Befar Group

Activity by year

201820192020202120222023202420252026

InvestmentContractAcquisition

Sep 22, 2023ACQUISITIONChina$166.0M
Befar Group to acquire 35.6% stake in Lubei Group for $1.7B
Befar Group (Binhua Co., Ltd.) announced it will acquire 100% of Hainan Jinyuan New Materials for 1.211 billion yuan, indirectly obtaining a 35.6% stake in Shandong Lubei Enterprise Group, a large chemical conglomerate.
Befar Group acquirer Hainan Jinyuan New Materials target Shandong Lubei Enterprise Group target #Specialty Chemicals beta.zhitongcaijing.com
Jun 28, 2022CONTRACTShandong Province, China
Indorama licenses MTBE technology to Shandong Binhua for new plant
Indorama Ventures has signed a license agreement with Shandong Binhua New Material Co., Ltd. to build a propylene oxide, TBA and MTBE co-production unit in Shandong, China. The plant will use Indorama's proprietary single-step MTBE technology.
Indorama Ventures partner Befar Group partner Shandong Binhua New Material Co., Ltd. partner #Specialty Chemicals chemengonline.com
Oct 23, 2018INVESTMENTShandong province, China$5.00M
Befar Group invests CNY34.8M in difluoromethane production line
Befar Group will invest CNY34.8 million to upgrade its factory with a new production line for difluoromethane (R32), a clean refrigerant, with an annual output of 10,000 tons.
Befar Group #Specialty Chemicals www2.yicaiglobal.com

Site	Largest	Latest
Shandong province, China	$5.00M	2018-10-23

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