Changmao Biochemical Engineering Co Ltd 2018 AR2
The report highlights Changmao Biochemical Engineering Company Limited's performance and sustainability initiatives for the fiscal year 2018. The company successfully completed the transformation of its maleic anhydride production lines in Changzhou to use the butane-method instead of the benzene-method, reducing carbon dioxide emissions and energy costs. Despite facing operational challenges due to the temporary suspension of its Lianyungang subsidiary for rectification, the company improved its economic benefits and gross profit margin. Additionally, the company continued to invest in safety management, passing the second-level safety production standardisation assessment of Jiangsu Province, and upgraded its wastewater treatment facilities to ensure compliance with discharge standards.
Company: Changmao Biochemical Engineering Co Ltd
Sector: Materials
Country: China
Year: 2018
Type: AR2
Pages: 137
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Changmao Biochemical Engineering Co Ltd
Annual Report
The report highlights Changmao Biochemical Engineering Company Limited's performance and sustainability initiatives for the fiscal year 2018. The company successfully completed the transformation of its maleic anhydride production lines in Changzhou to use the butane-method instead of the benzene-method, reducing carbon dioxide emissions and energy costs. Despite facing operational challenges due to the temporary suspension of its Lianyungang subsidiary for rectification, the company improved its economic benefits and gross profit margin. Additionally, the company continued to invest in safety management, passing the second-level safety production standardisation assessment of Jiangsu Province, and upgraded its wastewater treatment facilities to ensure compliance with discharge standards.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Employees