Wanbo New Material Advances With Dual Initiatives: RMB 115 Million Expansion Project For Capacity Upgrade And Technological Optimization

Hz info:The environmental impact assessment report for the expansion and renovation project of Wanbo New Material Technology (Nantong) Co., Ltd. (hereinafter referred to as "Wanbo New Material") has entered the public disclosure stage. This project, which involves an annual production capacity of 16,000 tons of acrylic resin, 10,000 tons of polyester resin, and the modification of fluorocarbon resin units, marks a critical step in the company's efforts to enhance production capacity and technological advancement in the high-end synthetic resin sector.

The project, with a total investment of 115 million RMB, will be carried out within the existing plant area, combining expansion with technical upgrades. The construction period is expected to be 12 months. The expansion and renovation project consists of two main components: first, the expansion of annual production capacity to include 16,000 tons of acrylic resin (comprising 4,000 tons of high-solid low-viscosity acrylic resin, 5,000 tons of liquid high-solid acrylic resin, 2,000 tons of modified acrylic resin, and 5,000 tons of solid acrylic resin), as well as 10,000 tons of high-solid polyester resin; second, technical upgrades to existing production facilities for fluorocarbon resin, acrylic resin, water-based polyester resin, polyester resin, and leveling agents. These upgrades will optimize process parameters and feeding methods to enhance reaction stability and product quality, without increasing the original production capacity.

Established in September 2016, Wanbo New Material is a high-performance coatings manufacturer jointly invested by Libo Investment Development Co., Ltd., Wuxi Yali Investment Development Co., Ltd., and Wuxi Huadong Zindun Technology Co., Ltd. The company is located in the Lingang Industrial Zone of Yangkou Port Economic Development Zone in Rudong County, Nantong, with a registered capital of 221.5 million RMB. It operates a modern production base and maintains a comprehensive R&D and sales system.

As a technology-driven enterprise, Wanbo New Material has been recognized as a "Specialized, Refined, Unique, and Innovative" SME in Jiangsu Province, a National High-Tech Enterprise, and has been designated as a Nantong Municipal Enterprise Technology Center. The company has established stable industry-university-research partnerships with institutions such as Jiangnan University and Zindun Chemical, accumulating 18 invention patents and 20 utility model patents. The company's predecessor, Wuxi Wanbo Paint and Chemical Co., Ltd., was established on November 10, 2003, and is a member of the Fluorine Committee of the China Chemical Society Coatings and Coating Professional Committee. It is a comprehensive chemical enterprise integrating research, production, sales, and service. The "Yaliqi" brand coil coating has been recognized as a famous brand product in Wuxi and holds a leading market share in China. Since its commissioning in the Yangkou Chemical Industrial Park in 2017, Wanbo New Material has established an annual production capacity of thousands of tons of fluorocarbon resin, acrylic resin, and various coating products.

Leveraging extensive industry experience, the current expansion and renovation project will focus on increasing production of environmentally friendly functional resins and specialty functional resins, including high-solid low-viscosity acrylic resin, liquid high-solid acrylic resin, and modified acrylic resin, which are products encouraged by policy. This project will further optimize the company's product portfolio, extend the industrial chain, and drive the company's continuous advancement into high-end and specialized sectors.