China Clean Energy Inc., through its subsidiary, Fujian Zhongde Technology Co., Ltd., engages in the development, manufacture, and distribution of biodiesel and specialty chemical products made from renewable resources. It produces biodiesel from waste vegetable oils and waste grease. Products Biodiesel Segment The company manufactures and sells biodiesel. In addition to biodiesel, its production process typically yields co-products that can be turned into specialty chemicals. Biodiesel is produced from feedstock, which comes from animal fats or vegetable oils. Chemicals Segment The company manufactures and sells various industrial products using environmentally-focused chemicals derived from renewable resources, such as waste vegetable oils. Its product categories include polyamide hot-melt adhesives, printing inks, alcohol and benzene-soluble polyamide resins, and various fatty acids, such as dimer acid. Hot-Melt Adhesives: The company manufactures dimer acid-based polyamide hot-melt adhesives and various polyamide hot-melt adhesives. It offers products with varying softening points, tensile strengths, viscosities, and adhesion strengths. These products are used in a range of applications, from book-binding and adhesion of fabrics, leather, plastic and wood to cementation of metal, ceramics and electronic components. Polyamide Resins: The company offers various alcohol-soluble and benzene-soluble polyamide resins for use in printing inks. Its alcohol-soluble resins are used primarily in various kinds of bucked plate plastic-based inks such as polypropylene, polyethylene, terylene, cellophane, and paper. The company’s benzene-soluble polyamide resins are characterized by good dissolving ability, leveling and liberation, glossiness, anti-gelling properties and adhesion to plastic membranes. They are used primarily in gravure printing inks and are compatible with gravure printers that have varying rotating speed capabilities. In addition, the company manufactures low molecular weight liquid polyamide resin, a flexibilizer and curing agent for epoxy resin. It is used in epoxy coating, epoxy adhesive, epoxy casting seal, and epoxy varnish. Dimer, Stearic, and Monomer Acids: These are fatty acids that are used for various lubricating, flexibilizing, surfactant, and emulsifying applications. Dimer acid is used in the production of resins, lubricants, coatings, and corrosion-resistant agents. Stearic acid, produced by hydrolysis and rectification of various kinds of vegetable oils, is used in plastic flexibilizers, stabilizers, surfactants, and soap bases. Monomer acid, a by-product from dimer and oleic acid processing, is used in plastics, lubricants, leather agents, detergents, soaps, and alkyd resins. Printing Inks: The company manufactures various printing inks for gravure surface printing, gravure inner printing and flexible typographic printing on plastic, aluminum foil and paper. Customers and Markets The company sells biodiesel to regional service stations in the People’s Republic of China. Its specialty chemical products are sold to companies domestically and exported globally to companies in Europe, the U.S., and Asia. Its major customers include Air Products and Chemicals PTE Ltd. and Cray Valley Resins PVT., Ltd. Suppliers The company’s major suppliers include Fujian Zhongmin Chemical Co., Ltd.; Xinjiang Guansheng Technology Co., Ltd.; Fujian QuanZhou Zhongyuan Chemical Co., Ltd.; and Dongying Haifutong Chemical Co., Ltd. Competition In the area of biodiesel production, the company’s competitors include Gushan Environmental Energy Ltd.; China Biodiesel International Holding Co., Ltd.; and Wuxi Huahong Bio-fuel Co., Ltd. The company has various major competitors that also produce specialty chemicals from renewable resources, including Jiangsu Yonglin Oil & Grease Chemicals Co., Ltd.; Shanghai Jiangqiao Chemical Factory; Zhejiang Henghua Huagong Co., Ltd.; and Zhejiang Huangyan Resin Chemical Industry Co., Ltd. History China Clean Energy Inc. was founded in 1995.
china clean energy inc (CCGY:OTC US)
Jiangyin Industrial Zone
Fuqing City, 350309
Phone: 86 34 7235 0258
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