Founded in 1979, Shandong Shengquan Chemical Co., Ltd., a subsidiary of Jinan Shengquan Group, is a well-known trademark in Shandong Province, focusing on the research/development and comprehensive utilization of new biomass materials such as various plant straws

Founded in 1997, Shandong Shengquan Chemical Co., Ltd. (formerly Jinan Shengquan Hayworths Chemical Co., Ltd., a Sino-British joint venture), is a wholly-owned subsidiary of Jinan Shengquan Group, and is the largest phenolic resin production base in Asia, with an annual resin production capacity of 200,000 tons, and has become the largest supplier of phenolic resin in Asia. The company is the first to introduce foreign continuous production lines and production management models, with a production capacity of 50 million square meters / year of modified phenolic fireproof insulation board and 15 million square meters / year of modified polyurethane insulation board, with sufficient supply guarantee. In addition to the production base in Jinan, the company also has 4 subsidiaries in Yingkou, Liaoning, Dehui, Jilin, Changge, Henan, Bayannur, Inner Mongolia and other places, with 8 modified polyurethane foam production lines and 20 phenolic foam board production lines.