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Plastics Industry News Highlights

August 08, 2024

1. Saning Chemical's Nylon 66 Project Officially Launched
Recently, the nylon 66 project of Saning Chemical, with a total investment of RMB 14.5 billion, was officially put into operation. This marks a significant enhancement in China's nylon material production capacity, providing robust support for related industries.

2. Dawn Polymer Intends to Expand Specialty Co-polyester Production
To expand its production capacity, Dawn Polymer plans to add a 10,000-tonne/year specialty co-polyester production line. This expansion will further strengthen Dawn Polymer's competitiveness in the specialty materials market, meeting the demand for high-performance materials.

3. Dechang New Materials Breaks Through in Novel Hexamethylenediamine Synthesis Technology
In collaboration with the Chinese Academy of Sciences, Dechang New Materials has successfully broken through the core technology for the synthesis of novel hexamethylenediamine. This technological breakthrough is of great significance for promoting the upgrading of China's nylon industry chain and is expected to further increase China's self-sufficiency in nylon materials.

4. Chairman of Xinfengming Group Elected Vice President of China Youth Entrepreneurs Association
Zhuang Yaozhong, Chairman of Xinfengming Group, has been elected Vice President of the 13th China Youth Entrepreneurs Association. This honor is not only a recognition of Zhuang's personal achievements but also an acknowledgment of Xinfengming Group's influence among young entrepreneurs.

5. SABIC to Build New PC and PC/ABS Modification Plant in Fujian
SABIC, a leading global chemical company, has announced plans to build a new PC and PC/ABS modification plant in Fujian. This project will further strengthen SABIC's presence in the Chinese market and promote the development of China's modified plastics industry.

6. BASF Products Enhance Processing Stability and Durability of Polyethylene Rotomolding Resins
BASF's Irgastab® series of products provide excellent processing stability and durability for polyethylene rotomolding resins. This product advantage keeps BASF at the forefront of the plastics processing industry, offering customers a higher-quality product experience.

7. Haitian International Opens Application Center in Surabaya, Indonesia
Haitian International's application center in Surabaya, Indonesia, has officially opened, marking the company's further expansion in the Southeast Asian market. This application center will provide more convenient and efficient technical support and product services to local customers.

8. Kraiburg TPE Introduces Innovative TPE Material for Essence Packaging Design
Kraiburg TPE has launched a new thermally conductive TPE material suitable for essence packaging design. This material not only exhibits excellent thermal conductivity but also ensures longer battery life, offering a new solution for the cosmetics packaging industry.

9. Kingfa Science and Technology Awarded as Leading Enterprise in Guangdong Provincial Standards
Kingfa Science and Technology has been honored as a leading enterprise in Guangdong provincial standards for its outstanding performance in standardization. This accolade will further enhance Kingfa's influence within the industry and promote quality upgrades across the entire supply chain.

10. 900,000-Tonne High-Density Polyethylene Project Commences Construction
A major domestic petrochemical enterprise has announced the commencement of construction on a 900,000-tonne high-density polyethylene project. Scheduled to be operational by the end of the year, this project will bring China's annual HDPE production capacity to 38 million tonnes, further satisfying market demands.

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