# Huada Chemical Group breaks ground on $550M polyurethane resin plant in Yantai

Huada Chemical Group held a groundbreaking ceremony on December 5, 2020, for a 200,000 tons/year polyurethane resin project in Yantai, China. The total investment is RMB 550 million, and the plant will produce polyester polyol resin, water-based polyurethane resin, thermoplastic elastomer resin, and polyurethane resin for shoe soles.

- Type: New facility
- Announced: 2022-12-09
- Where: Yantai, Shandong, China
- Value: $84.0M (550.0M CNY)
- Status: under construction
- Capacity: 200,000 tons/year of polyurethane resin
- Products: polyester polyol resin, water-based polyurethane resin, thermoplastic elastomer resin, polyurethane resin for shoe soles
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Huada Chemical Group](https://endata.com/companies/67220.md)

## Sources

- [en.huada-chem.com](https://en.huada-chem.com/content/12/54/1.html), 2022-12-09: "The total investment is RMB 550 million, covering an area of 96,013.8 square meters."

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