The plant has a capacity of a 300,000 metric tons per annum, and is located in Dongying City, Shandong Province.
Under the contract, Badger will oversee technology license, engineering, start-up services and corresponding training for Lihuayi.
Cumene is a precursor to the production of phenol, bisphenol A and polycarbonate.
US-based Badger is a venture of affiliates of The Shaw Group and ExxonMobil Corp.
Badger is engaged in marketing, licensing, and developing technologies for ethylbenzene, styrene monomer, cumene, and bisphenol A.