# Keyuan Petrochemicals

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/keyuan-petrochemicals

- Industry: Chemicals
- Headquarters: Ningbo, China
- Latest round: Series D (Feb 4, 2025)
- Investors on record: 2

## About

Founded in 2007 and based in Ningbo, China, Keyuan Petrochemicals operates as a chemical technology company that focuses on the research and development of fuel oil fine chemicals. In February 2025, the company closed series D funding from new investor Fosun International.

The company mainly provides fuel oil fine chemical products. Products include organic chemical raw materials, industrial solvents, alkane products, and other products. Organic chemical raw materials include styrene, propylene, and toluene. Industrial solvents include industrial hexane and petroleum ether. Keyuan Petrochemicals also provides road asphalt and transformer oil. Products can be used in circuit boards, electronic component cleaning and other fields.

The company generates revenue by providing fuel oil fine chemical products, such as styrene, propylene, and petroleum ether.

The company will accelerate the development of New Quality Productive Forces, promote the construction of the entire industrial chain of products, and improve the manufacturing level of green chemicals.

## Funding rounds

- Series D, Feb 4, 2025 — Fosun International
- Series A, Nov 25, 2019 — Wens Capital

## Investors

- Wens Capital (https://capitalatlas.ai/funds/wens-capital) — Series A
- Fosun International (https://capitalatlas.ai/funds/fosun-international) — Series D