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 Shandong Yuyang New Energy Co., Ltd. is a newly established company located on the west side of Fenghuang 4th Road, north of Wutong 9th Road, Binbei Industrial Park, Binzhou City, Shandong Province. The factory covers an area of 109 mu. The first phase of the project has an investment of 140 million yuan. It is planned to start trial production in October 2011, and the second phase will be completed by the end of 2012, with an annual output of 240,000 tons and a total investment of 280 million yuan. After the second phase is put into production, the average annual sales income is 2.5 billion yuan. The project has good economic benefits. Increasing national taxation will drive the local economy!
The main product is "expandable polystyrene plastic beads". Expandable polystyrene (EPS for short) is currently recognized as a simple and economical packaging material and lightweight building insulation material. The current annual growth rate is more than 10%. Therefore, Shandong Yuyang New Energy Co., Ltd. was established to meet the needs of market growth, provide customers with high-quality and low-cost EPS products, and jointly promote the development of the EPS industry.
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