Qingdao Haiwan Group Co., Ltd., formerly known as Qingdao Chemical Industry Bureau, is a large state-owned chemical enterprise group directly under Qingdao City and ranks among the top 500 chemical enterprises in China. The group has total assets of 18.6 billion yuan and 3,200 employees. It owns more than 20 holding and shareholding enterprises, including Haiwan Chemical, Haiwan Refining, Qingdao Alkali Industry, Haida Holdings, Haiwan Solvay, and Haiwan Ports. Its main products include caustic soda, ethylene-based polyvinyl chloride, styrene, chemical intermediates and dyes, potassium sulfate, calcium chloride, baking soda, sodium silicate, and high-end silica gel.

In recent years, focusing on the transformation of new and old kinetic energy and industrial transformation and upgrading, Haiwan Group has made every effort to promote the environmentally friendly relocation of enterprises in the old city, and has built two modern chemical industry bases in Dongjiakou, West Coast New District and Pingdu Xinhe, taking the lead in the supply-side structural reform of Qingdao’s chemical industry. In 2018, the group’s sales revenue exceeded 10 billion yuan for the first time, achieving new high-quality development.

Looking into the future, the Group will rely on the port logistics advantages at the Dongjiakou base, use imported ethylene, propylene, benzene, etc. as raw materials, and focus on developing petrochemical products such as styrene and polystyrene and high-end new materials; at the Xinhe base, it will give full play to the location advantages of the park and focus on developing dyes, intermediates, inorganic salts, inorganic silicon chemicals, etc. It is believed that in the near future, the Gulf Group will develop into a super-large enterprise group with optimized structure, reasonable layout, significant benefits, strong competitiveness and significant influence in the same industry at home and abroad.