CHINA: Zhejiang Yonghe Refrigerant Co, manufacturer of the Iceloong brand of refrigerants, has been listed on the main-board market of the Shanghai Stock Exchange.
The company says the funds raised will be used for production projects of fluorine chemicals such as environmentally friendly refrigerants at its subsidiary Shaowu Yonghe Jintang New Materials Co and fluoropolymers.
Yonghe Holdings was established in July 2004. It is committed to the production, operation and development of fluorine chemical products involving the development of fluorite ores, fluorite powder, hydrofluoric acid and fluorocarbon chemicals.
The company currently has an annual output of 80,000 tons of fluorite powder, 85,000 tons of anhydrous hydrofluoric acid, over 100,000 tons of fluorocarbon chemicals, and 4,800 tons of fluoropolymer materials. Production expansion currently underway will boost capacity to 215,000 tons of hydrofluoric acid, over 200,000 tons of fluorocarbon chemicals and 35,000 tons of fluoropolymer materials.