China’s Dawn Polymer trials new HNBR facility

Yantai, Shandong – Chinese rubber and plastics materials maker Dawn Polymer announced its successful trial run of a hydrogenated nitrile butadiene rubber (HNBR) project.

Jointly developed with Beijing University of Chemical Technology, the project has 3,000-tonne annual capacity, said the statement issued 18 June.

The facility is located in Yantai’s Longkou New Materials and New Energy Industrial Park.

Project details

The trial run began in March, according to the statement from the company, which is among the leading synthetic rubber manufacturers in China.

The project has received investment of around €14 million (110 million yuan) and is expected to generate €69 million annual sales.

Shenzhen-listed Dawn posted €175 million revenue in 2018, up 46% from 2017. Net profit last year jumped 31% to €10 million.

In December, the company teamed up with Zhongce, China’s largest tire maker, to research into dynamically vulcanised alloy (DVA) used in passenger car barrier layers and bicycle tire inner liners.

Dawn also acquired an 80% stake in a new materials development unit of appliances giant Haier at €33 million last November.