Chemicals
Company Overview of Shandong Borun Industrial Co., Ltd.
Company Overview
Shandong Borun Industrial Co., Ltd. provides edible alcohol, ethanol purification, xanthan gum, corn oil, glacial acetic acid, vinyl acetate, plumule and DDGS feed. Shandong Borun Industrial Co., Ltd. was founded in 2000 and is based in Shouguang, China. Shandong Borun Industrial Co., Ltd. operates as a subsidiary of China New Borun Corporation.
Bohai Chemical Industry Park
Yangkou Town
Shouguang, 261041
China
Founded in 2000
Key Executives for Shandong Borun Industrial Co., Ltd.
Shandong Borun Industrial Co., Ltd. does not have any Key Executives recorded.
Shandong Borun Industrial Co., Ltd. Key Developments
Shandong Borun Industrial Co., Ltd. announced that it completed a private placement of five-year fixed-rate bonds with a principle amount of RMB 300 million. The bonds were issued on November 2, 2016 at face value with a simple interest rate of 6.5% per annum. guaranteed by China United SME Guarantee Corporation. Under the terms of the bonds, the company will make annual interest payments of RMB 19.5 million commencing November 2, 2017. The company will also pay three annual installments for the principal portion of the bonds commencing November 2, 2019. The company expects proceeds from issuance of the bonds will be used for working capital and capital expenditure purposes.
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