$138m hi-end new material project breaks ground in Tangjiawan
The groundbreaking ceremony of the 30,000-sqm (7.4-acre) Zhuhai Bready Polymer Membrane Materials Industrial Base Project was held on Oct 27 at the Integrated Circuits Area of Jinding Industrial Park.
The project, which has floorage of 90,000 sqm (22 acre), will be built by Zhuhai Bready New Materials, a wholly-owned subsidiary of Nanjing Bready, with an investment of 1 billion yuan ($138 million).
Rendering of Zhuhai Bready Polymer Membrane Materials Industrial Base Project [Photo by Wu Changfu / Guanhai App]
It is designed to be an industrial base for the research and development, production, as well as sales of functional polymer film materials in the new energy storage and new-type display sectors. Upon operation, it is expected to generate an annual output value of more than 1.5 billion yuan ($207.7 million) and help optimize the industrial structure of the Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan), boosting the development of China's high-end membrane materials industry.
Nanjing Bready, which focuses on the R&D, production, and sales of new multifunctional polymer materials, has been designated a national hi-tech and specialized, elaborate, characteristic, and emerging "little giant" enterprise.
It has made several breakthroughs in the R&D and production of multifunctional polymer materials and acquired a number of patents.
An official of the Zhuhai National Hi-Tech Industrial Development Zone (Tangjiawan) noted that the zone will provide incubator-style and one-to-one services for enterprises settling in the area to support their project's development.