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With a total investment of 500 million yuan, SinoCHEM International Yangzhou ABS modified Material Factory was opened and put into operation
2022-08-19

On August 18, the ABS modified material factory of Sinochem International (600500.SH), a central chemical enterprise, in Yangzhou was opened and put into operation. This new factory is an important part of Sinochem International's ABS China strategy. It will expand Sinochem International's industrial footprint in the field of engineering plastics and further promote the company's new material industrialization process.


Liu Hongsheng, general manager of Sinochem International, said: "The operation of Yangzhou ABS modification plant has opened a new chapter in Sinochem International's ABS industrialization. Modified materials in the ABS industry chain are closer to the application of the end market and have higher added value. It can play the role of supplementing the chain and extending the chain. We will take this as a new starting point to create a strategic and good product with market scale, technical content, brand value, close to the market and strong driving force in the field of modified ABS. "


The new factory is located in Sinochem Yizheng New Material Industrial Park, with a total investment of about 500 million yuan and an area of about 65 acres. It is planned to build 56,000 tons/year of ABS and PC modified materials in two phases. It is operated by Sinochem Engineering Plastics (Yangzhou) Co., Ltd., a wholly-owned subsidiary.


The first phase of the project put into operation this time has an investment of 210 million yuan. Construction will start in April 2021, with a production capacity of 24,000 tons/year of ABS modified materials. The second phase of 32,000 tons of production capacity is scheduled to be put into operation in 2023.


With a total investment of 500 million yuan, Sinochem International Yangzhou ABS Modified Material Factory was opened and put into operation-Yujie Plastic Observation

Sinochem International Yangzhou ABS Modified Material Factory


It is understood that Sinochem International is Sinochem's flagship company in the field of materials science. Through continuous promotion of strategic focus, the company has gradually formed its main business of fine chemicals with new chemical materials as the core. ABS is one of the new material industries that Sinochem International focuses on fostering.


ABS is a terpolymer composed of acrylonitrile, butadiene and styrene. It has the advantages of high strength, good toughness, easy processing and forming, and easy coloring. It is one of the polymers with the largest output and the most widely used.


At present, China's ABS resin production capacity is close to 5 million tons, but there is still an average annual demand of about 2 million tons that needs to be imported, and the core technology of ABS polymerization needs to be broken through. During the "14th Five-Year Plan" period, more than 4 million tons of ABS production capacity will be released in China, and supply and demand are expected to reach a basic balance by then.


In terms of modified ABS, the domestic production capacity is about 2.5 million tons, and the import dependence is about 30%. With the vigorous development of downstream markets such as home appliances, electronic appliances, and automobiles, the domestic modified ABS market has a broad market space, especially in the mid-to-high-end market. Enterprises with innovative technologies and complete product categories will occupy a more favorable competitive position.


In 2019, Sinochem International officially entered the ABS field by acquiring ELIX Polymers (ELIX), a leading European manufacturer of ABS and ABS alloy materials.


Headquartered in Spain, ELIX has more than 40 years of experience in ABS R&D and production, leading production technology and production technology, with an existing production capacity of 170,000 tons and a market share of 40% in the European special ABS market. The company's professional ABS portfolio of more than 300 color options and more than 1,000 formulations is widely used in industries such as automotive, healthcare, consumer goods and electronic appliances, especially in medical, antibacterial, chrome plating, 3D printing and natural fiber modification industries. product development is an industry leader.


In recent years, Sinochem International, based on ELIX’s international leading technological advantages and business model, and at the same time, has made use of Sinochem’s internal synergistic advantages of ABS, PC and other basic resins, accelerated the promotion of ABS China strategy, and deployed modified and polymerized ABS projects in China to create Polymerization to modified upstream and downstream integrated ABS industry chain.


In terms of modified ABS, Sinochem International will customize the production of modified ABS products with different specifications, such as heat-resistant ABS products, by flexibly adjusting the equipment configuration of the production line according to the needs of different ABS modified formulations at the newly put into operation in Yangzhou. ABS, flame retardant ABS, PC/ABS alloy, glass fiber reinforced ABS, etc. In the future, it can also produce modified PC, PA, ASA, PP, PMMA, PBT, PPA and other products, continue to expand the company's engineering plastic product line, and strengthen the level of customization based on customer needs.


The operation of the new plant in Yangzhou has also enabled Sinochem International to form a production capacity layout at home and abroad for its ABS business. With its global supply system, international marketing service capabilities, and ELIX's product and brand advantages, it can develop domestic automotive, electronic appliances, medical and other markets. Provide customers with innovative, high-quality, green customized products and comprehensive solutions to further expand global market share.


In terms of polymerizing ABS, Sinochem International has previously established a wholly-owned subsidiary, Sinochem International Polymer (Lianyungang) Co., Ltd., and plans to build a 400,000-ton/year ABS plant in Lianyungang. At present, the project has entered the EIA publicity stage.


The project covers an area of about 655.5 acres. After completion, it can produce 290,000 tons/year of general-purpose ABS products, 20,000 tons/year of flame-retardant ABS products, 20,000 tons/year of extrusion-grade ABS products, and heat-resistant ABS products. 40,000 tons/year, PC/ABS alloy 50,000 tons/year (including 20,000 tons of ABS resin) and other types of resin products.


Liu Hongsheng said that in the future, the company will rely on domestic and foreign production bases such as Spain, Lianyungang, Yangzhou, etc., integrate global technology and market resources, master core technology competitiveness and customized service capabilities, and coordinate and integrate raw material supply, product iteration, formula development, and high-end fields. The advantages of global certification and market development, etc., create an ABS industry layout with global supply chain capabilities, multi-brand, high efficiency, specialization, and differentiated competition.


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1. Controllers of Personal Information

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Here are the types of personal information we collect:

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Why do we have a privacy policy? 

Polynk.com (“we”) care about your privacy. Therefore, we always strive to protect your personal data in the best possible way and to comply with all applicable laws and regulations for the protection of personal data. In this policy, we want to inform you about how we collect and process your personal data in accordance with the EU regulation 2016/679 (“GDPR”) to guarantee an open and transparent processing of your personal data.

Who is responsible for your personal data?

Polynk.com, no 91320481MA215T1W6Q, is responsible for the processing of your personal data. The following is Polynk.com’s contact information: Telephone number: +86 0519 87108958 Address: Room 504, No.85 Shangshang Road, Kunlun Street, Liyang City, Jiangsu Province, China, PR

What personal data do we process? 

Polynk.com process information about you when you use Polynk.com’s webpage by saving cookies on your computer. The personal data we process about you are your IP address, your preferences and your activities on our webpage. The cookies collecting information about use of our website collect information in an anonymous form, including the number of visitors to the website, which country the internet connection is from, which web browser and version is used and the title on the pages they visited. If you play a video on our webpage, YouTube might save cookies on your computer depending on your settings. Please review YouTube’s Privacy policy for further information. If you do not want YouTube to save cookies on your computer, do not play any videos on our webpage since YouTube operates these videos. When you accept cookies on your computer you will provide us with your information. If you do not want cookies to be saved on the computer, you can prevent this by not accepting cookies to be saved on your computer. Please note, that if you deny functional cookies the webpage will have limited function.

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On what legal ground do we process your personal data? 

The legal ground for Polynk.com’s processing of your personal data by saving cookies on your computer is Polynk.com’s legitimate interest under, under article 6.1 (f) GDPR, to process your personal data in order allow you to navigate the site, use our features and for us to remember your preferences (functional and preference cookies). Analytic cookies are processed so that we can improve the webpage’s functionality and the website experience. You can always deny these cookies if you do not want us to save these on your computer.  

For how long will we process and store your personal data? 

Your personal data will be sorted out/erased according to the following: Functional cookies will be erased when the web browser is closed. Preference cookies will be erased after 100 days. Analytic cookies will be erased after two years.  

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As a general principle, Polynk.com only processes your personal data within the EU/EEA. If your personal data would processed outside the EU/EEA, then we will make sure that such processing is either based on a decision from the Commission establishing that the country in question ensures an adequate level of protection or appropriate safeguards that ensure that your rights are protected or based on another ground for such transfer in accordance with GDPR.

Your rights 

Right to access to your personal data 

You are entitled to request information about which personal data we process about you and how the personal data is being processed. You also have the right to request a copy of the personal data we process about you.

Right to rectification

If you consider your personal data that Polynk.com process to be inaccurate, e.g. information concerning your name or address, you have the right to get the inaccurate information corrected and to get the incomplete information completed by providing us with the correct information.

Right to erasure

You have the right to request that your personal data is erased, e.g. if the processing is no longer relevant in relation to the purpose the information was collected for or if you recall your consent to the processing and there are no other legal ground for the process.

Right to limitation of processing

You have the right to request limitation of the processing of your personal data, with the exception for storage. Limitation of processing can be requested for example if you object to the accuracy of the personal data or if you consider the processing of your personal data to be unlawful.

Right to objection  

You have the right to object at any time concerning the processing of your personal data in accordance with article 6.1 (e) or (f) (legitimate interest) GDPR, including profiling based on those provisions. Where personal data are processed for direct marketing purposes, you have the right to object at any time to processing of personal data concerning such marketing, which includes profiling to the extent that it is related to such direct marketing. 

Right to data portability 

You have the right to obtain the personal data you have provided us with in a structured, commonly used and machine-readable format and have these transmitted to another controller, provided that the process is automatized and that the process is based on a consent or an agreement.  

Changes in this policy 

Polynk.com is entitled to amend this policy at any time if it is necessary to fulfill the requirements according to applicable laws and regulations or if it is necessary due to changes in Polynk.com operations.  In such a situation, Polynk.com will provide information concerning the changes according to applicable law. Applicable information will be available in this privacy policy, on the website of Polynk.com and/or provided in other appropriate ways.

Observance of GDPR

Do not hesitate to contact Polynk.com if you, for any reason, feel unhappy about our processing of your personal data. If you would still be of the opinion that your rights, according to GDPR, have not been satisfied you have the right to send a complaint to the regulatory authority. You will find more information concerning this on www.datainspektionen.se. 

Our contact details 

If you would like to contact us concerning our processing of your personal data or if you have questions concerning this privacy policy, you are welcome to contact us on gfy@polynk.com. Copyright (©) 2021 Polynk.com