青島紅星集團是國有大型生產企業，主營鋇鹽、鍶鹽、錳鹽、煤礦、物流、進出口貿易等，是世界最大的碳酸鋇、亞洲最大的碳酸鍶、世界第三大電解二氧化錳生產企業。
紅星集團的前身是1956年成立的臺東化工廠，1966年更名為青島紅星化工廠，1992年組建了青島紅星化工集團公司，隨后，紅星集團走上了西部創業之路。
20多年來，紅星集團秉承“艱苦創業，無私奉獻，開拓創新，爭創一流”的企業精神，先后在貴州、重慶、湖南、湖北、陜西、黑龍江、青島等七個省市建立全資子公司、股份公司及中外合資企業20余家，成為了名副其實的“世界鋇王”、“亞洲鍶王”。其中，青島紅星化工廠是世界品質最好的硝酸鋇生產企業；東風化工公司生產的藥用硫酸鋇占全國95%的市場份額；自力實業公司生產的電子級高純氫氧化鋇占世界市場份額的80%；貴州紅星發展股份有限公司是世界最大的碳酸鋇生產企業，于2001年3月20日在上海證交所上市；重慶大足紅蝶鍶業公司是亞洲最大的碳酸鍶生產企業；貴州紅星發展大龍錳業公司是世界第三大電解二氧化錳生產企業。溫家寶總理曾先后兩次視察紅星，并贊譽紅星為西部大開發的典范。

近年來，紅星在青企業為適應青島市“環灣保護，擁灣發展”戰略的需要，確定2014年將老城區企業化工產品全部搬遷至平度市新河化工基地，定位為打造極具紅星特色的世界高端鋇鹽研發和生產基地；外建企業持續有效做好產業結構調整和升級，主導產品鋇、鍶、錳上臺階、上檔次，堅定不移地走高、精、尖發展道路；同時，將大力整合紅星各種優勢資源，打造新的利潤增長點。

Qingdao Red Star Chemical Group Co., Ltd. (for short: Group Company) is an enterprise directly under Qingdao. By the end of 2011, total assets is 2.177 billion yuan, sales income is 1.671 billion yuan, added value of industry: 399 million yuan, realized profit: 101.53 million yuan.

Currently, group company directly holds 8 subsidiaries, of which including 1 listed company, 2 sino-foreign joint venture enterprises and 1 chemical research institute, the existing staff is 4500.

At present, group company mainly operates barium, strontium and manganese three inorganic salt series products, and has become the world’s largest barium salt manufacturer, the Asia’s largest strontium salt manufacturer and China’s second largest electrolytic manganese dioxide manufacturer. At the same time produces and operates the products of plastic stabilizer, paint coating, fine inorganic chemical, natural pigment, flavors and spices, etc.; involves the industries of mining, science and technology training, technical consultation and so on.

After more than 50 years’ development, the group company has become a large-scale enterprise group with outstanding main business, multi-industry, trans-regional and with international competitiveness and sustainable development ability.

During ‘Twelfth Five-Year’ period, the group company will comprehensively implement scientific development concept, insist sustainable and circulation development road. Make effort to adjust ‘East and West’ industrial layout closely around the new development strategy of ‘Full Adjustment, Improvement and Implementation’, by market-oriented, depending on the current products and through the integration of internal resources; With R&D new material and energy as main direction and through product structure adjustment to improve optimization and upgrading of industry, promote and position barium, strontium and manganese industries as the industries of new energy and material. Constantly improve enterprise economic operation quality and efficiency through actively exploring new markets; The group company will make effort and gradually develop to be an electronic new material and energy secondary battery material supplier with intensive technology and world first-class from a basic chemical material supplier.