Ruifeng high material: 20,000 tons of epoxy chloropropane project completed, is expected to start production by the end of the year.

Recently, Ruifeng Highwood in the interactive platform said: the company's subsidiary Linyi Ruifeng Polymer Materials Co., Ltd. annual output of 20,000 tons of epoxy chloropropane project is currently in the construction phase, is expected to be completed by the end of the year.
The project is named "an annual output of 40,000 tons of MC anti-flush modifier co-production of 20,000 tons of epoxy chloropropane project", the project investment of 80 million yuan, the first phase of 40,000 tons / year MC anti-punch modifier project to complete all the formal production approval procedures, repeated commissioning and process improvement and other links, is now fully equipped with formal production conditions, and on October 23, 2019 to feed and produce qualified products.
20,000 tons/year epoxy propane project is a co-production plant of the MC project, which is currently under construction and will take some time to commission the equipment and process before it

. In the previous announcement, Ruifeng Gaoso said the project is expected to be completed and put into operation by March 31, 2020, in terms of progress, the joint production of epoxy propane project has been postponed.
Enterprise Introduction
Shandong Ruifeng Polymer Materials Co., Ltd. was established in 2001, it owns Linyi Ruifeng Polymer Materials Co., Ltd. (wholly owned) and Suzhou Perima Polymer Materials Co., Ltd. (holding 48.97%) two subsidiaries. Ruifeng Highwood Co., Ltd. and its wholly-owned subsidiary Linyi Ruifeng are mainly engaged in PVC additives business, including: ACR processing aids, ACR anti-flush modifiers, MBS anti-flush modifiers, MC anti-punch modifiers research and development, production and sales. Products are used in PVC pipe, PVC profiles, wood plastic (WPC) flooring, stone plastic (SPC) flooring, PVC wall panels, PVC transparent sheet, PVC foaming board and other products.
Ruifeng high material is one of the leading enterprises in the domestic PVC additive industry, the comprehensive production capacity has reached 140,000 tons, of which ACR product production capacity of 70,000 tons, MBS product production capacity of 50,000 tons, MC product production capacity of 20,000 tons. In May 2020, Ruifeng Highwood increased its capital by 33 million yuan to obtain a 51.03 percent stake in Suzhou Perima, and began to enter the field of nano-inorgic silicon fire-resistant materials, nano-gel temperature-change materials, photochromic materials, inoranceable fire-resistant glass and other new materials.
the first half of 2020, Ruifeng Gao material achieved operating income of 523 million yuan, a decrease of 14.16 percent year-on-year, and a net profit of 31.27 million yuan, a decrease of 29.25 percent year-on-year. The company's operations in the last three years are in the table below.
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