Daon Group in Qingdao, Shandong, invests 1.03 billion yuan in a polymer new materials project

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Project Name: Daon Group’s High-Polymer New Materials Project
Launch Date: October 29, 2025
Location: Shandong Province
Industry/Project Type: Chemicals and Pharmaceuticals/Chemical Raw Materials and Chemical Products/Synthetic Materials
Project Owner: Daon Group Co., Ltd.
Total Investment: 1.03 billion yuan
Current Progress: Project registration completed
Construction Location: Jiulong Sub-district Office, Jiaozhou City, Qingdao Province, Shandong Province – east of the Shenhai Expressway, west of the Qinglian Railway, north of the Yuejin River, and south of Daluo Gozhuang
Project Details: The project utilizes a green and low-carbon melt blending extrusion process, in which various polymers and functional additives are mixed in their molten state and then granulated through screw extrusion. Upon completion, it will be capable of producing 200,000 tons per year of lightweight, high-strength composite high-polymer materials. All processing steps involve physical modification only, with no chemical reactions taking place. 100 intelligent production lines will be built, including 16 production lines for the annual production of 50,000 tons of polypropylene composite materials and patented products for use in vehicles; the raw materials and auxiliary substances such as polypropylene, toughening agents, antioxidants, and wear-resistant additives are all purchased from external suppliers ； There are 16 production lines for patented products consisting of 50,000 tons per year of acrylonitrile-butadiene-styrene copolymer composites and materials for use in vehicles; the raw materials and auxiliary substances such as acrylonitrile-butadiene-styrene copolymer, flame retardants, toughening agents, and antioxidants are all purchased from external suppliers ； There are 14 production lines capable of producing 20,000 tons of polycarbonate composite materials and patented products for use in vehicles each year; the raw materials and auxiliary substances such as polycarbonate, glass fiber, compatibilizers, and antioxidants are all purchased from external suppliers ； There are 14 production lines capable of manufacturing 20,000 tons per year of glass fiber-reinforced nylon composite materials and patented products for use in vehicles; the raw materials and auxiliary substances such as nylon, glass fiber, flame retardants, and antioxidants are all purchased from external suppliers ； There are 14 production lines capable of producing 25,000 tons per year of functional masterbatch materials and patented products for use in automotive applications; the carrier resins, functional additives, dispersants, and other raw materials are all purchased from external suppliers ； There are 14 production lines capable of producing 20,000 tons per year of high-quality colored fiber masterbatches and patented products for use in automotive applications; the resin carriers, high-quality pigments, dispersants, and other raw materials are all purchased from external suppliers ； There are 12 production lines capable of producing 15,000 tons per year of biodegradable modified materials and patented products for use in vehicles; the raw materials and auxiliary substances such as biodegradable resins, compatibilizers, and antioxidants are all purchased from external suppliers. 320 units of supporting facilities and equipment such as power distribution, fire protection, and environmental protection systems were purchased for the automated extrusion line and its integrated photovoltaic energy storage system; the total construction area is 252,000 square meters, including digital workshops, smart warehouses, R&D buildings, a SCO demonstration and exhibition center, as well as their associated infrastructure. Progress milestone: October 28, 2025. The project was registered in September 2025. (Project Filing)