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INCOME TAXES (Narrative) (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Income Taxes [Line Items]          
Applicable statutory tax rate 25.00% 25.00% 25.00% 25.00%  
Accumulated undistributed earnings $ 193,475,905   $ 193,475,905   $ 180,939,187
Unrecognized withholding tax 8,599,714   8,599,714   7,965,999
Increase in valuation allowance $ 127,541 $ 1,578,170 $ 457,854 $ 2,775,153  
Shouguang City Haoyuan Chemical Company Limited [Member]
         
Income Taxes [Line Items]          
Applicable statutory tax rate     25.00%    
Applicable withholding tax rate on distribution of profit earned by foreign-owned enterprises to foreign investors     5.00%    
Shouguang Yuxin Chemical Industry Company Limited [Member]
         
Income Taxes [Line Items]          
Applicable statutory tax rate     25.00%    
UNITED STATES
         
Income Taxes [Line Items]          
Applicable statutory tax rate     34.00%    
HONG KONG
         
Income Taxes [Line Items]          
Applicable statutory tax rate 16.50% 16.50% 16.50% 16.50%