Shandong Longhua New Material Co., Ltd. was established in March 2011. It is located at 289 Weigao Road, Gaoqing Economic Development Zone, Zibo City, Shandong Province. The company has superior geographical position and convenient transportation. It is a large-scale enterprise of polyether polyols and polymer polyols series products to research and development, production and sales, as well as a state-level high-tech enterprise. The registered capital of the company is 360 million yuan, covering an area of 300 mu. The existing polyether polyol and polymer polyol workshops have a capacity of 200,000 tons per year.
The company was listed on the new third board in 2016 with the stock code 839122. In 2018, the company's new high-end polyether production line has prominent advantages in technology, product quality, cost control and other aspects. Meanwhile, the sales of company continue to increase substantially at home and abroad . By the end of 2018, the total assets and net assets of company were 668 million yuan and 481 million yuan respectively. And the annual sales revenue was 1.8 billion yuan. The company's production and sales of polymer polyols ranked first in China.
The company's high-end polyether production line is a unique set of production equipment with completely independent intellectual property rights in the whole country and even in the world. The device adopts a continuous production process path, which greatly improves the process efficiency, reduces the production cost compared with the old device, improves the monomer conversion rate, and stabilizes the product quality. And the products have the characteristics of low monomer residue, low odor, low VOC and low viscosity.
At the same time, the plant operates with low carbon to environmental protection and no three wastes produced. The production of POP by the key process technology without chain transfer agent is the first in China, which filling the gap in China. The technical indicators of the products are in the leading position in the world and can compete with similar products abroad. It was appraised by Shandong Quality Assessment Association as the excellent achievement of brand innovation in Shandong Province in 2018, and promoted the progress of polymer polyols in China.
The company always upholds the enterprise tenet of "integrity-based, win-win cooperation". Advocating the enterprise spirit of "quality-based survival, scientific management to win benefits, honest cooperation to expand the market, technological innovation to seek development". Adhering to the quality policy of "stabilizing product quality, meeting customer needs, continuously improving enterprises and creating better benefits". Implementing the business philosophy of "caring for employees and giving benefits to customers". Looking forward to the future, the company will continue to make great strides on the road of product diversification, extension and rationalization with industrial chain layout. The company strives to gradually develop into the most competitive production enterprises with polyether polyols (PPG) and polymer polyols (POP) in the industry, and creates world famous brands. The company's past development has been concerned and supported by all sectors of society. In the future, we will further provide customers with better products and services. We warmly welcome friends from all over the world to come to negotiate business and work hand in hand with Longhua and create a brilliant tomorrow.