Dongyue Group Limited Has Silicon Opportunities According to BAC Company Report13 Feb 2012 • by Natalie Aster
LONDON – Dongyue Group is a modern Chinese chemical manufacturer having strong financial background and bright future. One of its operating segments, silicon materials, seems to be very prospective in terms of product diversification. For now the segment mainly produces DMC or D4 – organic silicon compounds used in further silicon processing. Therefore Dongyue produces intermediate materials, while it has financial resources to expand the business on finished silicon products (oils, rubber, resins).
Global silicon market is forecasted to pass USD 17 B point by 2017, as consuming markets (automotive, aviation, military, healthcare, among others) increase their demand. Organic silicon is a material of choice due to its health and environmental safety, biocompatibility, stability, high performance, bacterial resistance. Rising health and safety concerns force companies cut solvent-based products consumption and turn to silicon materials (especially thermal-curing silicones). Developed markets now use about 75% of silicone coatings, and emerging markets also shift to this technology. Rapid growth in demand from countries like China and India alone will require significant increase in silicon production capacities. Dongyue has a remarkable opportunity to expand its business in the coming years.
Dongyue Group financial has been very strong recently. H1 2011 results show revenue and net income increase of 115.3% and 416.5% comparing to the same period of 2010, respectively; the indices reached CNY 5579.1 M and CNY 1415.8 M. Annual trends reveal 68.3% and 344% growth in revenue and net income from 2009 results; in 2010 they amounted to CNY 5964 M and CNY 733.9 M, respectively. Dongyue is well-positioned on the market and has a solid strategy to pursue further business expansion.
Founded in 1983 and headquartered in Zibo City (China), Dongyue Group Limited is the leader of Dongyue International Fluorine & silicon Material Industry Park, the first Chinese fluoromaterials base. Dongyue operates four departments: Shandong Dongyue Polymer Material, Shandong Dongyue Chemical, Shandong Dongyue Fluorine & Silicon Material, Shandong Dongyue silicon material. The Group also has a R&D center located in the Park. Dongyue Group Limited is a public enterprise registered at Hong Kong Stock Exchange under the ticker 189.
All the information on the company’s business, weak and strong points, financial review, and more can be found in the report "Dongyue Group Limited Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis" recently published by Market Publishers Ltd.
Title: Dongyue Group Limited Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Feb, 2012
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