What is the main business of chemical companies?
The main business scope of chemical companies covers the production of chemical products, technology research and de velopment, trade, and related services, which can be classified into the following five categories:
1、 Manufacturing of basic and specialized chemicals
Production of basic chemical raw materials
Including inorganic/organic chemical raw materials (such as potassium hydroxide, hydrochloric acid, liquid chlorine, etc.), industrial gases (liquid oxygen, liquid nitrogen) and derivatives, such as Guizhou Kaiyang Chemical Co., Ltd. producing basic chemical products such as synthetic ammonia and liquid carbon dioxide.
Specialty Chemicals and Fine Chemicals
Involving pesticide active ingredients (such as herbicides, fungicides), pharmaceutical intermediates, special materials, etc., for example, Lier Chemical mainly deals with pesticide active ingredients and formulations, while Jiahua Chemical focuses on downstream derived specialty chemicals of ethylene oxide.
2、 Chemical product processing and modification
Mixing and preparation: processing of coatings, inks, resins (polyvinyl chloride, etc.).
Performance optimization: Improve product stability through chemical modification, such as coal processing into activated carbon (Shaanxi Coal Group Yulin Chemical).
3、 Chemical product trade and logistics
Sales channels
Wholesale and retail of self-produced or purchased chemicals (such as fertilizers, sulfur).
Import and export trade involves cross-border transactions of raw materials (petroleum, minerals) and finished products.
Supporting services
Including hazardous chemical storage, general cargo transportation, etc., such as Shaanxi Coal Group providing road freight and warehousing services.
4、 Technology research and development and environmental protection services
Innovative research and development: such as carbon capture technology and green chemical processes (sustainable development projects in chemical optimization).
Environmental Protection and Circular Economy: Comprehensive Utilization of Waste, Clean Energy Technology (Green Recycling of Potassium Hydroxide).
5、 Diversified extended business
Engineering and Technical Services: ChemChina provides comprehensive chemical engineering solutions.
Energy and Public Utilities: Some enterprises also engage in power generation and heating (such as Shaanxi Coal Group's cooling services).
Summary: The core business of chemical companies revolves around the "production processing sales research and development" chain, while extending towards greenization and specialization in line with industry trends. The specific business scope needs to be adjusted according to the enterprise qualifications (such as hazardous chemical permits) and regional regulations.