Gushan Environmental Energy
Corporate brand
UnclaimedGushan Environmental Energy was a Chinese biodiesel producer that operated a multi-site manufacturing network and sold renewable diesel substitutes and associated chemical by-products.
Last updated August 26, 2026
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Overview
Gushan Environmental Energy Limited was a Chinese renewable-energy company focused on biodiesel production and the sale of chemical co-products generated during biodiesel manufacture. The company was incorporated on May 16, 2006, although its operating history extended back to 2001, when its Sichuan business began producing biodiesel. Its activities were organized through regional operating companies and production facilities in Beijing, Shanghai, Mianyang in Sichuan province, Handan in Hebei province, and Fuzhou in Fujian province. These sites gave the company coverage across northern, inland, and southeastern parts of China. The core product was biodiesel made primarily from vegetable-oil processing residues and used cooking oil. Biodiesel is a biodegradable, renewable fuel that can be blended with conventional diesel and used in trucks, public-transit vehicles, marine vessels, generators, and other diesel engines. Gushan sold biodiesel in China to direct customers and intermediaries, including marine operators, petroleum wholesalers, and independently operated retail filling stations. The company’s commercial proposition combined alternative-fuel production with the recovery of value from waste oils and other low-cost feedstocks obtained from local suppliers. Gushan also marketed by-products from its manufacturing process. These included glycerol and refined glycerine, plant asphalt, erucic acid, erucic amide, and stearic acid. Depending on the product, these materials had applications in food and beverages, pharmaceuticals, personal-care products, plastics, lubricants, cosmetics, soaps, candles, coatings, fabric treatment, and industrial manufacturing. This co-product model was important because it broadened the company’s revenue base beyond fuel and linked its operations to several downstream chemical markets. The company expanded rapidly during the first decade of the 2000s. Its aggregate annual biodiesel capacity rose from 40,000 tons in 2004 to 70,000 tons in 2005, 170,000 tons in 2006, and approximately 190,000 tons by November 2007, according to the cited company history. Additional lines and new facilities subsequently increased stated capacity to approximately 240,000 tons per year after a 50,000-ton line was added at the Beijing plant in January 2008. Gushan also announced plans involving proposed facilities in Hunan and Chongqing and stated a target of reaching 400,000 tons of annual capacity by the end of 2008. The reference material does not establish whether that target was achieved. Gushan became a publicly traded company in the United States when 18 million American Depositary Shares began trading on the New York Stock Exchange on December 19, 2007, under the symbol GU. Its reported competitors included China Biodiesel International Holdings, East River Energy Resources, Sinopec, CNOOC, and PetroChina. The company announced completion of a privatization on October 17, 2012, together with suspension of its NYSE ADS trading. After that transaction, the company no longer operated as a publicly listed NYSE issuer. The available reference material does not provide enough information to describe its subsequent operating status, ownership, or whether the underlying businesses continued under the same brand.
History
Gushan’s operating history began in 2001 with the establishment of Sichuan Gushan Vegetable Fat Chemistry Company in Mianyang, Sichuan. The facility began biodiesel production with stated annual capacity of 10,000 tons. In 2003, Handan Gushan Bio-sources Energy Company was established in Hebei and began constructing a production line designed for 30,000 tons per year. That line entered production in 2004. The company expanded its Sichuan operations in 2004 by adding another 30,000-ton line, taking the facility’s stated annual capacity to 40,000 tons. The same year, Gushan obtained ISO 9001:2000 quality-management certification. In 2005, Fujian Gushan Bio-diesel Energy Company was established in Mawei, Fuzhou, Fujian province. It began construction of a facility designed for 100,000 tons of annual biodiesel capacity, which commenced production in 2006. Gushan Environmental Energy Limited was incorporated on May 16, 2006. During that year, the group also established Shanghai Gushan Bio-sources Energy Technologies Company and Beijing Gushan Bio-sources Energy Company. The expansion of its regional manufacturing network was intended to position production nearer to feedstock sources and customers in different parts of China. By 2006, the company’s aggregate annual biodiesel capacity was stated at 170,000 tons, and it reported production and sales of 158,994 tons of biodiesel for that year. In 2007, Gushan added a 20,000-ton biodiesel line at its Sichuan facility, bringing the stated capacity of that site to 60,000 tons per year. The group’s aggregate capacity was described as approximately 190,000 tons by November 1, 2007. On December 19, 2007, 18 million American Depositary Shares began trading on the NYSE under the symbol GU, giving the company access to U.S. public equity markets. The expansion program continued in 2008. On January 24, a 50,000-ton biodiesel production line was added at the newly opened Beijing plant, increasing stated aggregate capacity to 240,000 tons per year. On February 19, the company announced that Chongqing Gushan Bio-Sources Energy Company and Hunan Gushan Bio-Sources Energy Company had entered into agreements to acquire land-use rights for proposed production facilities. Gushan stated an objective of reaching 400,000 tons of annual biodiesel capacity by the end of 2008, but the available reference material does not confirm completion of that objective or the subsequent performance of the proposed sites. The company’s manufacturing model produced biodiesel together with glycerol, plant asphalt, erucic acid, erucic amide, and stearic acid. These co-products were sold or intended for use in food, pharmaceutical, personal-care, plastics, lubricant, textile, and other industrial applications. Feedstock procurement was primarily local to each production facility and centered on vegetable-oil offal and used cooking oil. By 2009, the disclosed board structure consisted of five directors, including three independent directors. The named directors were Jianqiu Yu, Deyu Chen, Kang Nam Chu, Dongming Zhang, and Denny Lee. The company competed with specialist biodiesel businesses as well as large Chinese petroleum and energy groups, including China Biodiesel International Holdings, East River Energy Resources, Sinopec, CNOOC, and PetroChina. On October 17, 2012, Gushan announced completion of its privatization and suspension of trading in its NYSE American Depositary Shares. The available sources do not establish the identity of the privatization buyer, the post-privatization ownership structure, the company’s later operations, or the precise date on which the Gushan brand ceased trading or operating.
- 2012
Privatization completed
[1]The company announced completion of privatization and suspension of its NYSE ADS trading.
- 2008
Beijing capacity added
[1]A 50,000-ton line at the Beijing plant raised stated aggregate biodiesel capacity to 240,000 tons per year.
- 2007
Sichuan expansion and NYSE listing
[1]A 20,000-ton line increased Sichuan capacity to 60,000 tons per year. On December 19, 18 million ADSs began trading on the NYSE under GU.
- 2006
Company incorporated and regional network expanded
[1]Gushan Environmental Energy Limited was incorporated, while Shanghai and Beijing operating companies were established. The group’s stated aggregate capacity reached 170,000 tons per year.
- 2005
Fujian subsidiary established
[1]Fujian Gushan Bio-diesel Energy Company was established in Fuzhou and began developing a facility designed for 100,000 tons of annual capacity.
- 2004
Capacity expansion and ISO certification
[1]A 30,000-ton line was added in Sichuan, raising stated site capacity to 40,000 tons per year, and the company obtained ISO 9001:2000 quality certification.
- 2003
Handan facility development begins
[1]Handan Gushan Bio-sources Energy Company was established in Hebei and began building a 30,000-ton-per-year biodiesel production line.
- 2001
Sichuan biodiesel operations established
[1]Sichuan Gushan Vegetable Fat Chemistry Company was established in Mianyang, Sichuan, and began biodiesel production with stated annual capacity of 10,000 tons.
Products and positioning
A Chinese alternative-fuels and renewable-materials producer combining biodiesel manufacturing with the commercialization of process by-products.
Renewable fuel · 2001
Biodiesel
Gushan’s principal product was biodiesel made mainly from vegetable-oil processing residues and used cooking oil. It was marketed as a renewable, biodegradable, clean-burning alternative or blending component for conventional diesel. Typical applications included trucks, mass-transit vehicles, marine vessels, generators, and other diesel engines. The company sold to direct users and distribution intermediaries in China, including marine operators, petroleum wholesalers, and individual retail filling stations.
Chemical by-product
Glycerol and refined glycerine
Glycerol and refined glycerine were recovered from biodiesel production and supplied for commercial uses requiring a colorless, odorless, nontoxic liquid. Referenced applications included food and beverages, pharmaceuticals, personal-care products, soap, shampoo, lotion, lubricants, solvents, and related formulations.
Industrial chemical by-product
Plant asphalt
Plant asphalt was described as a distillation residue generated during biodiesel production. Its cited commercial uses included boiler fuel, casting plaster, and stain removal, allowing the company to monetize material that might otherwise have been treated as production residue.
Fatty-acid derivative
Erucic acid
Erucic acid was identified as a fatty-acid co-product that could be used in lubricants and polyester production, skin- and health-care products, photographic-film manufacturing, and transmission-fluid additives.
Industrial additive
Erucic amide
Erucic amide was described as a commercial by-product with use as an anti-felting and antistatic treatment for fabrics and as a lubricant or processing aid in plastics.
Fatty acid
Stearic acid
Stearic acid was listed among the company’s biodiesel-related products. Its referenced downstream uses included the manufacture of plastics, soaps, cosmetics, and candles.
Brand decisions
2012
Privatization and withdrawal from the NYSEM&ABackground
Gushan remained a U.S.-listed issuer until the company pursued a privatization transaction.
Action taken
The company announced completion of the privatization and suspension of trading in its NYSE American Depositary Shares.
Aftermath
Gushan was no longer an NYSE-listed company. The buyer, transaction value, and subsequent ownership structure are not established by the available source.
2008
Planned expansion into Hunan and ChongqingStrategyBackground
Gushan sought to increase biodiesel capacity beyond its existing Beijing, Shanghai, Sichuan, Hebei, and Fujian network and stated a target of 400,000 tons of annual capacity by the end of 2008.
Action taken
Newly established subsidiaries entered agreements to acquire land-use rights in Chongqing and Hunan for proposed biodiesel facilities.
Aftermath
The available reference material does not confirm whether the planned facilities were completed or whether the stated capacity target was reached.
2007
Initial public offering on the NYSEOtherBackground
The company pursued access to U.S. public equity markets during a period of rapid biodiesel-capacity expansion.
Action taken
Eighteen million American Depositary Shares began trading on the New York Stock Exchange under the symbol GU.
Aftermath
The ADSs later ceased trading after the company completed a privatization in 2012.
Sources1 sources
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