Yip's Chemical Holdings Limited (0408.HK) HKSE

1.85

+0.08(+4.52%)

Updated at September 08 04:08PM

Currency In HKD

Yip's Chemical Holdings Limited

Address

Fortis Tower

Wan Chai,

Hong Kong

Phone

852 2675 2288

Sector

Basic Materials

Industry

Chemicals - Specialty

Employees

2189

First IPO Date

August 22, 1991

Key Executives

NameTitlePayYear Born
Mr. Kwan IpChief Executive Officer & Executive Director4.51M1983
Mr. Chi Shing IpCo-Founder & Non-Executive Chairman1.53M1948
Mr. Tsz Hin YipExecutive Deputy Chairman2.67M1958
Mr. Sai Hou Ho CPAChief Financial Officer, Company Secretary & Executive Director3.3M1967
Mr. Chuen Sang ChanPresident of the Bauhinia Advanced Materials Group01977
Mr. Chu Bang ZhaoManaging Director of The Solvents Group01962

Description

Yip's Chemical Holdings Limited, an investment holding company, produces and sells petrochemical products in the People's Republic of China, Hong Kong, and internationally. It operates through Solvents, Coatings, Inks, Lubricants, and Properties segments. The Solvents segment produces industrial organic solvents, such as ethyl acetate, normal butyl acetate, mixed butyl acetate, ethanol, and butyl acrylate used in coatings, tannery, medicine, and adhesives industries. The Coatings segment provides architectural coatings, including inner and outer wall paints, and water-based emulsion and wood paints for the household paints market; industrial coatings comprising coatings for furniture, and plastic and mechanical products; and alkyd, acrylic, UV, amino, and water-based resins, as well as PU hardeners. This segment offers its products under the Camel, Aquapro, and VIVA brands. The Inks segment provides plastic and paper printing inks for use in food, drinks and gift packaging, and paper printing applications. The Lubricants segment offers automotive and industrial lubricants, including engine oils, antifreezes, system coolants, brake fluids, greases, gear oils, automatic transmission fluids, hydraulic oils, turbine oils, heat conducting oils, slideway oils, compressor oils, and circulating oils under the Hercules brand. It also provides specialty lubricants under the Pacoil brand to the metal processing, automobiles, home appliances, electronics, steel, toys, power generation, cement, textiles, foundry, plastics, chemicals, paper making, glass, wires, and cables industries. The Properties segment invests in properties. The company also trades in coatings, solvents, resins, inks, lubricants, and sanitizing products; offers treasury and car maintenance services; and generates and sells electricity. The company was formerly known as Hang Cheung Hong. Yip's Chemical Holdings Limited was founded in 1971 and is headquartered in Wanchai, Hong Kong.