Shandong Changhong Xinze New Materials Co., Ltd. New Energy Technology Co., Ltd. was registered in October2015 with a registered capital of over 20 million yuan.  covering an area of over 500 acres. There are currently over200 employees and more than 30 professional and technical personnel. The leading products of the enterprise are purebenzene, toluene, xylene, heavy benzene, neodecanoic acid,neodecanoic acid vinyl ester, and neodecanoic acidglycidyl ester. The annual production capacity of crude benzene hydrogenation is 100000 tons, with an annual output of50000 tons of neodecanoic acid and 35000 tons of neodecanoic acid vinyl ester, and an annual output of 15000 tons ofneodecanoic acid glycidyl ester.