Sierbang Petrochemical
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Sierbang Petrochemical - overview
Established
2010
Location
Lianyungang, Jiangsu, China
Primary Industry
Chemicals
About
Established in 2010 and based in Lianyungang, China, Sierbang Petrochemical is a company that engages in the production of petrochemical products. It is a national high-tech enterprise. The company has cooperated with Tsinghua University and the Institute of Petrochemical Research of the Chinese Academy of Sciences. In May 2021, it was fully acquired by Jiangsu Eastern Shenghong and became its subsidiary.
In March 2025, Sierbang Petrochemical closed a series A funding from new investors China CITIC Financial Asset Management and Industrial and Commercial Bank of China. Sierbang Petrochemical focuses on the production of olefin derivatives and has formed product lines such as propylene, ethylene and derived fine chemicals. Specific products include ethylene-vinyl acetate copolymer resin (EVA), ethylene oxide (EO), ethanolamine, non-ionic surfactants, polycarboxylic acid water-reducing agent monomers, etc. The company's EVA production capacity reaches 300,000 tons/year, of which photovoltaic-grade EVA production capacity exceeds 200,000 tons.
The company generates revenue by producing propylene, ethylene and derived fine chemical products.
Current Investors
Industrial and Commercial Bank of China, China CITIC Financial Asset Management
Primary Industry
Chemicals
Sub Industries
Molecular Chemicals, Petrochemicals
Company Stage
Series A
Total Amount Raised
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Sierbang Petrochemical - financials
| Fiscal Year Ended | Dec 31, 2019 | Dec 31, 2020 |
|---|---|---|
| Revenue (USD) | - | - |
| % Revenue Growth (YoY) | - | - |
| EBITDA (USD) | - | - |
| Operating Income (USD) | - | - |
| Operating Margin | - | - |
| % EBITDA Margin | - | - |
| NET Income (USD) | - | - |
| % Net Margin | - | - |
Sierbang Petrochemical - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Sierbang Petrochemical | - |
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Sierbang Petrochemical - employee data
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