Meilan Group, founded in 1958, is the first chemical enterprise in Taizhou. In 2015, the company launched a project to develop fluorine-containing materials worth 1 billion yuan ($147 million) to expand its industrial footprint.
Taixing is making significant strides in sustainable industrial development, particularly within its chemical industry, a key sector of the city for green growth.
The semiconductor precursor material project operated by Origin Materials Technology is helping enhance the core competitiveness of regional industries.
The pilot project for the annual production of 1,000 metric tons of palm oil-based new materials, settled in the Taixing Economic Development Zone Pilot Test Incubation Industrial Park, broke ground on March 5.