Yantai Wanhua Petrochemical Valuation, Funding & Investors

Yantai Wanhua Petrochemical is valued at $2.6B as of April 2025.

Last Yantai Wanhua Petrochemical valuation

$2.6B

Strategic investment · Apr 2025

Last Yantai Wanhua Petrochemical funding round

$638M

Strategic investment · Apr 2025

Cumulative funding Yantai Wanhua Petrochemical raised

$638M

across 1 funding round

Key investors in Yantai Wanhua Petrochemical

  • Petrochemical Industries

Yantai Wanhua Petrochemical Overview

About Yantai Wanhua Petrochemical

Yantai Wanhua Petrochemical is a wholly owned subsidiary of Wanhua Chemical Group that operates a cluster of petrochemical production units in Yantai, China. The facility produces high-value chemicals including propylene oxide, tert-butyl alcohol, acrylic acid, and butyl acrylate, supplied in part through long-term feedstock agreements such as a supply arrangement with Kuwait Petroleum. In 2025, Kuwait's Petrochemical Industries Company acquired a 25% stake in the business, its largest investment in China's petrochemical sector to date.


Founded

2015

HQ

ChinaChina

Website

whchem.com

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$2.6B (Apr 2025)

Yantai Wanhua Petrochemical Valuation

Yantai Wanhua Petrochemical is currently valued at $2.6B, based on its strategic investment round in April 2025.

The $638M round was led by Petrochemical Industries.

Yantai Wanhua Petrochemical valuation by funding round

Yantai Wanhua Petrochemical valuation by funding round
DateStageValuation
Apr 2025Strategic investment$2.6B

Yantai Wanhua Petrochemical Funding History

Yantai Wanhua Petrochemical has raised a total of $638M across 1 funding round.

Yantai Wanhua Petrochemical funding rounds

Yantai Wanhua Petrochemical funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2025Strategic investmentPetrochemical Industries (lead)$638M$2.6BYantai Wanhua Petrochemical Co., Ltd., a wholly owned subsidiary of Wanhua Chemical Group, operates a cluster of advanced petrochemical units in Yantai, China, producing high-value chemicals including propylene oxide (PO), tert-butyl alcohol (TBA), acrylic acid (AA), and butyl acrylate (BA). This facility benefits from long-term partnerships, such as a 2013 supply agreement with Kuwait Petroleum for LPG resources, establishing Wanhua as China's first company with CP price recommendation rights and ensuring stable operations. On April 25, 2025, Kuwait’s Petrochemical Industries Company (PIC), a subsidiary of Kuwait Petroleum Corporation (KPC), acquired a 25% stake in Yantai Wanhua Petrochemical for $638 million, marking Kuwait's largest investment in China's petrochemical sector. The deal, signed by PIC CEO Nadia Al-Hajji and Wanhua President Qu Guangwu (with attendance from KPC and Wanhua executives), values the full entity at approximately $2.55 billion post-money. Citi advised financially and Ashurst legally for PIC. The strategic partnership diversifies PIC’s portfolio into Asia’s downstream sector, provides Wanhua access to Gulf feedstocks, and shifts from traditional oil exports to value-added investments. It aligns with KPC’s 2040 objectives, fosters innovation in intelligent manufacturing and green technologies, and strengthens economic ties between Kuwait and China. The acquisition was completed around September 2025 per some reports.

Who has invested in Yantai Wanhua Petrochemical?

1 investor has backed Yantai Wanhua Petrochemical across its funding rounds, including Petrochemical Industries.

Lead investors include Petrochemical Industries.


Yantai Wanhua Petrochemical Investors

Investors in Yantai Wanhua Petrochemical by funding rounds participated
InvestorHQRoundsRoleFirst check

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Yantai Wanhua Petrochemical Competitors

Yantai Wanhua Petrochemical competitors include listed companies like Shanghai Petrochemical, WD-40, Hawkins and Dorian LPG, and private ones like Cepsa and Fujian Deer Technology.

Public and private companies comparable to Yantai Wanhua Petrochemical
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Shanghai PetrochemicalChinaChinaPublicly listed$11B$23M$3.5B0.3x
CepsaSpainMadridPrivate--$12B-
WD-40United StatesUnited StatesPublicly listed$620M$113M$2.6B3.8x
Fujian Deer TechnologyChinaLongyanPrivate--$2.5B-
HawkinsUnited StatesUnited StatesPublicly listed$1.1B$175M$2.5B2.5x
Dorian LPGUnited StatesUnited StatesPublicly listed$482M$281M$2.5B5.0x

Yantai Wanhua Petrochemical Public Comps

Yantai Wanhua Petrochemical is still privately-owned, but its public comps include WD-40, Hawkins, Dorian LPG, BKV Corporation, Select Water, LandBridge, Quaker Houghton, Northern Oil & Gas, Odfjell Drilling and Sipchem.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
WD-40$620M$113M4.2x3.8x23.2x21.0x
Hawkins$1.1B$175M2.6x2.5x15.9x15.2x
Dorian LPG$482M$281M5.8x5.0x10.0x7.6x
BKV Corporation$1.1B$510M3.2x2.4x7.2x7.5x
Select Water$1.4B$218M2.1x2.0x13.7x9.2x
LandBridge$199M$126M17.1x14.5x27.2x16.2x
Quaker Houghton$1.9B$142M1.8x1.7x24.2x11.0x
Northern Oil & Gas$2.1B$1B2.6x2.3x5.1x3.4x

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Common questions about Yantai Wanhua Petrochemical

When was Yantai Wanhua Petrochemical founded?Yantai Wanhua Petrochemical was founded in 2015.
Where is Yantai Wanhua Petrochemical headquartered?Yantai Wanhua Petrochemical is headquartered in China.
Is Yantai Wanhua Petrochemical publicly listed?No, Yantai Wanhua Petrochemical is a private, VC-backed company.
What is Yantai Wanhua Petrochemical's valuation?Yantai Wanhua Petrochemical was last valued at $2.6B in its strategic investment round in April 2025.
How much funding has Yantai Wanhua Petrochemical raised?Yantai Wanhua Petrochemical has raised $638M across 1 funding round.
What was Yantai Wanhua Petrochemical's last funding round?Yantai Wanhua Petrochemical's last funding round was a $638M strategic investment round in April 2025, led by Petrochemical Industries.
Who are Yantai Wanhua Petrochemical's investors?Yantai Wanhua Petrochemical's investors include Petrochemical Industries.
Which companies are comparable to Yantai Wanhua Petrochemical?Companies comparable to Yantai Wanhua Petrochemical include Shanghai Petrochemical, Cepsa, WD-40, Fujian Deer Technology, Hawkins and Dorian LPG.

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