New polyoxymethylene project in Shandong

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Contract signed for a project in Zibo High-Tech Zone to produce 25,000 tons of polyoxymethylene per year. Source: Zibo News Network. Number of views: 159. Publication date: August 4, 2011. Font size: Large, Medium, Small. On August 3, the signing ceremony for the project to produce 25,000 tons of polyoxymethylene per year, carried out in collaboration between Zibo High-Tech Zone and Shandong Baoli Polymer New Materials Company, was held at the Torch Tower. Zhuang Mingchu, the vice mayor and head of the Party Committee and Management Committee of Zibo High-Tech Zone, attended the signing ceremony. 　　Zhuang Ming said that polyoxymethylene is an engineering plastic with excellent properties, and it belongs to the category of high-tech products made from new synthetic materials that are encouraged for development. The project to produce 25,000 tons of polyoxymethylene per year in collaboration with Shandong Baoli Polymer New Materials Company boasts a high level of technological sophistication and great development prospects, considering factors such as technical standards, raw material supply, and market potential. It is hoped that all departments, organizations, and the villages where the project will be carried out will take this project as an opportunity to provide strong support for its development, creating a favorable environment so that the project can be implemented and put into operation as soon as possible. 　　It is reported that this project was invested and constructed by **Nengsi Investment Co., Ltd.** The first phase of the project involved an investment of 99 million US dollars, with a registered capital of 33 million US dollars; it covers an area of 150 mu and has an annual production capacity of 25,000 tons of polyoxymethylene.