Is SunSine the world's largest producer of rubber accelerators & sulphur?

As the largest producer of rubber accelerators (RA) in the world and insoluble sulphur (IS) in China, Sunsine is poised for further expansion. Production of rubber chemicals at China Sunsine, the world's largest producer. NextInsight file photo. Demand for rubber chemicals

Is SunSine a good company?

It is debt-free, flush with cash, and has also been paying dividends regularly. As the largest producer of rubber accelerators (RA) in the world and insoluble sulphur (IS) in China, Sunsine is poised for further expansion. Production of rubber chemicals at China Sunsine, the world's largest producer. NextInsight file photo.

Is SunSine the world's largest Ra producer?

Sunsine is now the world’s largest RA producer with 20% of market share. It is also China’s biggest producer of IS. Sunsine's annual profits were around RMB 100m and below before 2014 when many rubber chemical factories skipped waste treatment, leading to oversupply that depressed selling prices.

Is there an oversupply situation in China's rubber chemicals industry?

Company’s response: There has always been an oversupply situation in China’s rubber chemicals industry. The Group is aware that some manufacturers which claim to have certain production capacity may not be able to produce up to that capacity.

Is SunSine a good investment?

Since its listing on the Singapore Exchange in 2007, it has grown many-fold without new equity. It is debt-free, flush with cash, and has also been paying dividends regularly. As the largest producer of rubber accelerators (RA) in the world and insoluble sulphur (IS) in China, Sunsine is poised for further expansion.

Is SunSine a good ra company?

Sunsine’s global RA market share of 20% in 2018 (7% in 2008) is set to grow with the new 30,000-tonne TBBS capacity and more expansion. For its track record in R&D, Sunsine was granted the high-tech status conferring on it the 15% preferential tax rate in 2017. Through R&D, Sunsine has widened its product range.