# Befar Group invests 1.822B yuan in halogenated butyl rubber project in Shandong

Befar Group announced a 1.822 billion yuan investment through its subsidiary Shandong Binhua New Materials to build a 70,000 tons/year halogenated butyl rubber project in Binzhou, Shandong, with a construction period of 2 years.

- Type: Investment
- Announced: 2026-07-18
- Where: Beihai Economic Development Zone, Binzhou, Shandong, China
- Value: $256.0M (1.82B CNY)
- Status: announced
- Capacity: 70,000 tons/year halogenated butyl rubber
- Products: halogenated butyl rubber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Befar Group](https://endata.com/companies/35077.md)
- [Shandong Binhua New Materials](https://endata.com/companies/93114.md) (partner)

## Sources

- [en.wedoany.com](https://en.wedoany.com/shortnews/415895.html), 2026-07-21: "Befar Group announced on July 18 that it plans to build a 250,000 tons/year specialty rubber integrated project through its wholly-owned subsidiary Shandong Binhua New Materials Co., Ltd., and will initially launch the first phase of a 70,000 tons/year halogenated butyl rubber project."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.