Founded in 1986, Yuhuang Chemical Group is an enterprise specializing in R&D, production and sales of fine chemicals and petrochemicals, integrating chemical products/logistics and transportation/new energy batteries/real estate development
Shandong Yuhuang Chemical (Group) Co., Ltd. was established in 1986, starting from a small village-run collective factory, has now developed into a private joint-stock large-scale multinational enterprise group, with a complete industrial chain from oil refining to fine chemicals, from basic organic chemicals to polymer materials, and its main business covers the research and development, production, sales and logistics of chemical products, new energy batteries, real estate development and other fields. At present, it has 5 production bases and 14 subsidiaries at home and abroad, with total assets of 20 billion yuan, covering an area of more than 7,000 acres and more than 6,000 employees. In August 2013, with the approval of the Ministry of Human Resources and Social Security, the company set up the first postdoctoral research station in Heze City, with more than 80 highly educated talents with master's degree or above, including 23 doctors.
The company invested 240 million yuan to jointly establish a new research and development center for polyolefin and chemical technology with Changchun Institute of Applied Chemistry of the Chinese Academy of Sciences and Dalian Institute of Chemical Physics of the Chinese Academy of Sciences. The R&D center has gathered more than 200 R&D personnel, cooperated with more than 10 universities and institutes, and embarked on the road of combining "production, learning and research", which has injected vitality into the rapid development of the company. The company has made major technological breakthroughs in C5 deep processing, polymer polymerization, alkane dehydrogenation, diesel additives, etc., and Yuhuang New Energy Technology Co., Ltd. has established good cooperative relations with Nanjing University, Harbin Institute of Technology, Wuhan University, etc. With more than 40 self-developed patents for the manufacturing and application technology of power lithium batteries, the use of the world's leading graphene technology to take the lead in solving the two fatal problems that plague the development of international lithium-ion power batteries is cycle service life and safety, and is also one of the few companies in the world with large-capacity fast-charging lithium battery production technology, and has successfully produced 10AhEV and HEV monomer batteries of different specifications, becoming a technology leader in the industry.
In June 2011, the intangible assets of the company's trademark reached 1.66 billion yuan after being appraised by Beijing North Asia Asset Appraisal Co., Ltd. In September 2013, with the approval of the Ministry of Human Resources and Social Security, the first enterprise postdoctoral research workstation in Heze City was established. The company has undertaken and implemented 2 national torch plans, 2 provincial major scientific and technological achievements, 9 provincial scientific and technological achievements, 31 invention patents and 1 utility model patent. The company has been awarded the honorary titles of "National Contract-abiding and Trustworthy Enterprise", "National Innovative Pilot Enterprise", "Advanced Enterprise of Energy Conservation and Consumption Reduction in Shandong Province", "Outstanding Contribution Enterprise of Combination of Industry, University and Research in Shandong Province", "Intellectual Property Pilot Enterprise of Shandong Province", "High-tech Enterprise of Shandong Province" and so on.
In February 2013, the company registered and established a North American subsidiary in Texas, USA. It has purchased more than 7,800 acres of land in Louisiana and plans to invest a total of $3.1 billion in construction projects in three phases. The groundbreaking ceremony was held in September 2015, and the project is expected to be completed and put into operation in early 2018.
