Dongyue Group 东岳集团
China · Zibo
alternative to Chemours / Daikin / Syensqo / Arkema
Fluoropolymers (PTFE, FEP, PVDF and FKM fluoroelastomer) and HCFC/HFC refrigerants (R22, R32, R125, R134a, R410A), plus silicone rubber and fluids and chlor-alkali ion-exchange membranes, made mainly in Zibo, Shandong. Refrigerants were 34% and fluoropolymers 27% of 2025 revenue.
Why it fits
- Chemicals & Plastics
- Processing
- Cost-effective
Regional alternatives
Product facts
- Segment
- Chemicals & Plastics
- Supply-chain stage
- Processing
- Main end uses
- Consumer goods, Industrial, Electronics, EVs
2025 annual report: revenue CNY 14.36B, of which refrigerants CNY 4.94B and fluoropolymers CNY 3.93B; 2026 interim report: 49,000 t/yr of R32 capacity added in H1 2026 (Sep 2026).
Regulatory & supply-chain notes
US trade-remedy duties on imports
- R-32 refrigerantDongyue has no separate rate, so US importers of its R-32 made in China pay the China-wide anti-dumping rate of 221.06%; the order was continued after its 2026 sunset review. A-570-121 (AD order, 2021)
- HFC refrigerant blends such as R-410ADongyue has no separate rate, so US importers of its HFC refrigerant blends made in China pay the China-wide anti-dumping rate of 216.37%. A-570-028 (AD order, 2016)
- R-134a refrigerantCommerce lists Shandong Dongyue Chemical and Huantai Dongyue International Trade as not eligible for a separate rate, so US importers of Dongyue R-134a pay the China-wide anti-dumping rate of 167.02%. A-570-044 (AD order, 2017)
- R-125 refrigerantUS importers of R-125 from Shandong Dongyue Chemical pay a 267.41% anti-dumping cash deposit (the separate rate, 277.95% margin less a subsidy offset). Dongyue has no company rate, so US importers of its R-125 made in China pay the 3.12% all-others countervailing duty rate. A-570-137 (AD order, 2022) · C-570-138 (CVD order, 2022)
Company & market
- Parent company
- Dongyue Group
- Registered
- Zibo
- Listing
- HK-listed
- Ticker
- 0189.HK
- Market cap / val. (USD)
- ~$2.2 B
- Foreign-investable
- Yes