The 400,000 tons per year HDPE/LLDPE quality improvement and efficiency enhancement upgrade project at Ningbo Huataishengfu Polymer Materials is scheduled to come online in 2027

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As the Spring Festival approaches, the site of the utility systems in the southern section of the 400,000 tons/year HDPE/LLDPE improvement and efficiency enhancement project remains a bustling and organized environment, with everyone working hard to meet tight deadlines. All construction workers remain at the front line, entering a \"pre-holiday sprint\" mode. While making every effort to advance the project schedule, they also strictly maintain standards of quality and safety, striving to deliver high-quality and efficient construction results to welcome the New Year, and composing a symphony of hard work and dedication during these winter months. Currently, the pouring of the foundations for the cooling towers in the South Area, as well as the installation of the water supply and drainage networks, are progressing steadily according to plan. Next, the Engineering Department will maintain its aggressive approach of \"going all out from the start and striving for success right from the beginning of work,\" and make every effort to advance the project construction to ensure timely delivery, thereby contributing to the company’s high-quality development. Ningbo Huataishengfu Polymer Materials Co., Ltd. was established in December 2012, with a registered capital of 2.462 billion yuan. It covers an area of 805 mu and currently has 550 employees. In April 2021, the company completed and put into operation a light hydrocarbon utilization project with a capacity of 700,000 tons per year, involving a total investment of 6 billion yuan. To further reduce the impact of fluctuations in the raw material market on the company’s profitability and to improve its capacity balancing capabilities, the company has invested $361 million in building a project to enhance the quality and efficiency of HDPE/LLDPE production, with an output capacity of 400,000 tons per year; commissioning of this facility is scheduled for 2027.