New Oriental Energy & Chemical Corp (NOEC)

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New Oriental Energy & Chemical Corp

Xicheng Industrial Zone of Luoshan
Xinyang 464200
China
86 27 8537 5701
https://www.neworientalenergy.com

Sector(s): Basic Materials
Industry: Agricultural Inputs
Full-time employees: 1,200

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Si Qiang Chen	Chief Executive Officer, President and Director	22.5k	N/A	1962
Mr. Dong Lai Li	Chief Financial Officer and Principal Accounting Officer	10k	N/A	1965
Li Jun	Financial Controller	N/A	N/A	N/A

Amounts are as of 31 December 2010, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

New Oriental Energy & Chemical Corp., together with its subsidiaries, engages in the manufacture and distribution of fertilizer and chemical products in the People's Republic of China. The company offers urea and coal-based chemicals, including ammonium bicarbonate and liquid ammonia used for nitrogenous fertilizers, and as a raw material for chemical products. It also provides methanol used in the production of medicines, pesticides, dyes, plastics, synthetic proteins, fibers, formaldehydes, and methyl ether, as well as a component of a type of new fuel. In addition, the company offers dimethyl ether used as an additive for liquefied petroleum gas (LPG) and non-industrial fuel substitute to LPG for residential and automotive uses; as a refrigerant for refrigerators and air conditioners; as a chemical feedstock for the production of acetic acid, acetate, and hydrocyanic acid; and in the production of pesticides and cosmetics, as well as everyday chemical products, such as detergent and hair gel. The company serves chemical, pharmaceutical, light, and textile industries. New Oriental Energy & Chemical Corp. sells its products primarily through regional distributors. The company was founded in 2003 and is based in Xinyang, the People's Republic of China.

Corporate governance

New Oriental Energy & Chemical Corp’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.