Operates as an investment holding company with interests in the manufacture and sale of petrochemical and chemical products
Dongyue Group Ltd. operates as an investment holding company, which engages in the manufacture, distribution and sale of refrigerants, polymers, organic silicone and dichloromethane, polyvinyl chloride and liquid alkali. The company operates its business through the following segments: Refrigerant, Polymer and Organic Silicone. The Refrigerant segment manufactures and sells traditional refrigerants products, and new green and environmental friendly refrigerants products. The Polymer segment produces and sells PTFE, a synthetic fluoropolymer with resistance to temperature changes, electrical insulation, and ageing and chemical resistant; and HFP, a raw material to produce fluorochemicals that are used in high-end fire extinguishers, fluoro rubber and other high-end downstream products. It serves the chemicals, construction, electrical and electronics and automotive industries. The Organic Silicone segment produces and sells upstream organic silicone intermediates (DMC) that are used as raw materials to produce deep proceeded silicone products, such as silicone oils, silicone rubber and silicone resins. It serves the military, aviation, automotive, electronic and construction industries. Dongyue Group was founded on July 1, 1987 and is headquartered in Zibo, China.