FUZHOU YIHUA CHEMICALS CO LTD.

Company Description

FUZHOU YIHUA CHEMICALS CO LTD. (abbreviated as FYC hereafter) is an enterprise with individual proprietorship. Its predecessor was government-owned FUZHOU NO.1 CHEMICAL FACTORY, which was a medium sized, first class chemical enterprise. FYC is one of the &＃39;100 Backbone Enterprises of Fujian&＃39; and the biggest chlorate-producing enterprise in Asia.After more than 40 years of arduous work and persistent effort, FYC has achieved magnificent success and reached the most competitive position among the profession in China. Here are some examples. The production volume of sodium chlorate, potassium perchlorate stands number in FUZHOU YIHUA CHEMICALS CO LTD. county. The production volume of its major products, potassium chlorate, stands number one in the world. It is the first enterprise in the profession nationwide to equip its own hydraulic power stations for production of highly energy-consuming chlorate products. The general technological level of its production facilities is the most advanced among all enterprises in the profession nationwide. Its product, potassium chlorate, wins the "National Silver Award", which is the highest class of awards on product quality; and is also honored the title of "Product to the Satisfaction of Consumers Nationwide". FYC is one of the largest enterprises producing blowing agent ADC in China. It has developed and transferred to the whole country its most advanced technology for blowing agent ADC production. With help of leading advanced technology and superior quality, FYC has continuously developed series of new products that meet the needs by newborn industries. During the period of &＃39;the 8th 5 years plan&＃39;, FYC was ranked for two consecutive years as one of the &＃39;500 Industrial Enterprises Making Highest Profit&＃39;. During the period of the China&＃39;s &＃39;9th 5 years plan&＃39;, FYC has invested a total of ¥700 millions to construct three production bases respectively in Yongtai County (a subsidiary company), Pingnan County (Fujian RongPing Cooperative Chemical Factory) and Nanping city (Fujian RongChang Chemical Co Ltd.). FYC has now owned in these areas five hydraulic power stations with total capacity of 74 megawatt. This optimization of its resources establishes solid foundation for the development of the highly energy-consuming electrochemical products and help FYC to become more competitive on international market and to enormously expand its export volume with year. "Being number one" is always our pursuit. With this spirit of enterprise, FYC has with full confidence designed and drawn the blueprint for its development in the 10th 5 years plan. It is now actively involved in furthering the enterprise innovation and in exploiting and developing, so as to accomplish the enterprise&＃39;s target in the new round of undertaking.The annual production volume of FYC&＃39;s major products are as follows: &＃39;Rongshu Brand&＃39; sodium chlorate, 55 thousand tons; potassium chlorate, 20 thousand tons; potassium perchlorate, 12 thousand tons; blowing agent ADC, 10 thousand tons; hydrogen peroxide, 40thousand tons.