QIXIANG TENGDA: The holding subsidiary plans to invest 70 million yuan to build a high-performance catalytic new materials project

QIXIANG TENGDA announced that its holding subsidiary, Shandong Qilu Keli Chemical Research Institute Co., Ltd., plans to invest in the construction of an 8,000 tons/year high-performance catalytic new materials project in the Qilu Chemical Industrial Park, with a total investment of 70 million yuan, funded by self-raised funds. The project is expected to have a construction period of 10 months, with main products including 3,000 tons/year of copper series catalysts and 5,000 tons/year of cobalt-molybdenum series catalysts. The project aims to enhance Qilu Keli's profitability, promote the transformation and upgrading of the company's catalyst industry, meet market demand for high-performance catalytic new materials, and improve the company's core competitiveness in the field of catalytic materials