Shandong Baoli Bio-Chemical Co., Ltd. (hereinafter referred to as PO MO shares) listed today, industry insiders pointed out that the Po Mo Stock Listing of the project to reach the postpartum, the company's production scale, product structure, market development capabilities, core business competitiveness will be greatly improved, thereby further improve the profitability of the company, For the company's follow-up development lay a solid foundation. Technology innovation fine chemical industry experts, formerly known as the Dongying Shengli Oilfield Polymer Co., Ltd., was established in May 3, 1996. It is understood that the company is engaged in acrylamide, polyacrylamide and its derivatives research and development, production and sales and technical services professional enterprises. Company licensing projects include: Acrylamide, polyacrylamide production, sales, acrylonitrile sales; general operating projects include: Surfactants, oilfield auxiliaries, two methyl diallyl ammonium chloride, water treatment agent, papermaking auxiliaries, mineral processing and dyeing auxiliaries production and sales, oil development technology and bio-chemical industry, Water treatment technology development and related technology transfer, technical advisory services, filing range of import and export business. Since its inception, the company's main business has not undergone major changes. Po Mo shares production of polyacrylamide varieties, specifications, a wide range of applications, with "all kinds of additives," said, is a very important fine chemical products. From the main characteristics of products, the company's products are mainly anionic polyacrylamide, cationic polyacrylamide, oil-displacing surfactants. Anionic polyacrylamide mainly includes two main categories: (1) Special anionic polyacrylamide for oil production, mainly used in oil field three times oil recovery, (2) anionic polyacrylamide series products, widely used in papermaking, water treatment, mining and other fields. Production-specific Pam, anion series products of the common line. Cationic polyacrylamide is mainly used in water treatment and papermaking industry. The surfactant of oil displacement is mainly used as oil displacement additive, and combined with polyacrylamide for two-yuan compound flooding and ASP flooding three times oil recovery. As at December 31, 2009, the company's main product design capacity is as follows: Anionic polyacrylamide (with special production of Pam and anion series products) 33000 tons/year, cationic polyacrylamide 2000 tons/year and oil-displacing surfactant 500 tons/year. Since its inception, the company's main products have not undergone major changes. In addition, the company is mainly engaged in the development and production of acrylamide, polyacrylamide and its derivatives, is one of the largest suppliers of polyacrylamide, but also China's second largest production-specific polyacrylamide manufacturer, has undertaken 3 national research and development projects, won the Ministry of Science and Technology, the Ministry of Finance, the State Planning Commission 95 National key science and technology projects major scientific and technological achievements Award ", China Petroleum and Chemical Industry Association," the first prize of scientific and technological progress, DuPont Science and Technology Innovation Award, annual output of 13,000 tons of ultra-high molecular weight anionic polyacrylamide project included in the National Development Planning Commission "15 National High-tech Industrialization Demonstration project." September 2007, the company was named the National Torch Plan key High-tech enterprises.January 2008, the company passed the "gb/t19001~2000 Quality Management System", "gb/t24001~2004 Environmental Management System", "gb/t28001~2001 Occupational health and safety management system" "triple" certification work. The leading three times in the oil production market, Baoli shares for more than 10 years on the basis of product service oilfield, to understand the geological conditions of Shengli oil field in Sinopec, to improve the molecular weight of products and to improve the temperature and salt resistance of the products by using new synthetic technology and process route. In order to improve the compatibility of the products and the production effluent of Shengli oilfield, the suitable polyacrylamide for oil displacement is developed for the geological conditions of different reservoirs. With the company's production and technical capabilities of the continuous progress, products successfully replace imported products, effectively reducing the Shengli oilfield three oil production costs. Over the years, the Po Mo shares to the Shengli oilfield to provide high-quality three times polyacrylamide and technical services, sales of more than 100,000 tons, for the success of oil production and production of oil has made great contributions, has been highly praised by customers and recognition. Shengli Oilfield Postdoctoral workstation in the company set up a work station, in the new product development, testing and other aspects of establishing a strategic cooperative relationship. 2008 Shengli Oilfield and the company signed a market framework agreement, in accordance with the same priority principle, in quality to meet the requirements, reasonable price, under the premise of priority to purchase the company's products. Industry insiders pointed out that the company mainly to Shengli oil field supply for complex geological conditions of the high-end products, relying on product quality advantages, companies in capacity expansion to meet the success of the oil field market demand, on the basis of easy access to other oil field market. Technology and products dual-drive Po mo shares for High-tech Enterprises, set up a provincial-level enterprise Technology Center, set up a complete and effective research and development management system, adhere to the leading technology strategy, increase product and technology research and development investment, has undertaken the national "95" key scientific and technological projects, "XV" High-tech Industrialization Demonstration Project, Has formed a complete set of advanced acrylamide, polyacrylamide production technology and technology. Acrylamide production technology developed from cell-fixed embedding method to current continuous cell method by free cell method, the anionic polyacrylamide polymerization technology includes the common hydrolysis process, the alkali hydrolysis process, the cationic monomer using the improved "one step", and the high molecular weight cationic polymerization process and technology, The formation of a complete acrylamide, anionic polyacrylamide, cationic polyacrylamide and other product lines, can meet three times oil recovery, water treatment, paper, mineral processing, printing and dyeing and other areas of customer needs, the core technology in the same industry at the leading level. Data show that the company for the domestic production of polyacrylamide, one of the leading enterprises, with acrylamide and polyacrylamide integrated production equipment, the existing production capacity of acrylamide 30,000 tons/year, anionic polyacrylamide 33,000 tons/year. The device adopts advanced automatic control system, production process (blog) is full of airtight material conveying, the key drying equipment used in the United Kingdom intoMouth fluidized bed dryer. Advanced production equipment to ensure the stability of product quality, leading production capacity and capacity of the scale of the company's products in the cost control, market image and so have a clear advantage. At the same time, the company is located in the Yellow River delta central location of Shandong Dongying, convenient transportation, highways, railways, aviation in all directions, near Lianyungang, Lanshan port chemical terminals, raw materials transport is very convenient. At the same time the company's surrounding market capacity, backed by China's second largest oil field-shengli oil field and Huatai stock, chenming paper, Sun paper and other paper enterprises, the radiation ring Bohai Economic Zone, the development of a vibrant economy zone, can timely and convenient to provide customers with technical services for the company's market development provides a good condition. Raise funds to enhance competitiveness the company said the fund-raising will be invested in 3 projects, respectively, an annual output of 10,000 tons of anionic polyacrylamide project, an annual output of 10,000 tons cationic polyacrylamide project, 10,000 tons/year oil displacement surfactant project. Among them, the annual output of 10,000 tons of anionic polyacrylamide project after the project was completed, the main production of Shengli Oil reservoir three types of oil displacement agent-new temperature resistant salt polyacrylamide, formed 10000 tons of annual production capacity, in accordance with the current domestic oil field on the effect of polyacrylamide flooding statistics, tons of poly increase oil 100 tons, 10000 tons of polyacrylamide each year can yield 1 million tonnes of crude oil, can effectively deal with the international oil price steadily rise, reduce domestic oil tension situation, suitable for the state of the polyacrylamide industry to implement the "diversification, specialization, serialization" requirements and the current energy-saving emission reduction, to create a conservation-minded society, with obvious social benefits. The shares said that the use of the fund-raising funds for the company to achieve the above development plan played a very important role. If the company simply by virtue of its own accumulation of rolling development, will delay the implementation of the company's development plans, and may even miss the opportunity to implement. After the collection of funds in place, the company's financial strength will be greatly enhanced, the further expansion of production scale, will vigorously promote the implementation of various development plans. At the same time, raise funds in place can improve the company's financial indicators, expand capital strength, improve asset liquidity and solvency, the company's comprehensive competitiveness will be further enhanced. Industry insiders pointed out that the implementation of the above projects can provide more employment opportunities. At the same time, we can improve the consumption level of peripheral groups and promote the development of peripheral economy. Therefore, this not only has the good economic benefit, but also has the good social benefit. At the same time, raise funds in place, in the fund-raising projects before the production, because the project capacity has not played, did not produce benefits, so the company's net assets yield and earnings per share will decline. However, raising the investment project to the postpartum, will further highlight and improve the company's core business competitiveness, the company's production scale, product structure, market development capacity will be greatly improved, thus further improve the company's profitability, and for the company's follow-up development lay a solid foundation.
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