Tangshan Kerun Chemicals Co., Ltd. is renewed from the original Tangshan Fengrun Petroleum Resin Factory and Tangshan Fengrun New Star Petroleum Resin Factory. Our company has been a large private company producing petroleum resin products after three years' development. Our company covers an area of about ten hectares with construction area of 4,217 square meters. Our registered capital was 10 million RMB and up to Oct. of 2007, our total assets have reached 47.85 million RMB, including 21.32 million RMB of fixed assets and 21.52 million RMB of circulating assets. We have 42.84 million RMB of net assets. There are 137 employees and 90% of them are senior management talents and scholars with bachelor degrees. Through the reform and integration of the enterprise, adjustment of product structures and successful start-up of new projects, we now possess three main production lines with 36 sorts of products. Our annual output is 11000MT of C9 petroleum resin, 6000MT of C5 petroleum resin, 12500MT of solvent oil and 2500MT of dicyclopentadiene. We focus on technological innovation and use updated technology, including thermal poly technology of C9 petroleum resin and modified rosin resin as well as isolated synthetic technology of C5 petroleum resin. By means of perfecting product structures, expanding production capacity and upgrading product quality, the core competitiveness of our company has been drastically enhanced, thus our advantage of typical position in domestic industry is firmly consolidated.High quality products are guaranteed with the solid support of our advanced technology, perfect laboratory equipment, and up to date techniques. After three years' development, our products with brand names of "Xinyu" and "Kerun" sell well in domestic market and are exported to more than twenty countries and regions, such as the USA, Germany, the Philippines and Australia. Our annual sales volume is 22.5 million US *s.
