Thread Content
Recently, the Huizhou Ecology and Environment Bureau in Guangdong Province issued a public notice regarding the acceptance of the environmental impact assessment for the “Guangdong Xingbang New Materials Co., Ltd. project to produce 80,000 tons of polyester polyols and 100,000 tons of TPU per year”. It is reported that the total investment in this project amounts to 399.9993 million yuan. It is located in the New Materials Industrial Park in Baihua Town, Huidong County, Huizhou City, Guangdong Province. Polyester polyols are produced through esterification reactions of ethylene glycol/1,4-butanediol and adipic acid. The project has an annual production capacity of 80,000 tons of polyester polyols, of which 23,919 tons are sold externally, while the remaining 56,081 tons are used, together with purchased isocyanates, 1,4-butanediol, methyl propylene glycol, and various additives, to produce TPU thermoplastic polyurethane elastomers (in granular form) through processes such as polymerization, extrusion, and granulation. According to available information, Xingbang New Materials (Shandong) Co., Ltd. (referred to as “Xingbang New Materials”) was established in 2018. It has been awarded titles such as “High-Tech Enterprise,” “Specialized and Innovative Small Giant Enterprise,” Gazzelle Enterprise of Shandong Province, and “Enterprise under Yantai’s Multiplication Plan.” The company is dedicated to the research, development, and production of new TPU materials. It currently produces over 40,000 tons of TPU as well as 40,000 tons of polyester polyols per year. Its products are widely used in various industries and sectors, including footwear and apparel, electronic products, wires and cables, high-end pipes, the medical industry, military applications, and household goods. The company’s flagship product, the electronic sheath TPU, holds a market share of over 40% in the national market, ranking first in the industry in terms of market share ； The market share of clothing and TPU elastic bands in the national market exceeds 60%, ranking first in the industry.