Meishan, Sichuan – Shengxiang Polyurethane Polymer Material is to build a 15kT/year polyurethane flexible foam plant in Meishan, Sichuan province. The project received initial approval by local environmental authorities in November.
Located in Chengmei Petrochemical Park within the city’s Pengshen Economic Development Zone, the new plant has a total area of 27,000 m2 and is 50 km from the province’s capital city Chengdu. The company was set up on the same park in 2015.
According to Shengxiang’s environmental filing, the company plans to invest CNY 150m ($23m) in the project. Foam produced at the plant will be used in furniture, vehicle seat and cushion and acoustic insulation products.
The project will create 300 jobs when on stream and bring in CNY 23m annual net profit on CNY 200m sales, said the environmental filing.
A number of international and domestic chemical firms such as Dow, Polyone, Evonik and Jiahua are in talks to set up shop in the same park, said the local government’s website.
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