Wison New Material

Dedicated to becoming an innovator of the traditional chemical industry, Wison New Material aims to integrate the upstream and downstream sectors and to develop the new materials with a differentiating strategy.

Wison New Material is to create a complete new petrochemical material value chain by constantly learning from the past, making use of the advantages of the group and the other sectors of Wison and collaborating with its partners.

Light Hydrocarbon Industry

Wison New Material obtains feedstock including light olefin and methanol from all over the globe and selects appropriate locations to produce methanol and fractionate propane in the upstream to guarantee the competitiveness of the feedstock cost. In places where feedstock competitiveness is prominent but transportation is inconvenient, Wison will produce downstream solid products such as polyolefin which is easy to transport.

By establishing MTO, propane cracking/dehydrogenation plants to manufacture products including ethylene, propylene and butadiene, Wison aims to meet the domestic demand of olefin monomers and the demand of developing downstream products with business partners as well. In the meantime, Wison will extend its downstream value chain to produce basic materials for the automobile industry and the white household appliance industry with partners so as to establish a high value-added olefin industrial park.

New Material Industry

Wison New Material pays close attention to the domestic and overseas developmental trend of the new materials and invests in the construction of advanced new material production plants. With a New Material Research Institute established, it develops differentiating and diversified new material technologies and markets through new technologies/new materials development and equity M&A. Based on the olefin industrial park, Wison targets to become one of the material suppliers directly facing the end users and an integrated solution provider for new material customers.

Chemical Trading

Wison (Ningbo) Chemicals Ltd. was founded in October 2017 and is now actively conducting international trading business of liquid and solid chemical products. Its first import trade was completed in January 2018 with sales revenue of 5.3 million RMB.

The trading company serves the olefin industry and also covers information collection, market development and R&D promotion. It aims to improve the capabilities of risk hedging and profits generating and also to enhance Wison’s impact in the new material area by constantly expanding trading businesses.