Binhua Co., Ltd. announced that it plans to build a 70,000 tons/year halobutyl rubber project through its wholly-owned subsidiary Shandong Binhua New Materials Co., Ltd., with an investment amount of 1,822 billion yuan. The project is planned to be built in two phases. The first phase is expected to start on June 30, 2027, with a construction period of 2 years. After the project is put into operation, the average annual revenue is expected to be 1,138 million yuan, and the net profit is about 104 million yuan. The payback period of the project investment is 9.51 years, the internal rate of return on project investment finance is 9.48%, and the internal rate of return on project capital is 13.98%. This project is not expected to have a significant impact on the company's business performance in 2026.

Zhitongcaijing · 1d ago
Binhua Co., Ltd. announced that it plans to build a 70,000 tons/year halobutyl rubber project through its wholly-owned subsidiary Shandong Binhua New Materials Co., Ltd., with an investment amount of 1,822 billion yuan. The project is planned to be built in two phases. The first phase is expected to start on June 30, 2027, with a construction period of 2 years. After the project is put into operation, the average annual revenue is expected to be 1,138 million yuan, and the net profit is about 104 million yuan. The payback period of the project investment is 9.51 years, the internal rate of return on project investment finance is 9.48%, and the internal rate of return on project capital is 13.98%. This project is not expected to have a significant impact on the company's business performance in 2026.