ZIBO CITY, China - China Chemical Corp., a manufacturer of organic chemicals for broad consumer goods applications, has applied for a listing on the NASDAQ Capital Market.
NASDAQ OMX is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies representing $5.2 trillion in total market value. NASDAQ currently lists 145 companies headquartered in Greater China, more than any other U.S. exchange.
China Chemical Corp. is a fast-growing Chinese organic chemical manufacturer that has generated revenues of $66.1 million and net income of $12.8 million during the 12 months ended June 30, 2010.
Long-term growth in China's consumer goods sector is driving high demand for the company's two principal products, phthalic anhydride and maleic anhydride, which are used as production inputs in a wide variety of commercial and consumer applications.