China XD Plastics opens facility in Sichuan

Chinese compounder for the automotive sector, China XD Plastics Company recently inaugurated its new manufacturing facility in Sichuan. The facility will have an initial capacity of 50,000 tonnes/year and will be expanded to 300,000 tonnes/year later; with a total investment of RMB2.8 billion and 70 production lines. It also expects to achieve sales of RMB1 billion this year.

"We are grateful for the tremendous support from the Nanchong municipal and Shunqing district authorities as our new production facility in Sichuan Province was completed in a little over a year since the company broke ground," said Jie Han, Chairman of the Board of Directors/CEO.

Han also said at the commissioning ceremony, 700 guests were previewed to the fully automated facility, which will diversify the company’s product platform to additional high-growth vertical sectors of advanced transportation, bio-degradable materials, medical-grade materials and food packaging.

"Our plant has been designed at the highest production specifications with state-of-the-art equipment to facilitate product deployment into new growth verticals while maintaining the highest standards in quality control and batch consistency," continued Han. "The new facility extends our geographical reach beyond our established Harbin base and new facilities in Dubai."

The company says as of March 31, 2016, 369 of its products have been used in the exterior and interior trim and in the functional components of 28 automobile brands manufactured in China, including Audi, Mercedes Benz, BMW, Buick, Chevrolet, VW Passat, Golf and Jetta, Mazda, and Toyota. It also has an R&D centre for polymer composites materials.