Gulf Resources, Inc..
GURE.US | Manufacture of basic chemicals
Gulf Resources, Inc. is a specialty chemical and pharmaceutical company. It operates through four segments: Bromine, Crude Salt, Chemical Products, and Pharmaceutical. The Bromine segment produces bromine for various industrial applications. The Crude Salt segment produces crude salt for use in the ...Show More
Better Health for All
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No evidence available to assess Gulf Resources, Inc. on Better Health for All.
Fair Money & Economic Opportunity
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No evidence available to assess Gulf Resources, Inc. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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The provided articles do not contain specific, quantifiable data points for any of the KPIs under the 'Fair Pay & Worker Respect' category. Information regarding living wage coverage, median employee compensation (to calculate CEO pay ratio), collective bargaining share, safety incident rates, pay equity, worker engagement, employee turnover, insecure contract share, or health insurance coverage is not explicitly stated.
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While CEO compensation for 2023 is mentioned as US$61k, median employee compensation is not provided, preventing calculation of the CEO to median pay ratio.
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Nasdaq non-compliance notices are mentioned, but these relate to listing requirements and not to labor-law or human-rights violations.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Gulf Resources, Inc. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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The company has not reported any financial restatements in the past five years.
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However, Gulf Resources, Inc. received non-compliance notices from Nasdaq on August 20, 2024, for failing to timely file its Q2 2024 10-Q report.
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This followed previous notices for delayed filings of its 2023 10-K and Q1 2024 10-Q.
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The company faces potential delisting if it does not file the delinquent reports by October 14, 2024.
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Kind to Animals
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The provided articles do not contain any information or data points relevant to Gulf Resources, Inc.'s animal welfare practices, cruelty-free certifications, animal testing policies, or any other metrics related to the 'Kind to Animals' ethical value. All articles explicitly state a lack of relevant data for this assessment.
No War, No Weapons
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The provided articles do not contain specific, concrete data points for any of the KPIs related to the 'No War, No Weapons' ethical value. While one article notes that all sales are stated to be within the People's Republic of China,
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this fact does not directly address whether these sales are to embargoed or sanctioned regimes, nor does it confirm the absence of dual-use technology or other military-related activities. Statements like 'no explicit mention' or 'no data available' for specific KPIs indicate an absence of evidence, not a scoreable fact. Therefore, all KPIs are omitted due to a lack of explicit evidence.
Planet-Friendly Business
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Gulf Resources, Inc. lacks publicly available data across all assessed Planet-Friendly Business KPIs. No information is provided regarding carbon emissions, renewable energy use, water consumption, waste diversion, or any environmental targets or initiatives.
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While some facilities experienced temporary closures due to government-mandated environmental compliance or review processes, no specific data on environmental compliance violations, fines, or certifications is available.
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Respect for Cultures & Communities
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No specific, concrete data points were found in the provided articles for Gulf Resources, Inc. (GURE.US) regarding its respect for cultures and communities. Articles explicitly mentioning GURE.US (Articles
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) stated a lack of relevant data for this value. Other articles referred to different companies with similar names (e.g., 'Gulf Energy', 'Century Zinc Ltd', 'GPS') operating in different geographical regions (e.g., Australia, Thailand) than GURE.US, which primarily operates in China.
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Safe & Smart Tech
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No specific, concrete data points were found in the provided articles to assess GURE.US against any of the 'Safe & Smart Tech' KPIs.
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All articles contained placeholder content explicitly stating that no relevant data was available for any metric.
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Zero Waste & Sustainable Products
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Gulf Resources Inc. is involved in waste reduction initiatives, including contracts for pyrolysis plants in Maine, Texas, Oklahoma, and Colorado, designed to process 4,000 to 6,000 used tires per day into fuel oil, gas, steel, and carbon black.
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The company also spent millions on restoring the Bunker Hill mine site to clean up toxic waste.
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However, the company has a history of poor hazardous waste management, as evidenced by its responsibility for cleaning up toxic waste from 100 years of mining at the Bunker Hill mine site.
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In 1973, a fire destroyed pollution controls at the smelter, yet production continued, leading to the release of tons of lead dust.
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This incident constitutes a minor waste disposal violation. Furthermore, Duane Plank, associated with the tire pyrolysis efforts, claims he can recover half the weight of a tire in usable fuel oil, which is the industry average for material efficiency.
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