Shandong Laiwu Runda Chemical CO.,LTD. is a civil-run enterprise specialized in developing and producing phenolic resin, and is a hi-tech enterprise of Shandong province. It is located in Laiwu high and new-tech development area, covering an area of 32,000 square meters. The main products include: all kinds of thermoset phenolic resin, thermoplastic phenolic resin, cashew nut shell oil modified phenolic resin, butyronitrile modified phenolic resin, arene modified phenolic resin, xylene formaldehyde resin and nanometer modified phenolic resin, etc., widely used in the industries of casting, friction material, oil field, fireproof materials, paint and ink, with the annual production capacity of 8,000 tons. Our company always insists on the development strategy of °developing enterprise by technology" and established technological centre, equipped with advanced experimental facilities, cultivated a group of researchers who master profound theoretical knowledge and rich practical experience, and cooperated with Chemical Institute of Chinese Academy of Sciences and East China University of Science and Technology, continuously enhanced the technological innovation ability to keep the domestic leading position in technology level. Since the foundation of technological centre, it has undertook over 10 national, provincial and municipal key scientific and technological plans, and 4 kinds of products have been awarded as nation-level new products and more than 10 kinds of products were honored as provincial and municipal advancement prize in science and technology.