Changmao Biochemical Engineering Co Ltd 2020 AR2
The report outlines the financial and sustainability performance of Changmao Biochemical Engineering Company Limited for the fiscal year 2020. During the year, the company faced significant challenges due to the COVID-19 pandemic and the cessation of maleic anhydride production in Changzhou to comply with environmental policies. In response, Changmao signed a relocation agreement for its Changzhou Plant 1, receiving government compensation, and planned a new production facility in Dalian. On the environmental front, the company invested over RMB 25 million to upgrade waste treatment and pollution control facilities, including installing electronic monitoring systems. Additionally, the company continued to advance its research and development projects, such as the new vitamin PQQ and pharmaceutical adjuvants.
Company: Changmao Biochemical Engineering Co Ltd
Sector: Materials
Country: China
Year: 2020
Type: AR2
Pages: 139
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Changmao Biochemical Engineering Co Ltd
Annual Report
The report outlines the financial and sustainability performance of Changmao Biochemical Engineering Company Limited for the fiscal year 2020. During the year, the company faced significant challenges due to the COVID-19 pandemic and the cessation of maleic anhydride production in Changzhou to comply with environmental policies. In response, Changmao signed a relocation agreement for its Changzhou Plant 1, receiving government compensation, and planned a new production facility in Dalian. On the environmental front, the company invested over RMB 25 million to upgrade waste treatment and pollution control facilities, including installing electronic monitoring systems. Additionally, the company continued to advance its research and development projects, such as the new vitamin PQQ and pharmaceutical adjuvants.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Total Waste
Women on Board
Workplace Fatalities
Employees