Bluestar New Chemical Materials Co., Ltd.
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Bluestar New Chemical Materials Co., Ltd. -
Company Capsule
Reference Code: BR0134CC
Published Date: April 2011
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Bluestar New Chemical Materials Co., Ltd. - Company Page 1
Capsule
Bluestar New Chemical Materials Co., Ltd.
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Bluestar New Chemical Materials Co., Ltd. - Company Overview
Bluestar New Chemical Materials Co., Ltd. (Bluestar) is a China based chemical manufacturing company. The company
manufactures and distributes chemical materials. Bluestar principally manufactures a wide range of chemicals that include
silicone products, epoxy resins, Polybutylene Terephthalate products, bisphenol products and color developers, besides
phenols and acetone. These products find applications mainly in industrial sectors. The company distributes and sells its
chemicals in the domestic Chinese market as well as international markets such as the US, Germany, Australia, China,
Taiwan and Hong Kong, among others. Bluestar operates with four production bases across Jiangxi, Wuxi, Harbin and
Nantong across China. The company is headquartered in Beijing, China.
Financial Performance
The company reported revenue of (Renminbi) CNY 7773.1 million during the fiscal year ended December 2009. The
company's revenue declined at a compounded rate of 0.81% during the period 2007-2009 with a year on year decline of
3.04% over fiscal year 2008. During the fiscal year 2009, its operating margin was -1% as against an operating margin of -
0.33% in fiscal year 2008. During the fiscal year 2009, the company registered a net margin of -2.05% as against a net
margin of -2.16% in the fiscal year 2008.
Bluestar New Chemical Materials Co., Ltd. - Key Facts
Bluestar New Chemical Materials Co., Ltd., Key Facts
19 Bei San Huan East Road,
Ticker Symbol, Stock 600299 (Shanghai Stock
Corporate Address: Beijing, , 100083, China Exchange)
Exchange
Telephone + 86 10 64411094 No. of Employees 10,928
Fax + 86 10 64429425 Financial Year End December
URL www.star-nm.com Revenue (in CNY Million) 7,773.10
Industry Chemicals Revenue (in USD Million) 1,136.42
Australia, China, Hong Kong Special Administrative Region of China, India, Japan, Taiwan,
Locations Germany, United States
Source: Annual Report, Company Website, Primary and Secondary Research
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Bluestar New Chemical Materials Co., Ltd. - Company Capsule Page 2
Bluestar New Chemical Materials Co., Ltd.
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Bluestar New Chemical Materials Co., Ltd. - Major Products and Services
Bluestar New Chemical Materials Co., Ltd. is a chemical manufacturing company. Key products offered by the company
include the following:
Bluestar New Chemical Materials Co., Ltd., Major Products and Services
Products:
Silicone Products:
Silicone Monomers
Silicone Intermediates
Silicone Fluids
Water-Soluble Silicone Fluid
Silicone Resin Product
Epoxy Product:
Bisphenol-A Liquid Epoxy Resin
Bisphenol-A Solid Epoxy Resin
Special Epoxy Resin
Bromine Epoxy
Epoxy Resin Active Diluents
Epoxy Resin Hardener
PBT Product:
PBT Resin
Reinforced Modified PBT Resin
Modified Engineering Plastic Products
Bisphenol-A Product:
Polycarbon Grade Bisphenol-A
Epoxy Grade Bisphenol-A
Color Developers Product:
N, N-Diethyl-1,4-Phenylenediamine Sulfate
3-Methyl-4-Amino-N,N- Diethylaniline Hydrochloride
3-Methyl-4-Amino-N-Ethyl-N-(2-Methanesul Fonamido Ethyl)
Aniline Sesquisulfate(Monohydrate)
3-Methyl-4-Amino-N-Ethyl-N-(2-Hydroxyethyl)Anilinesulfate(Monohydrate)
Phenol Acetone Product:
Phenol
Acetone
Source: Annual Report, Company Website, Primary and Secondary Research
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Bluestar New Chemical Materials Co., Ltd. - Company Capsule Page 3
Bluestar New Chemical Materials Co., Ltd.
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Bluestar New Chemical Materials Co., Ltd. - Key Competitors
The following companies are the major competitors of Bluestar New Chemical Materials Co., Ltd.:
Shenyang Chemical Industry Co., Ltd
Sinopec Shanghai Petrochemical Company Limited
Zhejiang Jiangshan Chemical Co., Ltd.
Kukdo Chemical Co. Ltd.
Shanghai 3F New Materials Company Ltd
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Bluestar New Chemical Materials Co., Ltd. - Company Capsule Page 4
Bluestar New Chemical Materials Co., Ltd.
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Bluestar New Chemical Materials Co., Ltd. - Key Employees
Bluestar New Chemical Materials Co., Ltd., Key Employees
Name Job Title Board Level Since Age
Chonggao Jiao Director Non Executive Board 2008 41
Feng Xinhua Secretary of the Board of Directors Senior Management 2006 33
Guan Wei Li Director Non Executive Board 2008 67
Ji Huang Director Non Executive Board 2008 53
Jibing Yu Chief Financial Officer Senior Management 2005 42
Li Shourong Vice Chairman, General Manager Executive Board 2008 43
Quansheng Meng Director Non Executive Board 2008 67
Sun Yanhong Director Non Executive Board 2008 58
Tao Liu Director Non Executive Board 2008 42
Wang Jianjun Director Non Executive Board 2008 43
Xiaobao Lu Chairman Non Executive Board 2010
Source: Annual Report, Company Website, Primary and Secondary Research
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Bluestar New Chemical Materials Co., Ltd. - Company Capsule Page 5
Bluestar New Chemical Materials Co., Ltd.
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Bluestar New Chemical Materials Co., Ltd. - Locations and Subsidiaries
Head Office
Bluestar New Chemical Materials Co., Ltd.
19 Bei San Huan East Road
Beijing
Zip: 100083
China
Tel: + 86 10 64411094
Fax: + 86 10 64429425
Other Locations & Subsidiaries
Bluestar New Chemical Materials Co., Ltd., Subsidiaries
Synthetic Materials Co., Ltd.
Nantong
China
Source: Annual Report, Company Website, Primary and Secondary Research
Bluestar New Chemical Materials Co., Ltd., Locations
Harbin Branch
Silicone Spark Factory
Harbin