ShanDong Orient HongYe Chemical CO., Ltd. was established in October 2009 with a registered capital of 164 million yuan. It is a key experimental institution in the chemical sector of the National Rubber and Tire Engineering Technology Research Center. The company ranked 44th among the top 100 enterprises in Weifang in 2012 and 16th among the top 50 enterprises in Shouguang in 2012. The company has more than 650 employees.