Hubei Yihua Group Limited Liability Company is one of the most infusive top ten representative enterprises of petrochemical industry in China. It holds two listed companies, five joint ventures , twenty-six research and development centers and subsidiary entity companies locating in Beijing, Hubei, Hunan, Henan, Yunnan, Chongqing, Guizhou, Sichuan, Inner Mongolia, Xinjiang, Ningxia, and other provinces and in China and also a join venture in vietnam. Yihua focuses on coal chemical industry, phosphorus chemical industry, salt chemical industry, natural gas chemical industry and mine development. These five backbone scopes account for the most of fifty-two products.
The total assets of the Group is 5.4 billion U.S. dollars and its employees sum to 50,000. The turnover of 2008 is 3.9 billion U.S. dollars, of which 200 million U.S. dollars is export amount. The group was awarded ¡°National Outstanding Grass-roots Party Unit¡± and ¡°Excellent Leadership in State-owned Enterprises of China¡±.
Yihua is the largest manufacturing base of pentaerythritol with an annual output of 110,000 tons. It covers 80% of the Chinese domestic market. Yihua succeeded in developing fine chemical products of di-pentaerythritol, TMP and di-TMP.
Yihua is the biggest well-salt enterprise in Asia, with a productive capacity of 2,000,000 tons of vacuum-process salt per year.
Yihua is the biggest manufacturer of chemical fertilizer, producing 10,000,000 tons of urea,2,000,000 tons of ammonium chloride,1,000,000 tons of NPK,500£¬000 tons of MAP,500,000 tons of ammonium bicarbonate and 300,000 tons of ammonium nitrate per year.
Yihua is also China¡¯s biggest united-alkali-process enterprise, with an annual productive capacity of 2,000,000 tons of calcined soda. In addition, it produces 300,000 tons of PVC and 200,000 tons of caustic soda.
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