■ BRIEF INTRODUCTION OF SHANDONG BEFAR GROUP CO.LTD.
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Befar Group lies in the connecting point of JiNan Capital Economic Circle, Peninsula Economic Circle and Surrounding BoHai Economic Circle. With BoHai sea to the north and Yellow River to the south, Befar enjoys a superior location. Befar Group was established in 1968, and put into operation in 1970, now has already developed to be acomprehensive chemical enterprise with outstanding principal |
| businessand complete industrial chain which includes oil refinery, refined chemicalschloro-alkaline, thermoelectricity, port storage and investment. Befar Group owns many member companies, named as Befar Group Co., Ltd., Shandong Befar Investment Co., Ltd., Zhong-hai Asphalt Co., Ltd., etc. And Befar owns products like refined oils, asphalt, chemical, auxiliaries for industrial usage and so on. Befar’s total property is 8.246 billion yuan, and has already been certified GB/T19001, GB/T24001 and GB/T28001 Quality, Environmental and Occupational health and Safety certification. |
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| The core company of Befar Group, Befar Group Co. Ltd. with registered capital 330 million Yuan , produces propylene, caustic soda, industrial usage auxiliaries, and fine chemicals. Befar is the largest supplier of propylene and auxiliaries, the most important caustic soda producer, and the most earliestproducer for oilfield auxiliaries in China. Befar owns one provincial-level enterprise |
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| technology center and one national enterprise postdoctoral workstation. Befar’s capacity of PO is 160 thousands tons annually, with market share is up to 25% in China. The annual capability for caustic soda is 420 thousands tons, with market share in Shandong province is 6.8%. The market share of auxiliaries is 30%. “Befar” brand caustic soda is granted "National Inspection-free Products” by AQSIQ. “Befar” brand caustic soda and propylane oxide is granted “Shandong famous brand”. Also this trademark is granted “Shandong Province famous brand trademark” by Shandong Provincal administration for industry and commerce. |
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| Befar Group has developed greatly through series reform measures such as structure reform, capital operation and the integration of lower and upper industry strategies. In 2008, the business revenue of Befar Group reached 18 billion yuan, with profit was 465million yuan, tax and profit 2.1 billion. Befar group ranks NO.4 of China Top500 Chemical Company’ |
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and NO.287 of “China Top 500 Enterprise”.
To create more wealth, to repay more to the society. Over the past decades, Befar Group insist on sustainable development, adhere to scientific development, pursue for "win-win" philosophy, actively participate in implementing on the social |
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responsibilities and public welfare undertakings. Pursue circular economy economically use resources, protect environment, assist and promote regional economic development. In 2007, Befar was awarded “Shandong province harmonious labor relations enterprise”.From 2001 to 2005,Befarrealised profit and tax 4.47 billion yuan, tax 3.15 billion yuan.From 2006 to 2008, |
| Befar completed profit and tax 7.114 billion, tax 5.521 billion yuan. Befar makes great contribution local economic to propelling development. July 2008, Befar formally joined the United Nations Global Compact organization and committed to take Global Compact and its principles as a part of corporate strategy, culture and business operations. |
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| China's rapid economic development has created a good space for Befar. Befar will adhere to the scientific development concept, commit to technological innovation , raising the producing technology, adjust product structure, changing the style of growth, actively developing a circular economy, speeding up building a resource-conserving and environment-friendly enterprises. Befar will strive toachieve sales revenues of 20 billion yuan and profits and taxes of 3 billion yuanat the end of the "Eleventh Five-Year",and make greater contribution for China's chemical industry! |
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