reports
Entering into a transition period
​Swancor is a manufacturer of specialty chemicals. It is focused on wind blade & corrosion resistance materials and the key supplier to Goldwind (2208 HK; NR), China’s first wind turbine OEM player. Swancor has indicated new growth drivers including 1) new international clients in India; 2) adhesive resin (to be approved in 4Q16F); 3) carbon fiber products (to be approved in 2016F); 4) new wind blade resin capacity of 40k tons/year (mass production in 1Q17F).
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