The successful launch of the 150 million yuan specialty-grade hydrogen peroxide joint venture project by Fuhua Chemical in 2025, in collaboration with Germany's Evonik Industries, is the Evonik Fuhua New Materials (Sichuan) Co., Ltd. project. As Leshan's first foreign-invested chemical project and first high-end chemical new materials project, it marks a significant milestone in the strategic partnership between the two parties.‌PriceSeek Analysis of Hydrogen Peroxide, Bull-Bear Score: +1.5 This project is a specialty-grade hydrogen peroxide production venture jointly established by Fuhua Chemical and Germany's Evonik Industries, with an investment of 150 million yuan. Positioned as a high-end chemical new materials initiative, it will enhance hydrogen peroxide supply capacity and improve product quality. As the first foreign-invested chemical project, it may stimulate market demand and industry upgrades, exerting a strong positive impact on the spot price of hydrogen peroxide. The score of +1.5 reflects that while the project's implementation increases supply, its high-end positioning and technological collaboration are likely to optimize market structure and drive a moderate price increase.