Longxing Chemical

What Longxing Chemical does

Longxing Chemical (龙星科技集团股份有限公司 / Longxing Technology Group Co., Ltd.) is a Chinese industrial chemicals manufacturer headquartered in Shahe, Hebei Province, founded in 1994 and publicly listed on the Shenzhen Stock Exchange under ticker szse:002442. The company produces a diversified portfolio of carbon-based and specialty chemical products — including carbon black, white carbon (precipitated silica), carbon nanotubes, fine chemicals, energy products, and equipment intelligent manufacturing — serving B2B industrial customers in rubber, plastics, coatings, lithium-ion batteries, conductive polymers, and energy-storage applications.

The underlying technology base centers on conventional carbon-black and silica production, with adjacent capabilities in carbon-nanotube synthesis for advanced materials and intelligent-equipment manufacturing for industrial automation. The company's six-product portfolio spans commodity-grade inputs (carbon black, white carbon) and higher-value specialty lines (carbon nanotubes, fine chemicals, energy products), giving it cross-cycle exposure between volume-driven commodity demand and growth-driven advanced-material demand. Operations are run from a single Hebei-base footprint with 1,001–5,000 employees.

The business model is wholesale industrial-chemical manufacturing: the company sells into B2B supply chains without disclosed consumer-facing pricing or marketing, and revenue is generated through volume-based contracts with industrial buyers. The publicly disclosed financial profile shows revenue in the multi-billion range across 2022–2025, with profitability metrics (net income, gross profit, operating income, EBITDA) compressing sharply in 2025 despite relatively flat top-line performance. The company maintains a bilingual corporate website and a dedicated investor-relations platform, consistent with its ongoing public-market status.

Name

Longxing Chemical

Legal name

龙星科技集团股份有限公司

Website

http://www.hb-lx.com.cn/

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Longxing Chemical is a Hebei-based, Shenzhen-listed (szse:002442) industrial chemicals manufacturer producing carbon black, silica, carbon nanotubes, fine chemicals, energy products, and intelligent equipment for B2B customers in rubber, plastics, coatings, and battery applications.

Ownership category

akta.pro rank

Headquarters

HQ city

Shahe

HQ country

China

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D

Marketing channels2 records

Core offering

Longxing Chemical (Longxing Technology Group Co., Ltd. / 龙星科技集团股份有限公司) is a Chinese chemical manufacturer that produces and sells carbon black, white carbon (silica), carbon nanotubes, fine chemicals, energy products, and intelligent equipment for industrial applications including rubber, plastics, coatings, lithium-ion batteries, conductive polymers, and energy storage systems.

Product overview

Longxing Technology Group Co., Ltd. is a chemical manufacturing company producing a portfolio of industrial products including Carbon Black, White Carbon (Silica), Carbon Nanotubes, Fine Chemicals, and Energy products, along with Equipment Intelligent Manufacturing services. The company operates as a unified chemical production platform with multiple product lines serving various industrial sectors including rubber, plastics, coatings, and advanced materials applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Carbon Black (炭黑) Carbon black products manufactured for industrial applications including rubber reinforcement, plastics, and coatings. Used by industrial manufacturers in the tire, plastics, and coatings industries.
• White Carbon / Silica (白炭黑) Precipitated silica products used as reinforcing fillers in rubber, coatings, and other industrial applications. Supplied to industrial customers requiring silica additives.
• Carbon Nanotubes (炭纳米管) Carbon nanotube products for advanced materials and nanotechnology applications, used in sectors including energy storage and electronics.
• Fine Chemicals (精细化工) Specialty chemical products for various industrial applications, sold to industrial buyers requiring fine chemical inputs.
• Energy Products (能源) Energy products and related energy solutions produced from the company's chemical operations for industrial energy customers.
• Equipment Intelligent Manufacturing (设备智造) Intelligent equipment manufacturing and automation solutions for industrial production, supporting chemical and industrial manufacturing customers.

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Expansion highlights3 records

Direct peers

• Black Cat Carbon Black: Jingang (Black Cat) Carbon Black is the largest dedicated carbon black producer in China, listed on the Shenzhen Stock Exchange. It is the most direct competitor to Longxing in domestic carbon black capacity, end markets (tire and rubber), and customer base.
• Cabot Corporation: Cabot is one of the world's largest producers of reinforcement carbon black, supplying tire, rubber, and specialty applications. Longxing competes with Cabot in both commodity and specialty carbon black grades serving global industrial customers.
• Birla Carbon: Birla Carbon (Aditya Birla Group) is the world's largest carbon black manufacturer by capacity, with a global manufacturing footprint. It sets the global benchmark for carbon black pricing, quality, and customer relationships that Longxing competes against in export and tier-1 OEM markets.
• Orion S.A. Orion (formerly Orion Engineered Carbons) is a global specialty carbon black producer serving tires, coatings, and battery applications. It is a directly comparable specialty carbon black peer, particularly relevant to Longxing's higher-grade carbon black and conductive applications.
• Tokai Carbon: Tokai Carbon is a Japanese specialty carbon black and graphite electrode producer. It competes with Longxing in specialty carbon black grades for rubber, plastics, and emerging battery applications across Asia.
• Evonik Industries: Evonik is a global leader in precipitated silica (Aerosil) used as a rubber reinforcing filler and in specialty applications. It is directly comparable to Longxing's white carbon (silica) product line in tire and industrial applications.
• PPG Industries: PPG is a major global coatings and specialty materials supplier that consumes carbon black and silica as pigments and functional fillers. It is comparable as a downstream customer and as a competitor in fine chemicals and industrial coatings.
• Wacker Chemie: Wacker manufactures silicones, polysilicon, and specialty silica products for industrial applications. It is comparable to Longxing as a competitor in industrial silica and as a specialty chemicals platform with similar B2B customer dynamics.

Regional players

• Shanxi Yongdong Chemical Industry: Shanxi Yongdong is a Chinese producer of carbon black and related coal-based chemicals. It is a regional competitor in the domestic Chinese carbon black market, operating in similar end markets and feedstock economics as Longxing.

Broad incumbents

• Sumitomo Chemical: Sumitomo Chemical is a diversified Japanese chemical company producing petrochemicals, specialty chemicals, and advanced materials. It is comparable as a broader specialty chemicals incumbent with overlapping products in fine chemicals and industrial materials.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/longxing-chemical-industry-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Longxing Chemical