CHONGQING, CHINA – November 14, 2024 A delegation from Kazakhstan’s National Oil Refining Company (KazOil Refining), led by Deputy Director Diaz Diyanov, visited Chongqing Wankai to explore potential collaboration in the new materials industry. This visit marks a pivotal step in strengthening ties between the two companies, driven by shared objectives of innovation, sustainability, and mutual growth.
PET base film plays a critical role in the design of solar panel backsheets. As the global solar market is expected to grow at a compound annual growth rate (CAGR) of over 20% from 2023 to 2030, the demand for high-performance materials such as PET base film is increasing. To meet this demand, Wankai New Materials Co., Ltd. offers two advanced PET resins, WK-681 and WK-711, specifically developed for solar backsheet applications, utilizing efficient and eco-friendly production processes.
The packaging landscape is rapidly evolving as consumer preferences shift towards high-quality, durable solutions that reflect sustainability and visual appeal. In this context, thick-walled transparent containers are gaining prominence, particularly in the cosmetics, food, and household goods sectors. As brands aim to enhance their market presence, the use of advanced materials like PET (Polyethylene Terephthalate) plastic becomes crucial for meeting these demands.
Founded in 2008, Wankai New Materials Co., Ltd. (Stock Code: 301216) has become a global leading manufacturer in PET resin bottle-grade, with an annual production capacity of 3 million tons. As part of our global expansion strategy, we are constructing a Solid-State Polycondensation (SSP) facility in Nigeria, the final step in enhancing PET properties, and have established PT. WANKAI TRADE INDONESIA to strengthen our presence in the rapidly growing Southeast Asian market.
On October 12, the All-China Federation of Industry and Commerce unveiled its list of the “Top 500 Private Enterprises” and “Top 500 Private Manufacturing Enterprises” for 2024. Wankai New Materials Co., Ltd. proudly secured a place on the list of China’s Top 500 Private Manufacturing Enterprises, underscoring its leadership and strength in the industry through outstanding market performance and continuous innovation.
In a testament to its commitment to quality and innovation, Chongqing Wankai New Materials Technology Co., Ltd.., a subsidiary of Wankai New Materials Co., Ltd., has been recognized as one of the leading enterprises in the region, solidifying its position in the competitive landscape of the PET industry.
In the pursuit of exceptional polyethylene terephthalate (PET) quality, Wankai New Materials Co., Ltd. consistently upholds a fair, scientific, precise, and efficient quality policy, strictly adhering to the ISO9001 quality management system in the research, development, production, and service of PET resin.
Recently, the 2024 Top 500 Chinese Petrochemical Enterprises list was announced, revealing the rankings for both petrochemical enterprises and listed companies. Wankai New Materials Co., Ltd. and its parent company, Zhink Group, made notable appearances on the list, securing the 54th position among listed companies and a spot in the overall Top 500.
Recently, Zhejiang Merchants magazine officially published the "2024 Zhejiang Merchants National 500" list, where Wankai New Materials Co., Ltd. secured the 127th position, highlighting the corporate competitiveness in China's private economy.
The Jiaxing Science and Technology Bureau has officially recognized KaiPuQi New Materials as a high-tech research and development center for 2024. This prestigious designation underscores the company's significant progress in technological innovation and sets a robust foundation for future development.
The Forum on China-Africa Cooperation (FOCAC) has recently concluded, showcasing the substantial progress made in China-Africa partnerships. Wankai New Materials Co., Ltd., based in Zhejiang Province, has reported an impressive achievement—its export orders to Africa have more than doubled this year. This milestone highlights Wankai’s strong performance in the international market and further enhances economic cooperation between the two regions.
Wankai New Materials Co., Ltd., a leading global manufacturer of bottle-grade PET, has once again demonstrated its commitment to excellence by organizing a comprehensive quality control (QC) skills competition. This event, held from August 19 to 26, was designed to further enhance the stability and efficiency of our production processes and ensure the highest standards of product quality.
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