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Corporate Milestones

May 2003 Xiangshui Yinyan Chemical Co., Ltd founded by our Chairman & CEO, Mr Sun Liping for manufacture of PMIDA and Cyclohexane
Apr 2004 Commenced construction of Production Phase One of chemical production plant in Chengjiagang Chemical Zone for manufacture and sale of AA and AE

May 2004

SunVic Chemical Holdings Limited incorporated in Singapore

Jul 2004 Founded Jiangsu Jurong Chemical Co., Ltd which acquired Xiangshui Yinyan's major operational assets in July 2004

Jan 2005 Completed construction of Production Phase One and proceeded with second phase

Commenced production of AA with annual production capacity of 40,000 tonnes

Jul 2005 Commenced production of AE under Production Phase One with annual production capacity of 60,000 tonnes

Nov 2005 Commenced production of AA under Production Phase Two which increased annual production capacity to 95,000 tonnes

Commenced production of glacial AA, which is used to manufacture SAPs

Apr 2006 Commenced production of AE under Production Phase Two which increased annual production capacity to 210,000 tonnes.

May 2006 First part of Production Phase Three, which commenced construction in May 2005, completed in May 2006

Commenced production of AA under first part of Production Phase Three which increased annual production capacity to 150,000 tonnes

Nov 2006 Jiangsu Jurong Chemical obtained ISO9000 certificate

5 Feb 2007 SunVic Chemical was listed on the Main Board of the Singapore Exchange Securities Trading Limited. The gross proceed from the issue of 147,000,000 new shares was SGD44.1 million.

Feb 2007 Jiangsu Jurong Chemical obtained ISO14000 certificate

Mar 2007 Completion of a 3000-tonne liquid-cargo jetty and a chemical storage facility which allow for transportation of raw materials and products by barges in large quantities at lower transportation costs.

Jul 2007 Completion of Phase 3 of AE production facility which increased annual production capacity to 250,000 tonnes.

Sept 2007 Completion of second part of Production Phase Three which increased annual production capacity of AA to 205,000 tonnes.

May 2008 Completion of Second PMIDA facilities, the production capacity of PMIDA increased from 20,000 tonnes to 40,000 tonnes.

May 2009 SunVic Chemical's wholly-owned subsidiary, Dynix Pte Ltd, awarded the membership of "Global Trader Programme" launched by IE Singapore. This status allows the company to enjoy a concessionary tax rate of 10 per cent on qualifying income.

 

 
© SUNVIC CHEMICAL 2006