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Richest Group Limited

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Richest Group Limited - Chemicals & Materials showcase

Year Founded & Workforce

1996

500 Employees

Industry

Chemicals & Materials

Services

Other products
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Richest Group Limited Overview

Company Headquarters: Shanghai, China

Founded: 1996

Workforce: ~500

Company Working: Richest Group Limited (Richest Group) is a major global chemical manufacturer and supplier. It primarily operates through segments such as alloy products, OLED intermediate, rare earth product, amino acids, rubber and plastic, food additives, pesticide, solvent, inorganic salt, plant extract, water treatment, and other products. Under the other products segment, it manufactures manganese dioxide, furfuryl alcohol, VAE emulsion, sodium hydroxide, bromoethane, and pine oil, among others. It has international trade relations with major companies in the US, Germany, South Korea, Japan, New Zealand, Chile, and India, among others.

It has two R&D laboratories in Shanghai and Wuhan, and three production sites in Zhejiang, Jiangsu, and Shandong.

Strategy

Richest Group aims at becoming internationally competitive global corporation and to become a leader in the chemical foreign trade industry. Furthermore, it focuses on improving the product quality and service by adopting advanced domestic and international technologies.

Company Snapshot

500

Employees

1996

Founded

Shanghai, China

Headquarters

SWOT Analysis

Strengths

  • Strong international trading
  • High focus on R&D

Weaknesses

  • Dependent of the China market

Opportunities

  • Collaborations and product innovation
  • Growing paints and coating industry

Threats

  • Fluctuating foreign currency exchange rates

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