Modified Plastics Giant: 16 New Production Lines Built in Anhui

Anhui Polynt New Materials Co., Ltd. "Anhui Polynt New Materials Co., Ltd. Polynt's Annual Production of 50,000 Tons of High-end Automotive Modified Materials Project" Environmental Impact Report Form Pre-approval Public Notice.

The project involves the establishment of 16 new modified plastic production lines along with supporting water supply facilities, power supply facilities, testing facilities, and environmental protection facilities, designed for an annual output of 50,000 tons of high-end automotive modified materials.

The main raw and auxiliary material, black masterbatch, has an annual designed usage of 2.5 tons. According to the Color Masterbatch Industry Network, this black masterbatch comes from Jiangsu Haiyan New Materials Co., Ltd.

Jiangsu Haiyan New Materials Co., Ltd. was established in 2018. The company focuses on the research, development, and production of high-end plastic color masterbatches, functional masterbatches, and modified engineering plastics. Its products are widely used in fields such as automobile manufacturing, aerospace, electronics and electrical appliances, and food packaging.

In 2021, Jiangsu Haiyan's wholly-owned subsidiary, Xuzhou Haiyan Technology Materials Co., Ltd., invested in the construction of a "Masterbatch Processing Project for New Energy Vehicle Components" in the Qing'an Town Industrial Park, Suining County. The total investment of the project is 150 million yuan, equipped with 16 color masterbatch production lines and 2 modified plastic production lines, with an annual production capacity of 20,000 tons of color masterbatch and 10,000 tons of functional masterbatch. The project was fully put into operation in September 2023.