Befar Group (601678) announced on July 17, 2026, that it plans to construct a 250,000 metric tons/year special rubber integrated project through its wholly-owned subsidiary Binhua New Materials. The project is planned for construction in two phases, with the company intending to first build Phase 1, the 70,000 metric tons/year halogenated butyl rubber project. Phase 2 will be submitted to the company's authorized body for review and approval based on market conditions before construction. Phase 1 project total investment is RMB 1.822 billion.
Insights / Investment
InvestmentBefar Group Plans 250,000 t/y Special Rubber Integrated Project
Befar Group announced plans to construct a 250,000 metric tons/year special rubber integrated project through its subsidiary Binhua New Materials, with Phase 1 consisting of the 70,000 t/y halogenated butyl rubber project at RMB 1.822 billion investment.
