China BlueChemical Ltd. (“China BlueChemor the”Business“stock code: 3983 ), China’s biggest chemical fertilizer main business in both production capability and production volume, has actually revealed its unaudited interim outcomes for the 6 months ended 30 June 2025. In the very first half of 2025, the Company understood a profits of RMB 5.85 billion, somewhat down by 2.6% year-on-yearly. Net revenue attributable to owners of the Company totaled up to RMB 641 million, a minor year-on-year reduction of 6.7%.
Mr. RAO Shicai, CEO of China BlueChem stated, “Despite the complex and unstable external environment and internal structural change pressures, the Company’s crucial operating indications have actually been effectively accomplished. Throughout the duration, the Company has actually enhanced its security production management, actively broadened its market and sales channels, and even more established lean management, while at the very same time progressively carrying out numerous procedures to support development, strengthen reforms, and boost effectiveness Moreover, the Company has actually regularly stuck to an approach of green and sustainable advancement. Its methanol plant has actually been granted the honorary title of “Energy Efficiency Leader” by the China Petroleum and Chemical Industry Federation for 14 successive years, and its artificial ammonia plant has actually been granted the honorary title of “Water Efficiency Leader” by the China Nitrogen Fertilizer Industry Association for 6 successive years. It likewise won the “2025 ESG Model Enterprise Award” at the 4th International Green Zero-Carbon Festival and ESG Leadership Summit, setting a criteria for sustainable advancement brand names.”
In regard of production managementthe Company constantly enhanced production and operation control and system management, completely executing the idea of green advancement and steady security production conditions. Throughout the duration, methanol production at CNOOC Fudao and the cumulative throughput at Basuo Port both reached brand-new highs for matching durations in history. The CNOOC Huahe Chemical Fertilizer Plant accomplished 314 days of constant operation, making a brand-new record of itself and setting impressive production signs. In the very first half of the year, the Company produced 968,000 tonnes of urea, 781,000 tonnes of methanol, 450,000 tonnes of phosphate fertilisers and substance fertilizers, and 132,000 tonnes of acrylonitrile series items.
With regard to sales managementin the middle of the complex and ever-changing market scenario, the Company has actually continued to even more enhance market analysis and stay up to date with the marketplace to implementprecise rates. By strengthening the weekly production and sales coordination conference system, the Company has actually optimised storage and transport coordination, and made sure effective item circulation., It has likewise thoroughly sophisticated market growth and performance enhancements. In the very first half of the year, the Company offered 996,000 tonnes of urea, 726,000 tonnes of methanol; 386,000 tonnes of phosphate fertilizers and substance fertilizers, and 127,000 tonnes of acrylonitrile series items.
When it comes to green advancementthe Company sped up the application of crucial tasks, effectively producing the very first tonne of green methanol in China utilizing city waste as basic material, and acquiring International Sustainability and Carbon Certification (ISCC) in the very first half of the year. The green methanol has actually been effectively used to locally produced dual-fuel vessels, marking the very first domestic usage of green methanol. The Company accomplished merged combination of keeping an eye on information into the ecological security info system, with toxin emissions fulfilling requirements at 100% for 3 successive years, and the number of ecological contamination occurrences staying at absolutely no. The detailed usage rate of phosphogypsum at DYK increased from 61.15% to 73.09%, surpassing the target requirements.
Expecting the 2nd half of the yearurea will stay in a capability growth cycle and the general market will continue to be oversupplied. In the 3rd quarter, need will be more powerful driven by the combined effect of the export window and farming need. Getting in the 4th quarter, the release of brand-new capability and damaging need will develop a causal sequence, and rates are anticipated to stay under pressure. The rates of monoammonium phosphate might vary within a narrow variety at a high level, supported by strong basic material expenses and beneficial need elements. The diammonium phosphate market is anticipated to keep a steady combination cycle. In the 3rd quarter, domestic fall storage and export need will resonate, leading to strong total need and steady costs. In the 4th quarter, the need for phosphate fertilizer is anticipated to decrease in general, putting down pressure on rates, however general variations will be fairly minimal, supported by expense aspects. In the 2nd half of the year, the pattern of methanol supply is anticipated to stay accommodative. Taken advantage of anti-involution in mainland China and the constraint policy on brand-new coal-to-methanol tasks, the supply and need structure is anticipated to be enhanced. Downstream need might see a phased healing, with the total market pattern defined by changes. Concerning acrylonitrile, the oversupply scenario will even more magnify. Any enhancement in acrylonitrile rates will need significant domestic business to decrease plant loads.
Mr. RAO Shicai, CEO of China BlueChem stated, “In the 2nd half of 2025, the Company will improve its devices management system to guarantee safe and steady operation of centers and develop a strong structure for intrinsic security. At the very same time, it will concentrate on developing its quality positioning, broadening market and sales, and improving marketing efficiency. “AI+” efforts will be promoted throughout the Company to speed up the deep combination of digital innovation and the genuine economy. In addition, the Company will press forward the research study of crucial tasks on the usage of carbon-rich gas and enhance interaction matrix management to constantly boost brand name worth.”
About China BlueChemical Ltd.
China BlueChemical Ltd. (“China BlueChem “)is a noted business that specialises in the advancement, production and sales of chemical fertilisers and artificial chemical items. It is the biggest Central business in the field of chemical fertilisers in regards to both production capability and production volume. The Company is a subsidiary of China National Offshore Oil Corporation which generally takes part in the expedition, advancement, production and sales of petroleum and gas. On 29 September 2006, China BlueChem was noted on the primary board of The Stock Exchange of Hong Kong Limited with the stock code 3983. Presently, its production centers lie in Hainan, Hubei and Heilongjiang, China, with an overall created yearly production capability of 1.84 million tonnes of urea, 1.3 million tonnes of phosphate and substance fertilisers (mono-ammonium phosphate, di-ammonium phosphate and substance fertiliser), 1.4 million tonnes of methanol, 200 thousand tonnes of acrylonitrile and 70 thousand tonnes MMA. It has a deep water port with a developed yearly throughout capability of 18.28 million tonnes in Dongfang city, Hainan province. Boasting ongoing development of its brand name worth, the Company’s brand name worth reached historic high at RMB7.258 billion in 2025. The Company was granted “ËSG Model Enterprise 2025” at the 4th International Green Zero-Carbon Festival Cum ESG Leaders Conference.
To learn more about the Company, please visit its site:
www.chinabluechem.com.cn.
Subject: Earnings
