On March 16, the commencement ceremony of the project of Special Hose for Ocean and Engineering Machinery of Shandong Yuelong Rubber & Plastic Technology Co., Ltd. was held. With an investment of 60 Million Yuan, this project covers an area of 27.75mu and a total building area of 15400m2.

The products of the project mainly cover three series, flexible pipeline for marine drilling platform, special hose for engineering machinery and special rubber hose for industry, which has significant innovation in the aspects such as rubber material and equipment manufacturing. It is the only domestic manufacturer of partial products at present, with the overall technology reaching international advanced level. After the project is completed and put into production, it can produce 100000 meters of special hose for ocean and engineering machinery each year.