Hubei Hongchen New Material Technology Co., Ltd. was established in May 2021 with a registered capital of 50 million yuan and is located in Xiangyang (Yicheng) Fine Chemical Industrial Park, Hubei Province, covering an area of 100 acres. The company is committed to building a high-tech enterprise integrating R&D, production and sales of high-end fine chemicals such as hair dye additives, functional dyes and pigments.
The company was founded by university teachers, with 6 invention patents and 8 utility model patents, and has won the "Advanced Individual in Entrepreneurship" in Xiangyang City, the second prize of the Innovation and Entrepreneurship Competition for University Science and Technology Personnel in Hubei Province, and the leading talent of science and technology entrepreneurship in Hubei Province. In 2024, the company won the title of "Seed Unicorn" in Hubei Province, and its 2,6-dihydroxytoluene product was selected into the "Hubei Province Innovative Product Application Demonstration Recommended Catalog".
The company's main products are 2-Methyl-5-nitroaniline, 5-Amino-2-methylphenol, 2,4-Diaminotoluene, 2,6-Diaminotoluene, 2-Methylresorcino, 3,4-Diaminotoluene, 3-Amino-2-chloro-6-methylphenol, 4,5-Diamino-1-(2-hydroxyethyl)pyrazole sulfate, AMBI, DABI, Pigment Yellow 192, Pigment Orange 64, Sandorin Orange 5RLT, Vat Orange 3 and other hair dye intermediates and dye intermediates, pharmaceutical intermediates, pigments.
Since the start of construction in July 2023, the project has progressed smoothly, with an investment of 160 million yuan to complete the construction of 17 building units of 30,000 square meters, including a number of Class A workshops, warehouses, public works, etc., and has production process qualifications such as microchannel nitrification, nitrosation, diazotization, hydroreduction, oxidation and peroxidation.