BPSTC:Conducts Solid Reformation for Further Development

摘要

Bluestar Petrochemical Science & Technology Co.,Ltd.(BPSTC,SZ:000838)got listed in Shenzhen Stock Exchange Center in June 1997.It was originally named Southwest Chemical Machinery Co.,Ltd.China National Bluestar(Group)Corporation purchased 24.59886 million state owned shares from Deyang State-Owned Assets Management Company in 2001 and became the biggest shareholder of BPSTC with an equity ratio of 37.77%.The company completed business reformation in May 2003.The main business was shifted from the manufacturing of chemical pressure vessels and petroleum,pharmaceutical and rubber machinery and the processing of large machinery components to the research,production and sales of polymeric materials and fine chemicals.The company changed its name to Bluestar Petrochemical Science & Technology Co.,Ltd.in August 2004.It has 3 branch companies in Chengdu of Sichuan province,Guangzhou of Guangdong province and Beijing and leading products include fluorosilicon materials,engineering plastics,antioxidants and diluting agents.