Shandong Longhua New Material Co., Ltd.

Shandong Longhua New Material has obtained project approval for a new construction project to produce 200,000 tons of environmentally friendly polyether series products annually in Gaoqing County, Shandong. The total investment is RMB 600 million, with construction from 2026 to 2028.

Shandong Longhua New Material plans to invest CNY 7.3 billion (USD 1.1 billion) to build a nylon 66 chip factory in Zibo, Shandong province, with an annual capacity of 1.08 million tons. Construction will be in three phases, with completion expected by June 2028.

Longhua New Material plans to build a 20万吨/年 electronic-grade ethylene carbonate project in Gaoqing County, Shandong, with a total investment of CNY 320 million. The project will be built in three phases from 2022 to 2026.

Longhua New Material's subsidiary Shandong Longhua Polymer Materials plans to build a 108万吨/年 PA66 project in Gaoqing County, Shandong, with a total investment of CNY 7.3 billion. The project will be built in three phases from 2022 to 2028.