Jiangsu Wanwei New Materials Co., Ltd.’s project for producing 200,000 tons per year of ethylene-based functional polyvinyl alcohol resin
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Project Name: Jiangsu Wanwei New Materials Co., Ltd.’s Project to Produce 200,000 tons per year of ethylene-based functional polyvinyl alcohol resin. Launch Date: August 20, 2025. Location: Jiangsu Province. Industry/Project Type: Chemicals and Pharmaceuticals/Chemical Raw Materials and Chemical Products/Chemical Raw Materials. Project Owner: Jiangsu Wanwei New Materials Co., Ltd. Total Investment: 3,656.3 million yuan. Current Progress: Announcement of investment intention. Construction Location: Coastal Industrial Park, Binhai Economic Development Zone, Binhai County, Yancheng City, Jiangsu Province. Construction Scope: Construction of facilities for producing 360,000 tons per year of vinyl acetate and 300,000 tons per year of methyl acetate. The total land area of the project is approximately 540 mu, with the built-up area accounting for about 118,060 square meters. The project construction mainly includes vinyl acetate plants, polyvinyl alcohol plants, utility plants, and various auxiliary facilities. Progress Milestone: August 19, 2025 – Announcement regarding the contribution of capital to establish \"Jiangsu Wanwei New Materials Co., Ltd.\" and the investment in a new facility for producing 200,000 tons per year of ethylene-based functional polyvinyl alcohol resin (Investment Intent Announcement)
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