Keyuan Petrochemicals, Inc. to Host Fourth Quarter 2011 Financial Results Conference Call at 11:30 am ET on Wednesday, April 18th

NINGBO, China, April 13, 2012 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals, Inc. (OTCQB: KEYP) ("Keyuan or the "Company"), a leading merchant manufacturer of various petrochemical products in China, announced today that it will host a conference to discuss its fourth quarter and full year 2011 financial results at 11:30 am ET on April 18th, 2012.

Mr. Chungfeng Tao, Chief Executive Officer of Keyuan, and Mr. Fan Zhang, Chief Financial Officer, will host the conference call. To attend the call, please use the dial in information below.

Please dial in at least 10 minutes before the call to ensure timely participation.

A playback of the call will be available until 9:00 am ET on April 27, 2012. To listen, call 1-877-344-7529 within the United States or 1-412-317-0088 when calling internationally. Please use the replay pin number 10013046.

About Keyuan Petrochemicals, Inc.

Keyuan Petrochemicals, Inc., established in 2007 and operating through its wholly-owned subsidiary, Keyuan Plastics, Co. Ltd., is located in Ningbo, China and is a leading independent manufacturer and supplier of various petrochemical products. Having commenced production in October 2010, Keyuan's operations include an annual petrochemical manufacturing design capacity of 720,000 MT for a variety of petrochemical products, with facilities for the storage and loading of raw materials and finished goods, and a technology that supports the manufacturing process with low raw material costs and high utilization and yields. In order to meet increasing market demand, Keyuan plans to expand its manufacturing capacity to include a SBS production facility which was completed in September 2011 and one production line has entered into commercial production by November 2011. The Company plans to add additional storage capacity, a raw material pre-treatment facility, an asphalt production facility, and an ABS production facility.

Safe Harbor Statement

This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. For example, statements about the future use of the proceeds are forward looking and subject to risks. Keyuan Petrochemicals, Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission on forms 10-K, 10-Q and 8-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, risks outlined in the Company's filings with the U.S. Securities and Exchange Commission, including its registration statement on Form S-1, as amended. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:   

Company:
Angel Gu
Keyuan Petrochemicals, Inc.
Phone: +0086-1-381-986-4827
Email: [email protected]
Web: www.keyuanpetrochemicals.com

Investor Relations:   
MZ Group – North America   
Ted Haberfield , President
Tel: +1-760-755-2716   
Email: [email protected]   
Website: http://www.mz-ir.com 

SOURCE Keyuan Petrochemicals, Inc.

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