Neochim Plc
BBSEBG:NEOH16.70
EUR
+0.30
(+1.83%)
ISIN
BG11NEDIAT11
Return %
Stock
S&P 500
1Y
67.50
14.20
3Y
23.25
81.12
5Y
42.01
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Full Time Employees
- 690
- Sector
- Process industries
- Industry
- Chemicals: agricultural
- Address
- Dimitrovgrad Bulgaria
- IPO Date
- May 18, 1998
- Website
- neochim.bg
- Similar Companies
- Business
- Neochim Plc is a Bulgaria-based chemical manufacturing company primarily engaged in the production and commercialization of mineral fertilizers, inorganic and organic industrial chemicals, and technical gases. Founded in 1951 and headquartered in Dimitrovgrad, Bulgaria, the company operates integrated production facilities serving agricultural enterprises, industrial manufacturers, chemical processors, and the medical sector across domestic and international markets. The company offers a comprehensive range of products and industrial services organized across several specialized lines: Mineral and Nitrogen Fertilizers, comprising porous and stabilized ammonium nitrate, calcium ammonium nitrate, custom nitrogen-phosphorus-potassium (NPK) compound fertilizers, and liquid nitrogen formulations; Inorganic Chemical Products, including anhydrous synthetic ammonia, technical-grade nitric acid, concentrated nitric acid, sodium nitrate, sodium nitrite, ammonium bicarbonate (ammonium hydrogencarbonate), and aqueous ammonia solutions; Organic Chemical Products and Resins, featuring formalin (formaldehyde solution) and urea-formaldehyde resins utilized in wood-processing, adhesives, and polymer manufacturing; and Industrial and Specialty Gases, encompassing medical- and technical-grade nitrous oxide, liquid and gaseous carbon dioxide, industrial oxygen, and demineralized process water. Complementing its product lines, Neochim Plc provides specialized industrial services, including mechanical equipment fabrication, maintenance and repair of high-pressure chemical apparatus, accredited laboratory chemical analysis, and cargo logistics facilitated by its internal railway transportation infrastructure. Neochim Plc supplies the Bulgarian domestic agricultural and industrial markets, collaborating with distribution partners such as Euro Fert AD, while exporting a substantial share of its output to regional and international markets across South-Eastern Europe, the broader European Union, the Middle East, and the Americas. In recent corporate and strategic developments, Neochim Plc experienced key ownership shifts following the regulatory approval by the Bulgarian Commission for Protection of Competition for Rhea Ventures, an affiliate of Bulgarian fertilizer producer Agropolychim AD, to acquire a 20.3% equity stake in the company. Operationally, Neochim Plc has executed extensive facility modernization programs and planned technical overhauls across its ammonia, nitric acid, and fertilizer synthesis units to optimize natural gas consumption, enhance operational efficiency, and adapt to raw material market dynamics. These strategic and operational optimizations facilitated a substantial operational turnaround, enabling the company to restore positive earnings and resume shareholder dividend distributions.