Zhangzhou Chimei ABS plant has a total production capacity of 450,000 tons/year, and the current operating rate is over 60%. The source of goods is mainly supplied to core customers, and the shipping price is stable, and merchants follow the market.

According to the Sky Eye App, Sinopec Recycling Technology Co., Ltd. completed its industrial and commercial registration in mid-October. The company was funded and established by China Petrochemical Chemical Sales Company, Ltd. and indirectly wholly owned by China Petrochemical. The business scope covers multiple aspects such as recycling, processing, and sales of renewable resources, and manufacturing of plastic and rubber products, marking the entry of another leading enterprise into the field of recycled plastics.