SGAT.OB
From China Stock Market
ShengdaTech Inc. (OTC BB: SGAT) is a leading manufacturer of nano precipitated calcium carbonate (i.e. NPCC) in Tai’an Ciity, Shandong Province, China.
ShengdaTech has two major business lines. Its coal-based chemical business is a mature, cash-generating business. Its new business in making nano particles known as NPCC is strategically positioned as the company's growth engine. The NPCC business also has a higher margin than its chemical business.
NPCC as a functional filler can be used in tires, PVC building, paper and paints etc. According to the Company, ShengdaTech is the only supplier of NPCC products to the tire industry in China, which represented about 60% of its NPCC revenue.
How To Invest
ShengdaTech trades on the OTC Bulletin Board under tick symbol SGAT.OB. It can be bought with any brokerage account.
Competitors
- Nanophase Technologies, Nasdaq: NANX
Key Development
- May 8, 2007: ShengdaTech received approval to be listing on the Nasdaq under ticker SDTH, starting May, 24. 2007.
- January, 2007: ShengdaTech officially changed its name from Zeolite Exploration Company (OTC BB: ZXPL) to ShengdaTech (OTC BB: SGAT).
- 2006: ShengdaTech increased it NPCC manufacturing capacity to 90,000 metric tons annually, equivalent of $37 million in yearly revenue.
- March, 2006: ShengdaTech became public traded company through the acquisition of Faith Bloom Limited.
- company news and events
