On August 7th, Rike Chemical announced that recently, the company's non-public offering of shares has raised investment to produce 100,000 tons of plastic modifiers and 10,000 tons of chlorinated polyvinyl chloride. The project has completed acceptance and officially put into operation.
Rike Chemical said that the company's business scale will further increase as the project gradually reaches capacity, and profitability will also be effectively enhanced, which will have a positive impact on operating performance.
It is understood that this project has been selected as the first batch of preferred projects in the Shandong New and Old Kinetic Energy Conversion Major Project Library.
About Rike Chemical
The company has established Shandong Plastic Modification Engineering Technology Research Center, Shandong Province and Weifang City Enterprise Technology Centers, postdoctoral workstations, and has undertaken 12 national, provincial, and municipal science and technology plans, 14 national invention patents, and 3 US invention patents. . It has successively won one second prize of Shandong Province Patent Award, two third prizes of Shandong Province Technology Invention Award, and one industry technology invention award. The company has passed ISO9001, ISO14001 and OHSAS18001 management system certification.
The company's leading products include acrylate impact modifiers, PVC processing aids, PVC foaming regulators, new PVC impact modifiers ACM resin, MBS impact modifiers, AMB impact modifiers, ASA / PMMA color co-extruded materials and ABS impact modifiers and other products, the comprehensive production capacity reached 200,000 tons / year. The company has won the recognition of more and more Chinese and foreign customers for its excellent product quality, perfect after-sales service, and appropriate problem solutions provided to customers.