沃丹特首席执行官托德·内尔马克表示，此次战略收购标志着公司在构建差异化、技术驱动的能源行业 产品组合方面迈出了重要一步。这些资产将整合进沃丹特的能源服务平台，并作为其北美制造与创新网 络的一部分运营。公司计划保留该基地的关键技术力量，并利用其研发基础设施支持现有及新一代产品 的开发。 此次收购的路博润核心资产包括一套高度互补的油田化学品产品组合，涵盖硫化氢清除剂、阻垢剂、缓 蚀剂等特种产品。这些产品线将沃丹特现有技术与路博润在油气生产领域的专长有效结合，使其能为上 游和中游客户提供更全面的解决方案。 除生产设施外，交易还包括一个成熟的研发实验室、先进的应用测试能力和中试装置。 中化新网讯 近日，沃丹特特种解决方案公司宣布，正式完成了对路博润公司位于美国得克萨斯州埃尔 门多夫生产基地及相关研发资产的收购。作为日本三养公司的子公司，此次收购显著提升了沃丹特在油 田化学品市场的实力。 ...

Core Insights - The S&P Global Energy Specialty Chemicals Update Program (SCUP) report indicates that the oilfield chemicals market is expected to recover in 2025 with an annual growth rate of 1.6% after a contraction in some segments in 2024, driven by demand evolution and technological innovation [2][3] - The oilfield chemicals market remains closely tied to crude oil prices, which fluctuate between $50 and $60 per barrel, prompting oil producers to focus on enhancing existing well capacities and optimizing recovery rates [2][3] - Sustainability has emerged as a core competitive advantage in the oilfield chemicals sector, with increasing demand for efficient and biodegradable chemicals as oil companies transition towards carbon reduction [3][4] Market Dynamics - The demand for oilfield chemicals is projected to grow moderately over the next five years, supported by a gradual recovery in exploration and development activities, while also being constrained by energy transition trends [3] - Key growth drivers include population growth, industrial expansion, and the development of energy-intensive industries such as liquefied natural gas (LNG) and data centers [3] - The market is characterized by differentiated opportunities across regions, with the Middle East, Africa, and Asia showing significant expansion potential due to economic development and oil investments [3] Industry Innovations - Environmental pressures and regulatory requirements are driving a deep transformation towards sustainability in the industry, with manufacturers focusing on product sustainability as a key differentiator [4] - Companies like Nouryon and BASF are leading innovations in the sector, with BASF's wax inhibitors significantly reducing solvent usage and costs, while also developing bio-based surfactants for enhanced oil recovery [4] - The global oilfield chemicals market is becoming increasingly concentrated, with major players expanding their service boundaries through mergers and acquisitions, forming integrated capabilities across exploration, drilling, engineering, and chemicals [4] Competitive Landscape - Major companies in the oilfield chemicals market include BASF, Nouryon, Schlumberger, Halliburton, Baker Hughes, Nalco Water, and Clariant, with a notable rise of SNF Group through strategic acquisitions [4] - SNF Group's acquisitions, including the €135 million purchase of the oil and gas business from Suez and another acquisition in Texas, enhance its product offerings in fracturing and completion solutions [4] - The recovery in 2025 is expected to initiate a moderate growth cycle for the oilfield chemicals market, with sustainable innovation and industry consolidation being the central themes driving mid-term development [4]

证券日报网讯12月4日，泰和科技（300801）在互动平台回答投资者提问时表示，泰和科技目前暂无污 水处理药剂，主要产品为工业循环冷却水用药剂，包括阻垢剂、缓蚀剂、杀菌灭藻剂等。泰和科技作为 行业领先的企业，已经涵盖了行业几乎所有产品的种类，市场占比较大，有一定的溢价能力，公司会在 市场占有率和一定的利润之间做平衡。 ...

（文章来源：每日经济新闻） 泰和科技（300801.SZ）12月4日在投资者互动平台表示，泰和科技目前暂无污水处理药剂，主要产品为 工业循环冷却水用药剂，包括阻垢剂、缓蚀剂、杀菌灭藻剂等。泰和科技作为行业领先的企业，已经涵 盖了行业几乎所有产品的种类，市场占比较大，有一定的溢价能力，公司会在市场占有率和一定的利润 之间做平衡。 每经AI快讯，有投资者在投资者互动平台提问：公司本身的污水处理材料有没有什么新的进展？ ...

Core Viewpoint - Taihe Technology (300801.SZ) announced a share reduction plan by its board member and general manager, Yao Ya, due to personal financial needs, involving a maximum reduction of 606,000 shares, approximately 0.278% of the total share capital [1][3]. Group 1: Share Reduction Plan - Yao Ya directly holds 2.4262 million shares, accounting for 1.111% of the total share capital, and plans to reduce holdings within three months after the announcement [3]. - The shares to be reduced come from pre-IPO holdings and shares obtained through the 2021 restricted stock incentive plan [3]. - The reduction will occur through centralized bidding or block trading, with the price determined by market conditions at the time of sale [3]. Group 2: Company Overview - Taihe Technology, established in 2006, specializes in the production and sales of water treatment agents and related products, including scale inhibitors and corrosion inhibitors, serving industries such as power, metallurgy, and chemicals [5]. - The company is one of the few large-scale manufacturers of water treatment agents in China, with a comprehensive product lineup [5]. Group 3: Financial Performance - In the first half of 2025, Taihe Technology reported revenue of 1.392 billion yuan, a year-on-year increase of 27.68% [6]. - The net profit attributable to shareholders was 56.3682 million yuan, up 3.9% year-on-year, while the net profit after deducting non-recurring items decreased by 11.46% to 39.3137 million yuan [6].

Core Insights - China National Petroleum Corporation (CNPC) has developed key corrosion control technologies for high-sulfur gas fields, achieving breakthroughs in independent intellectual property rights [1] - The new technology addresses the challenges of element sulfur deposition in pipelines, which can lead to blockages, and has resulted in a predictive management system with over 90% accuracy [1] - The team has also successfully localized the application of corrosion inhibitors, reducing costs and usage by 50% compared to international counterparts [2] Group 1 - The technology developed by CNPC includes a predictive model for element sulfur deposition, which improves prediction accuracy and location determination [1] - The corrosion control technology has been fully localized, supporting the scientific production and safe operation of key gas fields such as Luojiazai, Tieshanpo, and Dukouhe [1] - The corrosion control rate achieved is below 0.076 mm/year, indicating significant advancements in managing corrosion in high-sulfur environments [2] Group 2 - The team has created a material selection chart specifically for high-sulfur gas fields, addressing the challenges posed by hydrogen sulfide and element sulfur coexistence [1] - The application of pre-film and continuous injection of corrosion inhibitors has been fully realized domestically for the first time [2] - The development of related patents around these core technologies is underway, further strengthening CNPC's position in the industry [1]

Industry Overview - Water treatment agents, also known as water treatment chemicals, are essential for controlling scale, sludge formation, and removing suspended solids and toxic substances from water [1][4] - The industry has seen significant growth, with the market size in China projected to reach 48 billion yuan in 2024, up from 28.48 billion yuan in 2018 [1][6] Market Demand - The demand for water treatment agents is driven by rapid economic development, urbanization, and increasing industrial and agricultural activities, leading to higher wastewater discharge [1][6] - The market for wastewater treatment agents alone reached approximately 39.76 billion yuan in 2023, reflecting a year-on-year growth of 5.97% [18] Policy Support - Several national policies, including the "13th Five-Year Plan" and the "Action Plan for the Development of Seawater Desalination Utilization (2021-2025)," emphasize the importance of water treatment agents and promote their application [6][20] - The government is encouraging the use of environmentally friendly water treatment agents and has introduced various incentives for investment in this sector [8][20] Competitive Landscape - The water treatment agent market is characterized by a low concentration of large players, with many small and medium-sized enterprises competing [12] - Leading companies such as Qing Shui Yuan, Bao Mo Co., and Tai He Technology are enhancing their competitiveness through technological innovation and market expansion [12][14] Product Types and Market Share - The market includes various types of water treatment agents, with flocculants leading at a 4% market share, followed by corrosion inhibitors and biocides at 1% and 6%, respectively [10] - Other agents like pH regulators and scale inhibitors also hold significant market shares, contributing to the overall diversity of the product offerings [10] Future Trends - The industry is expected to continue growing due to increasing downstream application demands and stricter environmental regulations [18][20] - Technological advancements are leading to the development of new types of water treatment agents, such as bio-flocculants and green oxidants, which enhance treatment efficiency while minimizing environmental impact [19] - The regulatory environment is becoming more stringent, promoting a shift towards standardized and sustainable practices within the industry [20]

泰和科技收盘上涨1.39%，滚动市盈率33.33倍，总 市值36.63亿元 最新一期业绩显示，2024年三季报，公司实现营业收入16.59亿元，同比1.25%；净利润8374.91万元， 同比-27.61%，销售毛利率14.04%。 序号股票简称PE(TTM)PE(静)市净率总市值(元)96泰和科技33.3325.821.5436.63亿行业平均 46.6850.802.9379.97亿行业中值37.0937.622.2840.94亿1宏柏新材-5864.6458.741.9738.16亿2北化股 份-2190.43106.712.1159.24亿3锦鸡股份-854.27249.962.3339.62亿4渝三峡A-650.88-68.381.9123.80亿5富 淼科技-342.88-342.881.2416.87亿6石大胜华-183.93394.841.9073.94亿7信德新材-142.1787.391.3436.09亿 8ST联创-120.48326.192.1741.48亿9乐通股份-106.19635.3038.8023.08亿10凯美特气-99.96-170.232.1743.60 亿11宝利国际 ...

Core Points - Taihe Technology's stock closed at 16.15 yuan, down 2.24%, with a rolling PE ratio of 32.10 times and a total market value of 3.528 billion yuan [1] - The average PE ratio in the chemical products industry is 45.49 times, with a median of 36.14 times, placing Taihe Technology at the 95th position in the industry ranking [1] - The company experienced a net outflow of 10.4543 million yuan in principal funds on March 24, with a total outflow of 28.8762 million yuan over the past five days [1] Company Overview - Taihe Technology specializes in the research, production, and sales of water treatment agents, including scale inhibitors, corrosion inhibitors, biocides, chelating agents, dispersants, reverse osmosis agents, and detergents [1] - The company has received numerous accolades, including being recognized as a national intellectual property advantage enterprise and a leader in the new materials and new energy industry in Shandong [1] Financial Performance - For the third quarter of 2024, the company reported an operating income of 1.659 billion yuan, a year-on-year increase of 1.25%, and a net profit of 83.7491 million yuan, a year-on-year decrease of 27.61% [2] - The sales gross margin for the company stands at 14.04% [2]