YAN DE Chemical Industrial Co., Ltd, formerly Da Qing Chemical Factory, established in 1976, was one of the national key chemical enterprises. The factory locates near the oil field Da Qing, in Da Qing petrochemical industrial production base, occupying 3 square kilometers. Company has registered capital of RMB 0.545 billion Yuan (around 100 million USD). Taking advantage of close cooperation with core oil production and petrochemical industry, Yan DE Chemical produces advanced polyolefin, polypropylene and polyethylene resins . In 1999 Yan De chemical was restructured, and introduced investment and high technology from German chemical giant to further improve advanced polymers productions. The main plant of Yan De Chemical in Long Feng district of Da Qing petrochemical zone has more than 20 sets of advanced petrochemical production lines and equipments and more than 30 auxiliary equipments that support the production of PE 40 thousand MT/month, PP 30 thousand MT/month and PVC 30 thousand MT/month and other related petrochemical products. In the recent years, Yan De Chemical is devoted itself to market innovation, products innovation, management innovation and technological innovation, meanwhile has kept a high development speed. In recent years, the gross industrial output value, sales revenue, profit and tax, such main economic indexes kept increasing 20% per year.