- Business
- Jiutian Chemical Group Limited, incorporated in Singapore in 2004 and listed on the SGX Catalist (C8R), is an investment holding company that manufactures and sells fine chemical products primarily in the People's Republic of China, with operations based predominantly in Henan province and sales extending to surrounding regions including Hebei, Shaanxi, Shanxi, Hubei, Shandong, Jiangsu, Anhui, and the Yangtze Delta area of Jiangsu and Zhejiang. The Group produces dimethylformamide (DMF) as its main product with an annual capacity of 150,000 tons through its wholly-owned subsidiary Anyang Jiutian Fine Chemical Co., Ltd.; methylamine as a secondary product and key feedstock for DMF with capacity supporting up to 250,000 tons; and, through its 49%-owned associate Anyang Jiulong Chemical Co., Ltd. (jointly held with Henan Energy and Chemical Industry Group Co., Ltd.), dimethylacetamide (DMAC), industrial steam, and electricity. It also engages in the processing and sale of consumable carbon dioxide and oxygen-18 and deuterium-depleted water, serving industries such as polyurethane production, pharmaceuticals, agrochemicals, electronics, acrylic fibres, petrochemicals, synthetic resins, leather-making, and food preservation; the Group's headquarters is located at 350 Orchard Road, #21-03 Shaw House, Singapore. Recent developments include the pursuit of business diversification through a proposed Synthetic Ammonia Project and Urea Production Facility lease, with a second extension of the long-stop date announced in March 2025 and ongoing efforts to secure financing, approvals, and construction preparatory work by Anyang Jiutian; multiple board reconstitutions and appointments of new non-executive independent directors including Messrs. Wang Zilong, Wang Hongli, Wong Gang, and Lim Kian Thong in April 2024 alongside retirements of prior directors; a strategic restructuring announcement involving controlling shareholders in September 2025; changes in company secretaries including a resignation in June 2024 and a new appointment in March 2025; and the commencement of members' voluntary winding-up processes for certain associated and dormant subsidiaries in 2024.