Recently, Shin-Etsu Chemical of Japan and the Pinghu Municipal Government of Jiaxing City, Zhejiang Province announced that the two parties have signed an investment agreement, and the Shin-Etsu Chemical silicone project will be located in the Dushan Port Economic Development Zone of Pinghu City.
It is reported that the Shin-Etsu Chemical Dushan Port project is funded and constructed by Shin-Etsu Chemical Industry Co., Ltd. and mainly produces silicone resin products. The total investment in the first phase of the project is approximately US$20 million. The project covers an area of 30 acres and has a planned production capacity of 5,000 tons of silicone products per year. After reaching full production, the output value per mu and tax revenue per mu are expected to reach 9.5 million yuan and 1.1 million yuan respectively.
Shin-Etsu Chemical is one of the top 20 multinational companies in the global chemical industry, and its silicone product market ranks fourth in the world. With the strong support of Shin-Etsu Chemical, the Dushan Port project is expected to reach the advanced level in the industry in the future. The products produced by this project mainly include silicone defoaming agents, fiber treatment agents, release agents, power semiconductor silicone sealants and other products used in electronics, electrical, automobile manufacturing, machinery manufacturing, chemical industry, textile, food industry and construction engineering. field.
The new materials industry is one of the strategic leading industries in Pinghu City. Currently, it has introduced Fortune 500 companies in the new materials industry such as BASF, Allnex, Japan's Mitsubishi, and South Korea's Samsung. This year, the city once again introduced leading international industry companies such as South Korea's SK and Switzerland's Sika.
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