Zhang Tongde Appoints as Chairman of the Board of New Oriental Energy & Chemical Corp

New Oriental Energy & Chemical Corp. (NOEC) through its wholly owned subsidiary, Henan Jinding Chemical Co., Ltd. (Jinding) is engaged in the manufacturing and distribution of fertilizer and chemical products. The products are distributed to markets in the People’s Republic of China. The primary business of the Company is the manufacturing and selling of urea, a chemical used as fertilizer for crops and in certain manufacturing processes, including the manufacturing of resin, plastic and medicine. NOEC is also engaged in the production and selling of methanol. The other products manufactured by the Company include Ammonium Hydrogen Carbonate, which can be used as a fertilizer for crops, and in the pharmaceutical and food industries. In addition, another product developed by the Company is Dimethyl Ether (DME). DME has a range of industrial applications in the production of pesticides, cosmetics and as a refrigerant.