Steel industry sector

Shanghai Baosteel Chemical Co., Ltd.(Abbreviated to Baosteel Chemical)

It originally was the Chemical Plant of Baoshan General Iron & Steel Works. In 1985 the phase I project of Baosteel Chemical was completed and put into operation. It grew to be a branch under Baosteel Co., Ltd. in May 2005 and resumed independent operation in September 2007, thereby becoming a wholly-owned subsidiary of Baosteel Co., Ltd. In April 2009 Baosteel Chemical was included as one of the diversified businesses by Baosteel Group Corporation and was responsible for the development of coal chemical sector of Baosteel. It has a registered capital of RMB 2.11 billion.

The company boasts production bases such as Shanghai Baoshan, Nanjing Meishan and Suzhou Baohua Carbon Black, in addition to subsidiaries, i.e., Wuhai Baohua Wanchen Coal Chemical Industry Co., Ltd., Zhanjiang Baosteel Chemical Co., Ltd., Nanjing Baoning Chemical Co., Ltd., Sichuan Daxing Baohua Chemical Co.,Ltd., Baosteel Chemical International Trade Co., Ltd. (Zhangjiagang Free Trade Zone), Shanghai Bao Chemical E-commerce Co., Ltd.,
and Southeast Asia Representative Office and other agencies.

By the end of 2015, Baosteel Chemical has an original value of the fixed asset of RMB 9.114 billion and a total asset of RMB 5.344 billion, with a processing capacity of 4.2 billion cubic meters of coke oven gas, 950,000 tons of tar, and 250,000 tons of crude benzene, and a production capacity of 240,000 tons of carbon black. The quality of its needle coke has been further improved and has taken a place in the high-end market. In terms of tar processing capacity, it ranks top internationally and has the potential of developing into a world-class coal chemical enterprise.

The company produces over 50 series of products, including benzene, naphathalene, phenols, quinoline, oils, coumarone, ammonia sulfate, carbazole, anthraquinone, pitch coke, needle coke, and carbon black. All these products are widely applied in the fields of architecture, medicine, pesticides, plastics, tires, and dyes. Baosteel refined naphthalene has been rated as a national customer satisfaction product.

Baosteel Chemical achieved an operating income of RMB 7.633billion and earned a profit of RMB 41 million in 2015.

Shanghai Baosteel Chemical Co., Ltd.(Abbreviated to Baosteel Chemical)
Address: 3501 Tongji Road, Baoshan District,
Post code:201900 Fax: 86-21-66789208