China Gengsheng Minerals, Inc. (OTC:CHGS)
Industry: Basic Materials
China GengSheng Minerals, Inc., through its subsidiaries, develops, manufactures, and sells a range of mineral-based, heat-resistant industrial material products. It operates in four segments: Refractories, Industrial Ceramics, Fracture Proppants, and Fine Precision Abrasives. The Refractories segment offers castable, coating, and dry mix materials; low-cement and non-cement castables; and pre-cast roofs that are used as linings and key components in various industrial furnaces, such as steel production furnaces, ladles, vessels, and other high-temperature processing machines that operate at high temperatures. The Industrial Ceramics segment provides abrasive balls and tiles, valves, electronic ceramics, and structural ceramics that are used as components for various end products, such as fuses, vacuum interrupters, electrical components, mud slurry pumps, and high-pressure pumps used in the electric power, electronic component, industrial pump, and metallurgy industries. The Fracture Proppants segment offers ball-like pellets that are used to reach pockets of oil and natural gas deposits trapped in the fractures under the ground. The Fine Precision Abrasives segment offers abrasives, which are primarily used for the surface-polishing and slicing of precision instruments, such as solar panels, as well as in a range of areas, including machinery manufacturing, electronics, optical glass, architecture, industry development, semiconductor, silicon chip, plastic, and lens. China GengSheng Minerals, Inc. sells its products to customers in the iron, steel, oil, glass, cement, aluminum, chemical, and solar industries in China, and other parts of Asia and Europe. The company was formerly known as China Minerals Technologies, Inc. and changed its name to China GengSheng Minerals, Inc. in July 2007. China GengSheng Minerals, Inc. is based in Gongyi, the People's Republic of China.
As Of: 05/07 16:16 ET
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