Shandong Huada Chemical New Material Co., Ltd. was established on June 7, 2018, and is a wholly-owned subsidiary of Huada Chemical Group Co., Ltd.With a registered capital of 30 million yuan, it is a professional supplier of thermoplastic polyurethane elastomer (TPU) and related products.Its products are used in a wide range of applications, including chemical, light industry, textile, construction, home appliances, building materials, transportation, aerospace, medical, automotive and other fields.
In response to the requirements of the Yantai Municipal Government to “retreat the city into the park”, the industrial technology upgrade and production scale expansion were carried out at the same time.Huada chemical group incorporated its wholly-owned subsidiary --Yantai Huada chemical Industry co., ltd. on March 26, 2015.
Company will build 200000 tons/year of polyurethane resin production projects and research and development center in two phases.After the completion of the project, it will become an important pole of the new chemical material industry cluster in shandong province.The project covers an area of 144 mu and a construction area of 64,000 square meters, with a total investment of 540 million yuan. The project is expected to be completed and put into operation by the end of 2017.