Trinseo recently ventured into a new polycarbonate recycling facility in the Zhangjiagang Free Trade Zone
Trinseo has recently finalized an agreement to establish a new polycarbonate recycling facility in the Zhangjiagang Free Trade Zone. The venture involves a USD 20 million investment, with an initial phase targeting yearly output of 5,000 tons. The signing ceremony was attended by Zhangjiagang Municipal Party Committee Secretary Han Wei, alongside Trinseo's leadership including CEO Frank Bozich and other senior executives.
In his address, Han Wei characterized the project as technologically advanced and well-aligned with the city's industrial direction. He conveyed confidence in the collaboration's potential and encouraged Trinseo to expedite the project's development while introducing more innovative technologies and high-value investments to Zhangjiagang. He reaffirmed the municipal government's commitment to providing a superior business environment that meets international standards, emphasizing shared dedication to high-quality development.
Frank Bozich acknowledged the sustained support from local authorities, noting that it has been instrumental to Trinseo's steady growth in Zhangjiagang. He stated that the new recycling initiative would expand the company’s local presence and support circular economy objectives through technological advancement.
Trinseo, a specialty materials solutions provider, was an early investor in the Yangtze River International Chemical Park. The company develops material innovations for sectors including automotive, electronics, and healthcare. Since entering Zhangjiagang in 1998, Trinseo has invested close to USD 400 million, establishing its largest manufacturing site in the Asia-Pacific region.
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Zhangjiagang has prioritized the development of functional new materials and high-end fine chemicals, attracting numerous leading firms in the chemical sector. The area is now home to 169 major industrial enterprises and 26 Fortune Global 500 companies, with its chemical new materials industry approaching ¥ 80 billion (USD 11.7 billion) in annual output. The addition of Trinseo’s latest project is expected to accelerate progress toward a ¥ 100 billion (USD 13.75 billion) industrial cluster in chemical new materials.
