Recently, Wanhua Ningbo High Performance Materials Research Institute and series industrialization project held a groundbreaking ceremony in Ningbo Daxie Development Zone. The total investment of the institute is about 7 billion yuan, and it is planned to be completed in mid-2020. It is planned to start and build in succession between 2018 and 2021. After the completion of the project, the output value of Wanhua Ningbo Industrial Park is expected to double on the existing basis.
According to reports, Wanhua Ningbo High Performance Materials Research Institute will mainly engage in the research and development and industrialization of non-chemical synthetic polyurethane new materials, special isocyanates, environmentally friendly surface materials, high performance modified materials, etc., and plan to form 150 in 5 years. More than one invention patent, 10 major research and development achievements and more than 300 invention patents have reached the international first-class level within 10 years. The institute will establish an innovation system that integrates basic research—process development—engineering—industrialization—products into one. Change the current high-end chemical materials products technology in China is monopolized by multinational chemical giants, products rely heavily on imports, and establish a new image of green, low-carbon, high-efficiency industry.
Jiang Guoliang, deputy secretary of the Party Working Committee of Daxie Development Zone and executive deputy director of the Management Committee, believes that the project will greatly promote the construction of the world's largest and most competitive MDI, HDI manufacturing center, China's largest waterborne resin manufacturing base and new chemical industry. The Material Application Development Center will fill the gap in Zhejiang's high-end chemical new material products, systems, and markets.