Panjin Ruide Chemical Co., Ltd. was established in December 2011, located in Liaodong Bay New Area (National High-tech Economic Zone), Panjin City, Liaoning Province. The company is a joint venture between Panjin Shengtian Chemical Co., Ltd. (75%) and Panjin Xincheng Development and Construction Co., Ltd. (state-owned). The registered capital is 283.4 million yuan, covering an area of 738 mu. With total assets of 2.16 billion yuan, the company has more than 1100 employees, more than 50 technicians with intermediate and senior titles, and more than 400 graduates from college and technical secondary schools.

Company's main benzene anhydride (naphthalene and adjacent two process), benzene, xylene, indan, phenol and o-cresol, BHT, 3, 5 xylenol, 2, 4/2, 5 xylenol, adjacent ethyl phenol, pyridine, 2 - methyl pyridine, methyl pyridine, methylnaphthalene, carbon 10, the aromatics of 2 # wash oil, wash oil, and other chemical raw materials and fine chemical products production and sales.

The company in line with the people-oriented, science and technology, industry to serve the country "purpose of healthy development, in 2015 was identified as a national high-tech enterprise, in 2016 was identified as the provincial technology research and development center.