A 500-million-yuan ($74.48-million) pilot incubation park has opened in Taixing Economic Development Zone, designed to close the gap between laboratory breakthroughs and commercial production in the chemical new materials sector.
The pilot incubation park for the chemical new materials sector opens in Taixing Economic Development Zone. [Photo/WeChat account: txfabu]
The two-year project creates a full-lifecycle service ecosystem spanning from small-scale testing to commercialization. It can host 20 pilot projects simultaneously, with the first batch of tenants already installing equipment and additional projects undergoing approval processes.
Among the early entrants is Vegematerials New Materials Technology (Taizhou), the first domestic firm to convert palm oil byproducts into industrial chemicals. The company has overcome technical bottlenecks in low-unsaturation palm oil conversion, producing formaldehyde-free adhesives for wood panels and asphalt rejuvenators for road maintenance.
"The park allows us to operate rent-free for three years and provides complete wastewater and exhaust treatment infrastructure, making it possible for us to fully test product performance and process stability," said production director Shao Peng.
The park targets high-end polymers, electronic chemicals, new energy materials, bio-based materials and advanced fine chemicals, aligning with the zone's industrial priorities. Officials said the facility will leverage the park's solid industrial foundation and innovation system to build a shared resource platform, accelerating the integration of scientific and industrial innovation.
By addressing the "missing middle" of pilot production, Taixing aims to cultivate new quality productive forces in chemical new materials and strengthen its position in the sector.