China BlueChemical Ltd. (CBLUF) engages in the processing of natural gas and the development, production, and sale of chemical fertilizers and chemical products in China and internationally. The company operates through Urea; Phosphorus and Compound Fertiliser; Methanol; Acrylonitrile; and Others segments, offering urea; methanol; phosphorus fertilizers including mono-ammonium phosphate (MAP) and di-ammonium phosphate (DAP); compound fertilizers; acrylonitrile and related products; bulk blending fertilizers; polyoxymethylene; woven plastic bags; methyl methacrylate; and phosphorus ore. It also provides port operations; transportation and overseas shipping services; trading of fertilizers, chemicals, coal, and coal products; and coal mining.
Founded in 2000 and headquartered in Beijing, China, China BlueChemical Ltd. is a subsidiary of China National Offshore Oil Corporation (CNOOC) with production facilities primarily in China, including major capacities of 1,840,000 tonnes of urea, 500,000 tonnes of phosphate fertilizers, and 1,600,000 tonnes of methanol annually. The company serves agricultural and industrial customers as one of China's largest producers of nitrogenous fertilizers and methanol by volume and energy efficiency, focusing on mineral fertilizers and chemical products across domestic and select international markets.
In recent developments, China BlueChemical Ltd. reported 2024 revenue of RMB11.946 billion and net profit attributable to owners of RMB1.071 billion, with strategic plans for 2025 emphasizing positioning as a "Plant Nutrition Solution Provider"; building a new chemical materials system based on carbon-rich gas, biomass, and phosphorus resources; and exploring overseas natural gas utilization projects. A syngas production project, developed in collaboration with BASF, achieved mechanical completion ahead of schedule in 2024 and conducted successful joint trial operations to support green conversion of South China Sea carbon-rich natural gas. The company continues to advance clean energy substitutions, equipment upgrades, and new fertilizer categories for reduced usage while deepening brand synergy.