BINZHOU, China—Rubber materials maker Chambroad Zhongju New Materials is to add new facilities with the capacity to produce 150,000 metric tons of bromobutyl rubber (BIIR) per year at its plant in Binzhou.
The project's first phase, with a nameplate capacity of 70,000 metric tons per year of BIIR production, passed environmental regulatory approval, the company said on its website.
Spanning about 678,000 square feet and also featuring a 100,000 metric tons per year plant for isobutene production, the first phase scheduled to come online in October 2020.
Chambroad Zhongju currently has capacity for 50,000 metric tons per year of IIR.
It is also planning a $60 million project for modified catonic styrene-butadiene latex used as an emulsifying agent for asphalt. The project will make 5,000 metric tons per year of liquid emulsifyer and 3,000 metric tons per year of powder emulsifier each year.
"High performance modified emulsifier has great market prospects with the development of China's highway construction and maintenance markets," according to the project's environment filing.
Chambroad Zhongju was set up in 2016 in Binzhou's Boxing Economic Development Zone. It is a fully owned subsidiary of privately held Chambroad Petrochemicals.