SP Chemicals Ltd.1is an investment holding company engaged in the provision of consultancy services. The Company, through its subsidiary SP Chemical (Taixing) Co., Ltd., is involved in the manufacture and sale of chemical products. Its products include aniline, caustic soda, chlorine, nitrochlorobenzene, chlorobenzene, nitrobenzene and vinyl chloride monomer for industrial use at its factory in China's eastern Jiangsu province.
Its customers include multinational corporations and state-owned enterprises in various industry segments in the People's Republic of China, such as petrochemicals, textiles, paper, consumer goods, plastic polymers, rubber, dye, pharmaceuticals and metallurgy. SP Chemicals Ltd.2s customers include BASF, The Dow Chemical Company, Tomen Corporation Ltd, Akzo Nobel Chemicals MCA (Taixing) Co, Ltd. and Yantai Wanhua Polyurethanes Co., Ltd.
|Address||15 Beach Road #05-11 Beach Centre Singapore 189677 Singapore|
- September 20, 2008 - SP Chemicals must tackle liquidity3 - THE market has seen its first management buyout attempt in a while. Key management members of SP Chemicals Ltd, including its chief executive officer and chief financial officer, are offering cash of 73 cents a share for all the shares they do not own to delist the company. The company is tightly held, with a free float of still less than 30 per cent some five years after listing.