- Trinseo invests $20 million in a recycling PC project in Zhangjiagang Free Trade Zone.
- Phase I aims for an annual production capacity of 5,000 tons.
- Trinseo has invested nearly $400 million in Zhangjiagang since 1998.
Project Overview
On August 19, Trinseo signed an agreement to initiate a recycling polycarbonate (PC) project in the Zhangjiagang Free Trade Zone. The project involves a $20 million investment, with Phase I targeting an annual production capacity of 5,000 tons.
Strategic Alignment
The project aligns with Zhangjiagang’s industrial development strategy, focusing on advanced technology and market potential. The local government is committed to fostering a business-friendly environment to support this initiative.
Local Impact
Trinseo's new project is expected to boost Zhangjiagang's efforts to develop a RMB 100 billion-level chemical new materials industrial cluster. The city already hosts 169 large-scale enterprises and 26 Fortune Global 500 companies, with the chemical new materials industry generating nearly RMB 80 billion in output.
Historical Context
Trinseo, a global leader in materials science, was one of the first foreign enterprises in the Yangtze River International Chemical Park. Since 1998, the company has invested nearly $400 million in Zhangjiagang, establishing its largest production base in the Asia-Pacific region.
