Apical Oleochemicals (Taixing), located in the Taixing Economic Development Zone in Taixing city, Jiangsu province, uses plant-based palm oil as an essential raw material and is engaged in every link of the industrial chain, from basic chemicals to high-end new materials.
The company, which set up operations in the zone in 2021, is an important part of RGE (Royal Golden Eagle) Group's strategy to develop its palm oil business in China.
Apical Oleochemicals (Taixing). [Photo/WeChat account: txzugong]
Since its operation, the company has made remarkable achievements. One prime example is its phase I project, which was put into operation in June 2023 and sold 200,000 metric tons of products in just half a year.
The company's phase II project was put into operation in June last year, extending downstream on the basis of phase I products and developing high value-added products such as multifunctional ester series. This led to a rapid increase in the company's domestic market share.
The production facility of Apical Oleochemicals (Taixing). [Photo/WeChat account: txzugong]
This year, the company is actively promoting products to a broader global market and accelerating technology transformation to promote the implementation and application of new products.
In addition, the company is tackling high-end fields such as plant-based surfactants and bio-based lubricant new materials.