Signing of agreement between Chongqing Changshou District and Shuangxiang Group to jointly develop an integrated project for producing 350,000 tons per year of special new materials

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On March 30, Changshou District in Chongqing held a signing ceremony with Shuangxiang Group; the two parties will jointly develop an integrated project for the production of 350,000 tons per year of special new materials. Shuangxiang Group is a leading enterprise in China’s MMA, PMMA optical materials, and other related fields. Since the establishment of the Chongqing facility in 2018, it has led Asia in terms of the production volume of optical-grade MMA and PMMA, as well as its market share and industrial scale efficiency, thereby helping Changshou develop into a global hub for the procurement and distribution of ultra-fine fibers, MMA, and PMMA. In his speech, Li Maotao said that the longevity industry has a solid foundation, significant geographical advantages, and a strong atmosphere of innovation. In recent years, the region has consistently adhered to the principle of developing industry and strengthening manufacturing, actively integrating itself into the city’s \"33618\" modern manufacturing cluster system and the \"416\" science and technology innovation framework. It has worked to establish a \"2324\" modern manufacturing cluster system, with advanced materials becoming the first industry in the region to reach a value of 100 billion yuan. This partnership represents an important strategic move by Shuangxiang Group to seize the opportunities presented by the development of new materials, and it will help the group strengthen its market share and brand influence in the field of optical new materials. Changshou District will make every effort to create a first-class business environment, go to great lengths to help enterprises overcome difficulties, support them in growing and strengthening, and strive for mutual benefit and win-win outcomes. It is hoped that Shuangxiang Group will accelerate the construction of the project, striving to complete it, put it into operation, and achieve its intended benefits as soon as possible. Tang Yuefeng said that during the 15th Five-Year Plan period, Shuangxiang Group will further integrate into Changshou District’s \"2324\" modern manufacturing cluster system, establish its presence in Changshou while extending its influence globally. It will contribute to strengthening the chemical industry by expanding and enhancing its supply chains, thereby helping to accelerate the development of Changshou Economic Development Zone into a world-class hub for the chemical industry as well as a key center for advanced materials worth trillions of yuan. Shuangxiang Group will form a professional team to accelerate the commencement of construction for the project.