# Zhejiang Petrochemical to start production at high-performance resin and new materials projects

The Daishan zone of Zhoushan Free Trade Experimental Area is accelerating construction of a high-performance resin project and a high-end new material project with a total investment of nearly 100 billion yuan. The first batch of equipment is expected to be put into production in September 2025, with full operation by end of 2025.

- Type: Expansion
- Announced: 2025-09-24
- Where: Daishan, Zhoushan, Zhejiang, China, China
- Value: $14.0B (100.0B CNY)
- Starts operating: Sep 2025
- Status: under construction
- Products: LDPE/EVA, EVA, LDPE, DMC, PMMA, ABS, α-olefin, POE polyolefin elastomer, polybutene-1, acetic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Zhejiang Petrochemical](https://endata.com/companies/4158.md)

## Sources

- [7cfindustries.com](https://7cfindustries.com/investment-of-nearly-100-billion-highperformance-resin-highend-new-materials-project-to-commence-first-phase-production-in-september/), 2025-09-24: "On the basis of the phase one and two projects of the base, we plan to further 'reduce oil and increase chemistry,' extend the industrial chain, and develop downstream green, high-end, and functional new materials."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.