The reporter learned from the Taiwan Affairs Office of Jiangyin City, Jiangsu Province on the 1st that a total investment of 50 million US dollars in Taiwan Gaoding polyurethane materials project has settled in the city, is expected to put into production after the annual sales of up to 700 million yuan.
The project is located in Lingang New City New Materials Industrial Park in Jiangyin, with a total investment of 50 million US dollars. Taiwan Gaoding Chemical Industry Co., Ltd. has also become the largest Taiwanese-funded enterprise in the current industrial park investment. The project covers an area of ​​80 acres and mainly produces polyester polyols, polyurethane heat-resistant plastic pellets, and polyurethane adhesives. The project is expected to be completed and put into production this year, with annual sales of up to RMB 700 million and taxes paid over RMB 50 million.
Taiwan Gaoding Chemical was established in 1988. It mainly produces fine chemicals such as PU resins, polyols, and polyurethane (TPU). Its annual output reaches 70,000 tons, and it has annual sales of NT$4 billion. It has now become the largest TPU in Asia. One of the suppliers.
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