Binhu Chemical Group Submits Application to HKEX, Maintains Leading Position in Chlor-Alkali Chemical Industry
According to the Hong Kong Stock Exchange disclosure,Binhua GroupBinhu Chemical Co., Ltd. (abbreviated as "Binhu Group") has submitted a listing application to the main board of the Hong Kong Stock Exchange, with Huatai International and CCB International as its joint sponsors. According to the prospectus, Binhu Group maintains a leading position in the chlor-alkali chemicals industry, while achieving rapid growth in the petrochemical C3 and C4 products and wet electronic chemicals fields. The prospectus shows that Binhu Group is a domestically leading comprehensive chemical group driven by technological innovation and green low-carbon principles. The company was founded in 1968 and has been deeply involved in the chemical industry for over 50 years. Binhu Group's business areas include three core segments: chlor-alkali chemicals, C3 and C4 chemicals, and wet electronic chemicals, and it possesses a comprehensive product portfolio. Core products include caustic soda,Propylene oxideAs of 2024 revenue, Binhu Chemical Group is the largest producer of granular caustic soda and other products in China; as of June 30, 2025, it is the largest private producer of propylene oxide in China by production capacity. By June 30, 2025, it has three manufacturing bases, over 2,500 employees, and a high utilization rate of production units. The company is also one of the few domestic manufacturers capable of producing electronic-grade hydrofluoric acid used in advanced semiconductor processes.
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