Shandong Chambroad Petrochemicals Co., Ltd. (“Chambroad Petrochemicals”) is located in Boxing county Economic Development Zone, Binzhou City, Shandong province. It serves as a large privately-run enterprise integrating petroleum refining and subsequent intensive processing, with petrochemicals as main business.
Covering an area of over 7400 mu (about 2.67 km²), the company was established in 1991, known as the Boxing Lubricants Company Limited. In 1998, it established petrochemical industry as its main business and embarked on the road of diversified development. In 2000, it went private from a state-own company and adopted a corporate culture centered on “benevolence and filial piety”. In 2013, the company invested CNY 200 million on R&D center, forging its technological innovation edges and securing its leading position in petrochemical industry.