On April 15, it was reported that Shandong Rike Rubber and Plastic Technology Co., Ltd. is located in Zhanhua Economic Development Zone. Through a complete set of independently developed process packages, it has successfully produced ultra-high cold resistance, high heat resistance, high weather resistance, and ultra-high flame retardant Special rubber. This innovative product is not only expected to achieve technological improvement and replacement of traditional rubber, but will also break the market monopoly of international chemical giants on certain rubber products and inject new vitality into key areas such as China's photovoltaic industry.

It is reported that Shandong Rike Rubber and Plastic Technology is an important subsidiary of Shandong Rike Chemical Co., Ltd. Since its establishment, it has relied on its strong research and development capabilities to continuously launch plastic modifiers with international leading levels. Among them, ACM series products are the world's first and are widely used in many fields, becoming an important part of the country's key new materials industries.

According to the Masterbatch Industry Network, the company's phase three project in Zhanhua Economic Development Zone has been successfully completed and put into trial production, with a total investment of 1.5 billion yuan. The project includes an annual output of 200,000 tons of ACM, 200,000 tons of rubber film and 200,000 tons of ionic membrane caustic soda technical transformation. Once fully put into production, its ACM production capacity will reach 350,000 tons, which is expected to account for 50% of the global market, making Shandong Rike Rubber and Plastic Technology the world's largest ACM production base.

In addition, the company also plans to build a complete industrial chain, from chlor-alkali to ACM, to film and rubber products, aiming to create a rubber industry cluster with an output value of 60 - 80 billion yuan. This ambitious plan will not only promote local economic development and provide a large number of job opportunities, but will also enable Shandong Rike Rubber and Plastic Technology to occupy an irreplaceable and important position in the world rubber industry.

With the signing and implementation of the fourth phase project, the company's total investment in Zhanhua will reach 2.83 billion yuan. It is estimated that after all projects are completed, they will achieve an output value of 12.5 billion yuan and contribute 1.5 billion yuan in tax revenue to the local government, further consolidating the status of Zhanhua District of Binzhou as an important investment destination for enterprises. Through close cooperation with local governments and marine chemicals, Shandong Rike Rubber and Plastic Technology has not only achieved its own rapid development, but also made significant contributions to the prosperity of the local economy.