Keyuan Petrochemicals Inc. Announces Preliminary Third Quarter 2010 Financial Results
-- Third quarter 2010 sales increased 14.7% sequentially from Second Quarter 2010 -- Gross margin up 200 bps quarter-over-quarter to 8.6% NINGBO, China, Oct. 20 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals, Inc. (Nasdaq: KEYP) ("Keyuan or the "Company"), a leading merchant manufacturer...
Keyuan Petrochemicals Completes $20.3 Million Private Placement; Adds New Board Member
NINGBO, China, Sept. 29 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (Nasdaq: KEYP) ("Keyuan or the "Company"), a leading merchant manufacturer of various petrochemical products in China, announced that the Company closed a private placement financing with institutional investors with gross proc...
Keyuan Petrochemicals, Inc. Receives Approval to List its Common Stock on the NASDAQ Capital Market; New Trading Symbol 'KEYP' Effective September 15, 2010
Company to Ring Closing Bell on September 16, 2010 NINGBO, China, Sept. 13 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP) ("Keyuan or the "Company"), a leading independent manufacturer and supplier of various petrochemical products in China, today announced that the C...
Keyuan Petrochemicals Starts Construction on New 70,000 Ton SBS Production Facility; Expect to Generate $110 million of Sales in 2012
NINGBO, China, Sept. 8 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP) ("Keyuan or the "Company"), a leading independent manufacturer and supplier of various petrochemical products in China, announced that on September 1st, Keyuan commenced construction of its first S...
Keyuan Petrochemicals, Inc. to Present at the Rodman & Renshaw Annual Global Investment Conference on September 15 at 11:40 am ET
NINGBO, China, Sept. 7 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, today announced that it will present at the Rodman & Renshaw Annual Global ...
Keyuan Petrochemicals Inc. Reports July and August Petrochemical Sales Update
-- July and August monthly sales increased 21% compared to the average monthly sales of first six month in 2010 -- Company is on track to sell 660,000 MT of petrochemical products in 2010 NINGBO, China, Sept. 1 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals Inc. (OTC Bulletin Board: ...
Keyuan Petrochemicals Announces Completion of Land Acquisition for Next Phase of Expansion
NINGBO, China, Aug. 25 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP) ("Keyuan or "The Company"), a leading independent manufacturer and supplier of various petrochemical products in China, announced it entered into land use right transfer agreements with the local gover...
Keyuan Petrochemicals Inc. Announces Second Quarter 2010 Financial Results
NINGBO, China, Aug. 17 /PRNewswire-Asia/ -- -- Q2 2010 revenues increased 12% from Q1 2010 to $132.0 million in the Company's second quarter of production. -- Keyuan is estimated to sell 66,000 MT of product in August at higher prices -- Net income was $4.9 mi...
Keyuan Petrochemicals, Inc. to Host Second Quarter 2010 Results Conference Call on August 17, 2010 at 10:00 a.m. ET
NINGBO, China, Aug. 5 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, today announced that it will release its second quarter 2010 financial results o...
Keyuan Petrochemicals, Inc. Commences Construction on Energy-saving, Gas-fired Steam Boiler
-- New gas-fired boiler to make company self-sufficient on steam supply. -- Company expects new boiler to generate $1.76 million in energy savings per year. NINGBO, China, July 21 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP), ("Keyuan" or "the Company"), a leadin...
Keyuan Petrochemicals, Inc. Announces Addition of New Desulfurization Process at its BTX Aromatics Refining Facility
-- Additional refinement yields higher sales price per ton, improved margins for BTX light aromatics. -- Company expects new process to add $2.9 million net profit for BTX light aromatics per year. NINGBO, China, July 15 /PRNewswire-Asia/ -- Keyuan Petrochemicals,...
Keyuan Petrochemicals, Inc. Appoints Gerry Goldberg, Michael Rosenberg, Dishen Shen and Xin Yue to Its Board of Directors
NINGBO, China, July 7 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, announced today that it has appointed Gerry Goldberg, Michael ...
Keyuan Petrochemicals, Inc. to Present at the Global Hunter Securities 2010 China Conference on July 13
NINGBO, China, June 28 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, announced today it will present at the Global Hunter Securities 2010 China ...
Keyuan Petrochemicals, Inc. Announces Name Change from Silver Pearl Enterprises, Inc.; New Trading Symbol "KYNP"
NINGBO, China, June 2 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: KYNP; formerly OTC Bulletin Board: SVPE), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, today announced that it changed its name ...
Keyuan Petrochemicals, Inc. Announces First Quarter 2010 Financial Results
NINGBO, China, May 21 /PRNewswire-Asia/ -- -- Q1 2010 revenue totaled $117.4 million compared to $68.7 million in Q4 2009, the Company's first full quarter of production sales. -- Q1 2010 net income of $6.7 million, compared to net loss of $8.8 million in Q4 2009. ...
Keyuan Petrochemicals Completes Additional $3.05 Million Private Placement for Total of $26.2 Million
NINGBO, China, May 18 /PRNewswire-Asia/ -- Keyuan Petrochemicals, Inc. (OTC Bulletin Board: SVPE), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, announced today that it completed an additional private equity financing of ...
Keyuan Petrochemicals Appoints Ms. Aichun 'Angela' Li as Chief Financial Officer
NINGBO, China, May 10 /PRNewswire-Asia/ -- Keyuan International Group Limited (OTC Bulletin Board: SVPE), ("Keyuan" or "the Company"), a leading independent manufacturer and supplier of various petrochemical products in China, announced today that it has appointed Ms. Aichun "Angela" Li as its C...