) products, widely used in various applications from manufacturing to construction.

Tires (All-Steel Radial Truck, Light Truck, and Passenger): Expanding its portfolio, Shanghai Huayi Group also produces high-quality tires for trucks and passenger vehicles, highlighting its diversification into automotive products.

Acrylic Products (Yaxing Brand): Offering a range of acrylic-based products like ice crystal acrylic acid and butyl acrylate under the Yaxing brand, these materials serve as crucial components in coatings, textiles, and light industries among others.