2025Year3Moon28On the day, Lianhong Advanced Materials' subsidiary Lianhong Green (Shandong) integrated project reached an important milestone.——First batch15#Regional substation, sewage treatment plant substation, and foam station, etc.3The unit was successfully completed and handed over. The achievement of this milestone marks the total investment125Hundred million yuan, covers an area of1600The provincial-level major project covering several hundred acres has officially entered the phased delivery period.2025The foundation has been laid for full production in the second half of the year.

Source: Sinopec Guangzhou Engineering

A comprehensive industrial chain layout targets the heights of new energy and green materials.

As the core project of Luxchem New Materials "14th Five-Year Plan" strategy, Luxchem Grene Integrated Project covers38A main item unit, including20 Ten thousand tons/YearEVA(ethylene-Vinyl acetate copolymer3010,000 tons/yearCHPPO(Green process of propylene oxide)510,000 tons/YearPPCCO2-based biodegradable plastic13010,000 tons/YearDMTO(key units such as methanol-to-olefins). After the project is put into production, Lianhong will be involved in the core raw materials for photovoltaic film.EVAThe production capacity of the field will be15 Ten thousand tons/Yearly leap to35ten thousand tons/In 2023, further consolidates its leading position in the domestic photovoltaic materials sector.

Notably, the project is built through self-construction.VA(Vinyl acetate) plant realizationEVARaw materials are entirely self-supplied.9ten thousand tons/yearVA Device self2024Year1Since the monthly production commenced, it has been operating at full capacity continuously, successfully breaking through the industrial chain.“Choke point”Link. In addition, supporting...30ten thousand tons/YearPOE (Polyolefin Elastomer) Project Phase I10Ten thousand tons facility expected2025Put into production in the year, andEVAFormation of photovoltaic film material“Dual Engine”, directly pointing to the explosive growth in global photovoltaic installation demand.

Biodegradable Materials Break the "White Pollution" Problem

Driven by the "dual carbon" goals, the project is synchronized with the layout.5 Ten thousand tons/yearPPCThe device uses carbon dioxide and propylene oxide copolymerization technology to produce biodegradable plastics. This material can decompose quickly in the natural environment, effectively replacing traditional petroleum-based plastics and contributing to the green transformation in fields such as express packaging and agricultural film. Combined with Lianhong's...PLA With the existing advantages of biobased materials such as polylactic acid, the company is building a full-chain biobased material solution from raw materials to end products.

Cross-regional collaboration to build a new materials industry matrix

The Lianhong Green Project is not an isolated layout. In Shandong, itsDMTO"Device and Jiangsu"POEThe project establishes cross-regional collaboration, utilizing methanol-to-olefins technology to bridge the coal chemical industry with the high-end new materials industrial chain, achieving efficient resource conversion.“Basic raw materials+High-end materials”The vertical integration model ensures supply chain security and significantly increases product value addition.

Seizing the High Ground in Electronic Materials through Technology-Driven Approaches

In addition to new energy and biomaterials, Lianhong is continuously increasing its investment in electronic materials. Relying on its existing technical reserves of ultra-high purity electronic specialty gases and wet electronic chemicals, the company is accelerating the domestic substitution of semiconductor-grade materials. As the global chip industry shifts towards China, Lianhong is well-positioned to benefit from this trend.5G, artificial intelligence and other emerging tracks open growth poles.

As the completion of the first batch of unit handovers, Lianhekai is sprinting at the "Shandong speed."2025Annual production target. In“ 14th Five-Year Plan”At the year-end, this leading new materials company has consolidated its competitive edge in areas such as photovoltaics and biodegradable materials through strategic capacity expansion and technological innovation. Furthermore, it has propelled China's new materials industry towards higher value-added segments, injecting new momentum into global energy transition and sustainable development.