Shandong Lubei Chemical Co., Ltd. was established in 1996 as a joint-stock company through a public offering initiated exclusively by Shandong Lubei Enterprise Group. The company was listed on the Shanghai Stock Exchange in July of the same year (stock code: 600727). After more than two decades of pioneering efforts, it has grown into a listed enterprise with annual production capacities of over 400,000 tons of titanium dioxide, 450,000 tons of methane chlorides, 300,000 tons of ammonium phosphate, 400,000 tons of sulfuric acid, 600,000 tons of cement, 5,500 tons of bromine, and 1 million tons of crude salt, operating across sectors including titanium dioxide, methane chlorides, fertilizers, cement, and salt production.

Over the years of its development, Lubei Chemical has adhered to ecological principles, embraced the concept of circular economy and systems engineering. Through the implementation of technology integration and innovation, Lubei Chemical has created circular economy industrial chains such as the one that utilizes phosphogypsum, a by-product of ammonium phosphate, to produce sulfuric acid and co-produce cement while synergistically disposing of sulfur-containing waste, the clean production chain for titanium dioxide, and the deep cascade utilization chain for seawater resources, which have formed the LUBEI circular economy ecological industrial model.

Looking ahead, Lubei Chemical will seize the opportunity of the new and old kinetic energy conversion project, adhere to a diversified development strategy, and leverage its industrial foundation, geographical advantages, circular economy capabilities, and resource strengths to steadily expand titanium industry production capacity while integrating upstream and downstream segments, aiming to establish a large-scale, high-end titanium industry demonstration base with extensive domestic influence; build an environmentally friendly, high-end titanium industrial base that will have significant impact across China. Focusing on the deep cascading utilization of seawater resources, Lubei Chemical will refine and extend the seawater resource utilization value chain, establish a high-efficiency, ecological, and circular marine technology industrial base. Leveraging its existing methane chlorides production facilities and focusing on basic chemicals, circular economy, and resource utilization, Lubei Chemical will establish a new integrated industrial chain for “fluorine, sulfur, silicon, and phosphorus”, striving to become a leading fluorine chemical materials industrial base in China. Simultaneously, the company will vigorously advance R&D and promotion and application of waste resource utilization technologies, aiming to develop a comprehensive waste recycling industrial hub. The company aims to establish a refined, high-end, intelligent, and modernized chemical industry listed company with a “3 Bases + 1 Center” industrial structure by the end of the 14th Five-Year Plan period.