Shandong Hongrui New Material Technology Development Co., Ltd.’s 200,000-ton per year polyisobutylene production project

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Shandong Hongrui New Materials Technology Development Co., Ltd.’s project to produce 200,000 tons of polyisobutylene per year. Project name: Shandong Hongrui New Materials Technology Development Co., Ltd.’s project to produce 200,000 tons of polyisobutylene per year. Date of initiation: September 4, 2025. Location: Shandong Province. Industry/project type: Chemicals and pharmaceuticals/Chemical raw materials and chemicals/Chemical raw materials. Project owner: Shandong Hongrui New Materials Technology Development Co., Ltd. Total investment amount: 1,422,050,000 yuan. Current progress: The project is under registration process. Construction location: Shanghe Economic Development Zone, Shanghe County, Jinan City, Shandong Province. Scope of construction: The total land area for the project is 316 mu, of which 238 mu is allocated for Phase 1 and 78 mu for Phase 2. The total construction area is approximately 25,500 square meters, and four production units will be built, including 7 polyisobutylene production lines with an annual capacity of 200,000 tons ； 1 high-purity isobutylene production line with an annual capacity of 50,000 tons. Progress milestone: 2025-09-02. The project was completed and registered in June 2025. (Project registration)