Zhejiang Materials Industry Chemical Group Co.,Ltd

Zhejiang Materials Industry Chemical Group Co., Ltd is a registered holding subsidiary founded by Zhejiang Materials Industry Group in 2005 through integrating interior chemical business in the hope of better developing chemical industry section. It has a registered capital of 100 million RMB. As one of the 20 large scale logistics enterprises cultivated by Chinese government with emphasis, Zhejiang Materials Industry Group took 60th place of Top 500 Chinese Enterprises Rank and 1th place of Top 500 Zhejiang Enterprises Rank in 2008. The company mainly deals in polyester fiber materials, organic industrial chemicals, plastic materials, fine chemical products and rubber materials, and has formed a certain market and exerts great influence. The company has forged a good relationship with petrochemical companies at home and abroad, such as Sinopec, CNPC, PETROLEUM, Shanghai Jinfei, Hualian Sunshine and with international enterprises such as Itochu, Marubeni, etc in upper stream and has laid a comprehensive sales network to local manufactures in and out of the province in down stream. The estimated sales income of 2008 is 4.0 billion RMB. ZJMI Chemical Group Co., Ltd has established a strategic alliance with a specialized manufacture of 100% polyester FDY (full drawn yarn), polyester POY as well as polyester chips founded in 1979, covering an area of 100, 000 square meters and having more than 2300 employees. It has 2 polymer spinning lines with total capacity of 400, 000 metric tons per year. All relative accessories such as 12 lines of FDY and 12 lines of POY are imported from TMT(Japan).