In recent five years, the operation revenue of Shandong Yanggu Huatai Chemical Co., Ltd. has grown with an annual average of 35.5%. Its production and sales of antiscorching agent CTP has consistently occupied the first in the world for 14 successive years with global market share reaching over 60%, thus it is also named the Single-champion Product by the Ministry of Industry and Information Technology of the PRC.
Yanggu Huatai, as the first A-share listed company of domestic rubber additives industry, founded the first national level engineering technology research center, National Engineering Technology Research Center for Rubber Additives, which successfully solved the technical problems of producing insoluble sulphur with continuous processing after five years’ hard work as well as costs of 30 Million Yuan by in-depth cooperation with six institutes including Institute of Chemistry Chinese Academy of Science, Shandong University, Qingdao University of Science and Technology, etc. Therefore, the company has become the world third and domestic first enterprise that manufactures insoluble sulphur by means of continuous processing and has established a strategic partnership with Michelin, Bridgestone, Cheng Shin and other tire companies.
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