February 26th News: According to the latest information, Qicheng (Shandong) Technology Development Co., Ltd.'s annual processing of 2 million tons of waste tire pyrolysis to extract carbon black new material project is expected to be officially put into operation by the end of June 2026. Previously, Qicheng (Shandong) Technology Development Co., Ltd. successfully acquired the idle and inefficient 119.2 acres of land, as well as the usage rights of workshops and factory buildings from the original Gezhouba Huanjia project through transfer, and plans to invest in the construction of this project here. After the project reaches full production, it is expected to achieve annual sales revenue of over 3 billion yuan and pay over 380 million yuan in operational taxes annually. Chempricehub Analysis of Carbon Black, Bull-Bear Score: -1 Qicheng Technology's annual processing of 2 million tons of waste tire pyrolysis to extract carbon black project is expected to be put into operation by the end of June 2026, which will significantly increase market supply. After the project reaches full production, the annual sales revenue is expected to exceed 3 billion yuan, indicating a significant increase in supply, which may lead to an imbalance in market supply and demand, putting downward pressure on the spot price of carbon black. The current market expects oversupply, constituting a generally bearish impact.