Biodegradable Plastics / PIC NEW

Puyang Shengtong Juyuan New Materials Co., Ltd. was founded in 2016 with a registered capital of 1.37 billion yuan. It specializes in the R&D, production and sales of polycarbonate and its modified materials, and is a joint-stock company of PetroChina as well as a national high-tech enterprise. The company adopts the non-phosgene melt transesterification production technology with independent intellectual property rights, breaking foreign monopolies and filling the gap in Henan Province's chemical new materials field. Its Phase I 130,000-ton/year PC project was put into production in 2019. The Phase II project, co-constructed with PetroChina, is a 54,000-ton/year special polymer project, covering high-end special engineering materials and fine chemicals such as polyetheretherketone (PEEK) and hydrogenated bisphenol A (HBPA). In the future, the company will focus on polycarbonate, expand the high-end PC field, build a polycarbonate new materials science and technology park, and promote the high-end development of the industrial chain.