- CEO
- Si Qiang Chen
- Full Time Employees
- 1,200
- Sector
- Basic Materials
- Industry
- Agricultural Inputs
- Address
- Xicheng Industrial Zone of Luoshan Xinyang People's Republic of China 464200
- IPO Date
- Sep 22, 2005
- Business
- New Oriental Energy & Chemical Corp. (NOEC) manufactures and distributes fertilizers and coal-based chemical products primarily in the People's Republic of China. The company produces urea for use as a nitrogenous fertilizer in crops and as a raw material in resin, plastic, and medicine manufacturing; ammonium bicarbonate and liquid ammonia for fertilizers and chemical production; methanol for medicines, pesticides, dyes, plastics, synthetic proteins, fibers, formaldehydes, methyl ether, and new fuels; and dimethyl ether (DME) for pesticides, cosmetics, and refrigerants. Through its wholly owned subsidiary Henan Jinding Chemical Co., Ltd., NOEC operates production facilities with annual capacities of 150,000 tons each for ammonia and urea, 60,000 tons for ammonium bicarbonate, 100,000 tons for methanol, and 150,000 tons for DME, targeting agricultural and industrial customers in China. Founded in 2004 and headquartered in Xicheng Industrial Zone of Luoshan, Xinyang, Henan Province, China, the company focuses on coal-to-chemicals processes sharing integrated manufacturing systems for its fertilizer and fuel segments. No major acquisitions, partnerships, funding rounds, new product launches, or strategic expansions have been reported in the last 1-2 years, with recent financials showing trailing twelve-month revenue of US$25.79 million amid operational challenges.