Mitsubishi Chemical High Performance Materials Project Lands in Economic Development Zone

Mitsubishi Chemical High-Performance Materials project is established in the Economic Development Zone. The project will focus on the research and production of advanced products such as ultra-high molecular weight polyethylene (UHMW-PE), polyether ether ketone (PEEK), and polyethylene terephthalate (PET), which are widely used in high-end fields such as humanoid robot joints, medical implants, lightweight automotive, and aerospace heat-resistant applications. The project features high technical barriers and broad market prospects. This project marks the first production base established by Mitsubishi Chemical's Advanced Materials Business Group in China, signifying the beginning of localized production of the group's high-performance engineering plastics, which holds significant strategic importance. The project is expected to start production by the end of this year, with a planned capacity of over 600 tons. After completion, the new company in Changshu is expected to achieve annual sales revenue of over 300 million yuan.