- CEO
- Guo Xian Su
- Full Time Employees
- 1,043
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Jishan Economic and Technological Development Zone Yuncheng SX China 043205
- IPO Date
- May 6, 2015
- Business
- Shanxi Yongdong Chemistry Industry Co., Ltd. is a China-based company principally engaged in the research, development, manufacture, and sale of carbon black products and coal chemical products. The company's core product portfolio includes various specifications of carbon black such as tire carbon black, conductive carbon black, pigment carbon black, channel black, furnace black, and high-dispersion low-resistivity conductive carbon black. It also produces fine coal tar processing products including industrial naphthalene, light oil, wash oil, phenol salt, and other related chemical products. The company serves a broad customer base, prominently including well-known tire manufacturers such as Bridgestone, Sumitomo, Hankook, Sailun, Goodyear, and others, highlighting its strong position in the tire and rubber industry. Shanxi Yongdong Chemistry Industry operates primarily in China with headquarters located in Yuncheng City, Shanxi Province. Founded in 2000, the company is recognized as a high-technology enterprise with certifications for advanced energy saving, emission reduction, and innovation in resource utilization.
In the recent 1-2 years, Shanxi Yongdong Chemistry Industry has maintained full utilization of its carbon black production capacity, reported at 0.34 million tons annually, and has continuously enhanced product quality and customer expansion, especially in conductive carbon black for applications in wire and cable shielding. The company announced the issuance of up to 365 million yuan in shares in 2025 to support growth and operational expansions. Financially, it achieved a significant turnaround with net income growth, reporting over 82 million yuan net income for the first three quarters of 2024, reflecting a 38.43% year-on-year increase despite a slight revenue decline. Shareholding adjustments by its controlling shareholder have been noted, reflecting ongoing capital management strategies. Shanxi Yongdong actively underscores sustainable and recyclable industrial practices by integrating coal tar production with tail gas electricity generation to foster environmental responsibility. The company remains focused on expanding its customer base and improving product quality to capitalize on new business opportunities in the carbon black and coal chemical segments.