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Recently, the Lanzhou Ecology and Environment Bureau issued a public notice regarding the acceptance of the environmental impact assessment document for Lanzhou Landa Industry and Trade Co., Ltd.’s 1,000-ton/year hydrogenated nitrile rubber production facility. It is reported that the total investment for this project amounts to 128.1483 million yuan. The construction period will run from February 2025 to August 2025, lasting 6 months. The site where the project will be built is located at the former site of the 45,000-ton/year butadiene extraction unit using carbon tetrafluoride, which is part of Lanzhou Petrochemical Company’s Rubber Operations Department. The area covered by the boundaries of this site is 3,264 m2, with a building area of 4,950 m2; in addition, there is an area of 10,229 m2 that includes roads and paved areas outside these boundaries. The main raw material for the project’s production line is nitrile latex, which is supplied by Lanzhou Petrochemical Company’s 35,000 tons per year nitrile rubber production facility; this corresponds to approximately 234,500 tons of latex per year. The amount of nitrile latex required for this project is 6,667 tons per year, and it is transported via pipelines. The operational flexibility of the equipment is 60%-110%. There is 1 production line, and there are 8 product grades, all of which are sold externally. According to available information, Lanzhou Landa Industry and Trade Co., Ltd. was established on January 29, 2003. It is currently a subsidiary of Lanzhou Zhonglu Chemical Group Co., Ltd., and it serves as a first-level supplier on the China Petroleum Procurement Network as well as a Class II contractor for engineering projects under China National Petroleum Corporation. Lanzhou Landa Industry and Trade Co., Ltd. is responsible for the investment and construction of a 1,000-ton/year hydrogenated nitrile rubber production facility within the premises of Lanzhou Petrochemical Company’s Rubber Operations Department, under the BOO model. By leveraging the technical advantages of Qingdao University of Science and Technology as well as the raw material and production strengths of Lanzhou Petrochemical Company, the two parties work together to develop high-performance products that are in high demand in the market. HNBR is a high-performance specialty elastomer obtained by hydrogenating nitrile rubber (NBR); it offers better durability and dynamic properties compared to NBR, making it suitable for harsh environments. In recent years, it shows great potential as a substitute in areas such as lithium-ion battery separators and adhesives. As the global demand for high-performance rubber products continues to rise, the demand for HNBR is also increasing. The new HNBR production capacity worldwide will be concentrated in the Asia-Pacific region, while demand from the oil and gas and automotive sectors will drive the growth of HNBR production capacity in downstream applications. From the perspective of mass production processes, HNBR can currently be prepared through two main methods: homogeneous solution hydrogenation or heterogeneous solution hydrogenation. HNBR has high technical barriers; there are numerous challenges that need to be overcome in the production process of hydrogenated nitrile rubber, which places considerable demands on a company’s research and development capabilities as well as its technical expertise.