CIVC together with SCGC have invested about $2.5M in Luhua Chemical Co ("Luhua"), a leading producer of C5 separation products, situated in Zibo, Shandong Provence, China.
Luhua, is a leading producer of Isoprene, C5 Resins, derivatives of crude oil, which is used in the rubber, adhesive, coating, printing, and paper industries. In 2007, the company led by Guo Qiang, had acquired a TBA separation facility and had become number 1 TBA producer in Asia; TBA is mainly used in the pharmaceutical and pesticide industries. With additional expansions the company has expanded its product line with many more products, and more than doubled the C5 separation capacity.
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