We explore bromine and manufacture our bromine and crude salt products in eight facilities in Shandong province through our subsidiary Shouguang City Hao Yuan Chemical Industry Co., Ltd. (SCHC). Our current installation includes approximately 4,000 wells, bringing our bromine production capacity to an estimated 43,300 tons annually.

 

We produce specialty chemical products for oil and gas exploration, papermaking, agricultural applications and pharmaceutical intermediates through our subsidiary Shouguang Yu Xin Chemical Industry Co., Ltd. (SYCI). We manufacture our chemical products using three production lines. One production line focuses on environmentally friendly additive products, such as solid lubricants and polyether lubricants, for use in oil and gas exploration.

In 2009, we upgraded our pesticide intermediate production line to manufacture more sophisticated chemicals.  We also plan to open a waste water treatment intermediate chemical production line in the second half of 2010. The planned waste water treatment intermediates use bromine in their formulation, allowing us to utilize our bromine assets for internal production. We also engage in research and development of pharmaceutical intermediates which will utilize bromine in their formulation.