China Sunsine Chemical Holdings Ltd. wholly-owned subsidiary, Shandong Sunsine Chemical Co. has announced expansion in the Southwest of Shandong Province. The company acquired approximately 534,000 m2 of land in Shandong Shanxian Chemical Zone in Shanxian County in the Shandong Province in early March.
Shandong Sunsine is expanding its capacities in Rubber Chemical products and investing up to RMB 2.5 billion in the project, of which RMB 1.5 billion will be invested in property, plant and equipment. The Project will be carried out in phases and will be funded through internal resources.
With the acquisition of the Land, the Group is building up another comprehensive production base to expand its production capabilities, and will further strengthen its market leadership position in the rubber chemicals industry in the world.
As part of improving manufacturing capabilities, China Sunsine achieved ISO9001 standard for quality, ISO14001 standard for environment, and GB/T28001-2001 standard for occupational health and safety management system.
The company distributes its products under its own “Sunsine” brand, a brand which has been accredited as a “Shandong Province Famous Brand”.
Listed at Singapore Stock Exchange (SGX-ST), the flagship China Sunsine Chemical Holdings Ltd. Listed on is a leading specialty chemical producer selling accelerators, anti-oxidant, vulcanising agent and anti-scorching agent. It is the largest producer of rubber accelerators in the world and has become the largest producer of insoluble sulphur in the PRC serving more than 65% of Global Top 75 tire manufacturers, such as Bridgestone, Michelin, Goodyear, Pirelli, Sumitomo, Yokohama, Hankook, Cooper, Kumho Tire as well as PRC Tyre giants such as Hangzhou Zhongce, GITI Tire and Shanghai Double Coin Tyre.