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 8000 tons/year high-performance catalytic new material project in the Qilu Chemical Industry Park. The total investment is expected to be 70 million yuan, and the funds will be self-raised. The project is expected to have a construction period of 10 months, with the main products including 3000 tons/year of copper series catalysts and 5000 tons/year of cobalt molybdenum series catalysts. The project aims to improve the profitability of Qilu Keli, promote the transformation and upgrading of the company's catalyst industry, meet the market demand for high-performance catalytic new materials, and enhance the company's core competitiveness in the field of catalytic materials.