Petrochemical new materials industry

As an important industry in the country stressed in the 13th Five-Year Plan (2016-2020) issued by the central government, the petrochemical new materials industry has been taken as the leading industry in Daishan county, Zhoushan. The city has formulated a series of preferential policies to support the construction of facilities, and attract projects and enterprises with advanced technology and great potential.

Daishan county utilized the green petrochemical industry in Zhoushan to introduce several new materials industry projects with strong industrial competitiveness, and build a first-class petrochemical new materials industry base in the area. A group of manufacturing and new materials industry clusters has been gathered in the local Petrochemical New Material Industrial Park, which are building a solid foundation for the construction of the petrochemical new materials industry park.

To bolster investment, more than 20 preferential policies have been launched, covering financial support, senior management talent awards, loan interest discounts and land transfer preferential assistance.

In Zhoushan, the development of the petrochemical new materials industry has shown promising prospects. Zhoushan Weite New Material Technology Co Ltd is engaged in the research, production and sale of new polyimide materials. The company’s polyimide material has passed the relevant tests and become a registered supplier for Hengdian East Magnetic Co Ltd.