Epoxy curing agent News Wantong Special Plastic: Independent Innovation! Castor beans turned plastic

Wantong Special Plastic: Independent Innovation! Castor beans turned plastic

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Wantong Special Plastic: Independent Innovation!  Castor beans turned plastic

In many people's minds, plastics are extracted from petroleum, and there is such a company in Nanshui Town, Jinwan District, Zhuhai City, which uses renewable castor beans as raw materials. Through independent innovation, a bio-based semi-aromatic polyamide special engineering plastic has been developed. Its products have the characteristics of low water absorption, high temperature resistance, creep resistance, and fatigue resistance. They are located at the "top of the pyramid" in the plastic family and are widely used in electronics , automobiles, communications, home appliances, lighting, plumbing and other industries.

Zhuhai Wantong Special Engineering Plastic Co., Ltd. (hereinafter referred to as "Wantong Special Plastic") is affiliated to Kingfa Technology Co., Ltd. (hereinafter referred to as "Kingfa Technology") and is located in Nanshui Town, Jinwan District, Zhuhai City. Kingfa Technology is an A-share listed company focusing on R&D, production, sales and service of high-performance new chemical materials. It has 47 subsidiaries around the world. Wantong Special Plastic is a member of the Kingfa Technology family that focuses on the research and development of special engineering plastics. It is also a leading enterprise breaking the international monopoly in the field of special engineering plastics.

Keep improving and keep improving: keep surpassing and breaking international monopoly

From the beginning of its birth, Wantong Special Plastic has the attribute of "transcendence". It is understood that special engineering plastics have been monopolized by established foreign chemical companies for a long time, and both technology and products have been "stuck". In order to break the monopoly, since 2006, Kingfa Technology has started the research and development of bio-based semi-aromatic polyamide polydecanediamide terephthalamide (PA10T) based on domestic raw material monomers, and established Wantong Special Plastics in 2015 to specialize in the development of Special engineering plastics.

Compared with PA6T and PA9T produced abroad in the past, PA10T has better performance and has gradually been recognized by the market. It not only fills the domestic gap, but also takes the lead in realizing the 10,000-ton industrialization of PA10T in the world. At present, the PA10T of Wantong Special Plastics has accounted for more than 90% of the global market share, and has achieved the leapfrogging of key technologies and products "from scratch, what everyone has and what I have".

"What makes me most proud is our LED bracket material. This material, which used to rely 100% on imports, has now achieved domestic independence because of our PA10T." said Xu Xianjun, general manager of Zhuhai Wantong Special Engineering Plastics Co., Ltd. .

According to reports, the size of the bracket of the LED lamp bead is very small. On average, one plastic particle can produce two reflective brackets. For a relatively small model, one plastic particle can even form 10 brackets. A display may require 1 million LED lamp beads. Just because the size of the bracket is very small, the requirements for the uniformity and stability of the plastic particles forming it are higher, and it is more difficult to obtain market approval for new products.

After PA10T was recognized by the market, Wantong Special Plastics independently developed and industrialized liquid crystal polymer (LCP) and polyarylethersulfone (PAES) materials. Among them, the production and sales of LCP ranked first in China, breaking the long-standing record of similar products. Products rely only on imports. In addition, in recent years, the company has used self-produced resins to develop and industrialize high-value-added downstream application semi-finished products, such as LCP films and fibers for 5G communications. go ahead.

Today's Wantong Special Plastic has a relatively complete industrial chain from resin polymerization to blending modification and application. It is a special engineering plastics enterprise with the most varieties and the largest scale of industrialization in China, and has strong international influence.

High-quality development: equal emphasis on humanistic care and R&D and production

For the high-quality development of an enterprise, the most important thing is the core competitiveness, so where does the core competitiveness come from? Create a good corporate culture, pay attention to the development of employees, promote technological innovation with people as the core to generate lasting power, and pay equal attention to humanistic care and R & D and production. This is the answer of Wantong Special Plastic.

In recent years, with the rapid development of the company, employees have higher requirements for quality life. While continuously improving the accommodation conditions of employees, Vantone Special Plastics also enriches the activities of employees after work, such as organizing reading clubs, photography competitions, A large number of trade union activities such as ball games meet the life and entertainment needs of employees. In addition to building hardware facilities, Wantong Special Plastics pays attention to the development of employees, formulates a talent training system, gives employees room for upward development, supports and encourages employees to obtain industry-related certificates, and thus achieve greater career development.

For many employees, Wantong Special Plastics has become a support and a warm family that can support them, and Wantong Special Plastics has also made more changes for employees to develop with peace of mind. In 2021, 4 employees hope to send their children to Zhuzhou to go to school due to work reasons. After understanding the demand, the company's leaders and the Human Resources and Administration Department attached great importance to it, and coordinated with the Economic Development Office of Nanshui Town to report the matter. After the company's efforts, the enrollment problem of the employees' children was successfully resolved.

Employees and the company have achieved each other. Since its incorporation in October 2015, Wantong Special Plastic has grown by leaps and bounds year by year in terms of operating income. From 153 million yuan in 2016 to 923 million yuan in 2021, it has increased by 6 times , with a compound annual growth rate of 43%. At the same time, Wantong Special Plastic maintains a relatively high level of profitability. In 2016, the company's net profit was 13 million yuan, and by 2021, it will achieve a net profit of 226 million yuan, an increase of 17 times, with a compound annual growth rate. It reached 78%, and the total amount of taxes and fees paid that year was 66.85 million yuan.

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