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Company news
Wankai New Materials Reports Strong Growth in First-Half 2026
Wankai New Materials Co., Ltd. has released its 2026 Half-Year Report, reporting significant growth in both revenue and net profit during the first half of the year.
Wankai's First Overseas Production Project Officially Commences Operations in Nigeria
300,000-Ton/Year Food-Grade Polyethylene Terephthalate (PET) Project Marks a Major Milestone in Wankai's Global Expansion
Deepening Central Asia Presence: Wankai New Materials Chairman Leads Delegation to Uzbekistan
On August 12, Shen Zhigang, Chairman of Wankai New Materials, led a delegation to Tashkent, Uzbekistan, for a business and investment study visit. The delegation conducted an on-site review of Wankai New Materials'Central Asia operations and held high-level discussions with Uzbekistan's national ministries, the Tashkent regional government and the Chinese Embassy in Uzbekistan.
Wankai New Materials' Bio-based PEF Project Wins Provincial Science and Technology Award, Advancing Green Polyester Innovation
Wankai New Materials and its partners have recently received the First Prize of the Anhui Provincial Science and Technology Award for the project “Key Technologies and Industrialization of Bio-based Furan Monomers and Polymers.”
China PET Resin Market Update: Supply and Demand Trends Enter a New Balance
As the second half of 2026 begins, China's polyethylene terephthalate (PET) resin market is gradually moving toward a more balanced operating environment after experiencing significant adjustments in the first half of the year.
Strengthen Safety Defenses & Empower Green Development: Wankai New Materials Concludes 2026 Safety Production Month Campaign
Safety serves as the bedrock of sustainable PET manufacturing, while eco-compliance drives high-quality corporate growth.
Wankai Subsidiary Qingmei Intelligent Plastics Advances to National Innovation Competition After Securing Third Place in Zhejiang Provincial Finals
Haining, China — Wankai New Materials is pleased to announce that its subsidiary Qingmei Intelligent Plastics has achieved third place in the Industrial Development Track at the Zhejiang Provincial Finals of the 2026 "Create to Win the Future" Entrepreneurship Competition, earning a place in the upcoming national competition.
China Opens PET Futures Market to Overseas Traders, Expanding Global Pricing Influence
The Zhengzhou Commodity Exchange (ZCE) has officially expanded international access to China's polyester futures market, allowing overseas traders to participate in a range of polyester-related futures and options products under the exchange's broader globalization strategy.
Wankai New Materials-backed Light Magnesium Intelligent Plastic Holds Grand Opening Ceremony in Hangzhou
On May 18, Zhejiang Light Magnesium Intelligent Plastic Technology Co., Ltd. under Wankai New Materials Co., Ltd., successfully held its opening ceremony at the Hangzhou Shihuan Innovation Center.
Wankai New Materials'Parent Company Zhink Group Honored as "2025 Zheshang Enterprise Green Development Model"
Zhejiang Zhink Group, the parent company of Wankai New Materials, has been named one of the "2025 Zheshang Enterprise Green Development Models".
Coca-Cola Delegation Visits Chongqing Wankai
A delegation from Coca-Cola visited Chongqing Wankai on March 25 for an inspection and exchange, aiming to strengthen mutual understanding, deepen business cooperation and explore opportunities for joint development. Xiao Haijun, Chairman of Chongqing Wankai, along with Rotating General Managers Zang Honghui and Zou Xubo, warmly received the delegation.
Zero Import Duty for PET and Key Chemicals in India, Valid April 2–June 30, 2026
In a move to strengthen domestic manufacturing and ease raw material cost pressures, the Government of India, through the Ministry of Finance (Department of Revenue), has issued Notification No.12/2026‑Customs (G.S.R. 246(E)), implementing a temporary zero‑import‑duty regime for critical industrial chemicals and plastic raw materials. The policy runs from April 2, 2026 to June 30, 2026.
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