Brief Introduction Company Philosophy Organization Company News
Brief Introduction
Nanjing Yangzi Eastman Chemical Ltd. (“YEC”), a 50%-50% joint venture between Sinopec Yangzi Petrochemical Co., Ltd. (“YPC”) and Eastman Chemical Company (“EMN”) was established in November 16, 1998 and located on No.1 Yanhe Road, within Nanjing Chemical Industrial Park. Its board of directors consists of six directors with three from YPC and three from EMN, among which the chairman is assigned by YPC and vice chairman assigned by EMN. Supervisory board consists of two supervisors with one from YPC and one from EMN. YEC has one general manager, one deputy general managerand four departments—HR &admin Department, Production and Maintenance Department, Sales Department andFinance Department, among which general manager, sales manager, production and maintenance manager are assigned by EMN and deputy general manager, HR & admin manager and financial manager assigned by YPC. By the end of 2015, YEC’s total assets have reached RMB 441 million. It now employs 87 people, including 6with senior professional titles, and 21 with mid-level professional titles.

With the advancedproprietary technology from EMN and pyrolysis C5gasolinefrom YPC, YPC manufactures and sells world-class hydrogenated C5 petroleum resin products. YEC now hasa C5 hydrogenated petroleum resin plantwith a capacity of 23,400 MT/year which mainly produces10 kinds of hydrogenated petroleum resin products of Eastotac C series, and Regalite series.
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