Guo'en Group: Wholly-owned subsidiary Zhejiang Chemical has obtained 1000 tons/year of new polyether ether ketone and styrene engineering material polymerization pilot platform and 300,000 tons/year modified and composite material project filing.

Guoen Group announced that its wholly-owned subsidiary, Zhejiang Guoen Chemical Co., Ltd., has obtained a project filing issued by the Economic Development Bureau of Zhoushan High-tech Industrial Park Management Committee, with a total investment of 960 million yuan. The project aims to build a vertically integrated platform covering the entire industry chain of PEEK, from polymerization to compounding to products, and to establish a styrene engineering material polymerization pilot platform and a 300,000-ton/year organic polymer modification and composite material project. The project will focus on high-growth application scenarios with large potential for increasing localization rate, providing high-performance special materials solutions to enhance the company's competitiveness in the field of specialty engineering plastics.