Wison Engineering joins hands with Lanshan Tunhe to build a benchmark in the PBAT industry

On the morning of May 17, 2021, a wholly-owned subsidiary of Wison Engineering (stock code: 2236.
HK) and Xinjiang Lanshan Tunhe Chemical Co.
, Ltd.
Science and Technology Co.
, Ltd.
("Vigray" for short) officially signed the EPC contract for the 240,000-ton/year polyester biodegradable resin project in Shanghai, marking a major breakthrough for Wison Engineering in the field of biodegradable plastics

Li Peng (left), Secretary of the Party Committee and General Manager of Lanshan Tunhe, Yan Shaochun (right), Executive Director and Chief Executive Officer of Wison Engineering, signed the agreement

From January 1, 2021, China has further upgraded from the "plastic restriction order" to the "plastic ban order", and the domestic degradable material industry has ushered in a period of major policy opportunities and a golden period of development
.
As a fully biodegradable plastic, PBAT (polybutylene terephthalate-adipate) has good heat resistance, impact performance and excellent biodegradability.
It is very active and active in the research of biodegradable plastics.
One of the best degradable materials in the market, it can significantly reduce the consumption of petroleum resources and alleviate "white pollution", which is of great significance to the sustainable development of our country
.

The project kick-off meeting has been successfully held after the signing ceremony, and the construction period is about 24 months
.
After the project is completed, it will further consolidate Lanshan Tunhe's position as the No.
1 in China and even the No.
1 in the world in the PBAT market
.

Li Peng, Secretary of the Party Committee and General Manager of Lanshan Tunhe, fully affirmed the professional ability and service level of Wison Engineering in the preliminary work, and expressed his approval for the project management and execution experience accumulated by Wison Engineering in the traditional energy field
.

At the same time, he emphasized, "This project is very important to the development of Lanshan Tunhe, and it is a new 'milestone' for the construction of the Lanshan Tunhe Million-ton New Biomaterials Industrial Park
.
It is hoped that the two parties will cooperate efficiently and support each other to jointly achieve early start of construction, Early production and early results will make the project a landmark project and demonstration project in the industry to achieve mutual benefit and win-win cooperation in this cooperation!"

Yan Shaochun, Executive Director and Chief Executive Officer of Wison Engineering, said, "We are very grateful for Lanshan Tunhe's trust and trust
.

This cooperation is also a new opportunity for Wison in green energy
.
We will definitely live up to our mission, keep our promises, give full play to our comprehensive advantages in systems and mechanisms, and combine our professional technical capabilities and scientific management experience to build this project into a benchmark project in the field of PBAT, and help Lanshan Tunhe's strategy Development, and contribute to building Lanshan Tunhe into China's No.
1 PBAT production base and a world-class environmental protection enterprise with international influence! "

Lanshan Tunhe Party Secretary, General Manager Li Peng, Deputy General Manager Liu Hua, General Manager of Vigray Biotechnology Wang Yonggang, Chief Engineer Mao Aimin, Wison Engineering Executive Director and CEO Yan Shaochun, Executive Director and Senior Vice President Dong Hua, Zheng Shifeng and Senior Vice President Cui Hongxing attended the signing ceremony
.