| Chemicals Industry | Materials Sector | Si Qiang Chen CEO | OTC PINK Exchange | 64758A107 CUSIP |
| CN Country | 1,200 Employees | - Last Dividend | 7 Mar 2006 Last Split | - IPO Date |
Founded in 2003 and based in Xinyang, the People's Republic of China, New Oriental Energy & Chemical Corp. is a company committed to manufacturing and distributing an array of fertilizer and chemical products. Operating with its subsidiaries, the company's primary market is within the People's Republic of China, where it is a significant player in providing essential chemical and fertilizer products. New Oriental Energy & Chemical Corp. has built a robust distribution network, primarily through regional distributors, catering to the needs of various industries including chemical, pharmaceutical, light, and textile sectors. The core of its operations revolves around the production of coal-based chemicals and urea, responding to the growing demand for both agricultural and industrial chemical products in the domestic market.
The company manufactures urea and other coal-based chemicals such as ammonium bicarbonate and liquid ammonia. These are crucial for the production of nitrogenous fertilizers, supporting the agricultural sector by providing essential nutrients for crops. Moreover, they serve as raw materials for a variety of chemical products, highlighting the company's pivotal role in the chemical supply chain.
Methanol, produced by New Oriental Energy & Chemical Corp., finds its application across a wide spectrum of industries. It is used in the production of medicines, reflecting the company's contribution to healthcare and pharmaceuticals. Additionally, methanol serves as a raw material for pesticides, dyes, plastics, synthetic proteins, fibers, and formaldehydes, demonstrating its versatility. It is also utilized in creating methyl ether, which further emphasizes the compound's utility in different sectors, including as a component of new fuel types, spotlighting the company's innovation in energy solutions.
As a multifaceted chemical, dimethyl ether offered by the company is used as an additive for liquefied petroleum gas (LPG), enhancing its efficiency and utility. It also acts as a non-industrial fuel substitute to LPG for residential and automotive uses, showcasing the company's engagement in alternative energy solutions. As a refrigerant, it finds application in refrigerators and air conditioners, contributing to the consumer electronics and household appliances industry. Furthermore, dimethyl ether is a chemical feedstock for producing acetic acid, acetate, and hydrocyanic acid, as well as being involved in the production of pesticides and cosmetics. This wide range of applications, including in everyday products such as detergents and hair gel, underscores the company's integral role in both industrial and consumer product markets.