Our journey in chemical manufacturing has been marked by continuous growth, innovation, and commitment to excellence.
The chemical experimental factory was renamed as Beizhen Chemical Factory and began the construction of the initial project.
Completed, the first phase of the 2,200-ton annual capacity chloralkali project was put into operation.
The project in Beizhen Chemical Factory Petrochemical New Area was completed and put into operation.
The annual tax revenue exceeded 50 million yuan.
The capacity of the epoxy propane unit was expanded from 4,500 tons per year to 20,000 tons per year in just 9 months, and it was successfully started up on the first attempt.
Binzhou Zhonghai Asphalt Technology Co., Ltd., Zhanhua Economic & Trade Co., Ltd.
Befar Haiyuan Salt Chemical Co., Ltd. was established in Zhanhua. Longkou Bingang Liquid Chemicals Tech Co., Ltd was established.
Binyang Fuel Chemical Co., Ltd. was registered and started construction in Xinyang.
The establishment of Befar Dongrui Chemical Co., Ltd kicked off.
On February 23, 2010, Befar Group Co., Ltd. was successfully listed on the Shanghai Stock Exchange, raising a total of 2.09 billion yuan.
The relocation and comprehensive technological transformation project of the Chemical Division started officially.
Befar has invested in the hydrogen energy industry and has built the first demonstration facility for hydrogen purification and filling in China. It is also the first demonstration base in China for producing hydrogen fuel for vehicles at a capacity of tens of thousands of tons.
The Integrated C3-C4 Utilization Project in Binzhou Lingang Chemical Industrial Park has started construction in Beihai. Befar had already laid out its plans in Beihai as early as 2013.
A comprehensive organizational restructuring has been implemented, establishing five major business division centers, aligning with the "12345" development strategy, and fully building an ecological platform-oriented enterprise.
Befar Group has pioneered the forward-looking "Beikun Plan", charting an innovative development path centered on the integration of "new energy + chemical industry". The initiative aims to establish a nationally recognized, world-class new energy and chemical industrial base in northern Binzhou, positioning it as a globally influential hub in this sector.
The C3/C4 Comprehensive Utilization Project has entered full operation.
