The company with the largest BDO production capacity in China, or will it be listed?

Biodegradable Materials Research Institute reported that on the evening of January 16, Zhongtai Chemical (002092) announced that it plans to plan major asset restructuring matters, and the company plans to issue shares and convertible corporate bonds to purchase Xinjiang Zhongtai (Group) Co.

Zhongtai Chemical has been suspended since the opening of the market on January 17, and is expected to last no more than 10 trading days

A mentoring agreement has been signed, and Markor Chemical will be listed?

After the reorganization announcement on the evening of January 16 was released, many investors expressed "regret shipping", "is there no chance to get on the bus", and even asserted that Zhongtai Chemical will usher in several daily limit

On the one hand, there is news that Markor Chemical may be listed

However, Markor Chemical has twice succumbed to the IPO

Less than three months later, in June 2013, Markor Chemical moved to the main board of the Shanghai Stock Exchange to submit IPO application materials.

On the other hand, it is the performance of Markor Chemical

Zhongtai Chemical acquires shares of Markor Chemical for the second time

According to public information, Zhongtai Chemical entered the capital market in 2006 and is located in Urumqi, Xinjiang.

In fact, this is the second time that Zhongtai Chemical has acquired the equity of Markor Chemical

Established in July 2004, Meike Chemical is mainly engaged in the research and development, production and sales of 1,4-butanediol, methanol, formaldehyde, tetrahydrofuran and n-butanol

On January 12, Zhongtai Chemical revealed on the interactive platform that the company currently holds 24.

Calcium carbide-BDO-PBAT industrial chain extension layout

The 750,000-ton/year calcium carbide production capacity under construction by Zhongtai Chemical is expected to be put into operation in August 2022.

Markor Chemical will add 100,000 tons/year of BDO production capacity in 2022; at the same time, the PBAT production capacity will be 60,000 tons/year under construction, which can effectively extend the industrial chain after completion

Bank Securities believes that Zhongtai Chemical has great development potential and room for growth in the calcium carbide, BDO, and PBAT industrial chains.