Recently, Puyang City in Henan Province held a chemical new materials industry docking conference themed on "Forge a New Materials Industry Chain for Better Future of Chemistry ". 13 project signing intentions were reached at the conference, with a total investment of 8.29 billion yuan. Among them, there is one project worth over 3 billion yuan and two projects worth over 1 billion yuan.

The signing ceremony for six projects kicked off at the event site, including the 2-methylfuran project of Shandong Yinuo, a company in Puyang County, annual production of 30,000 tons of polylactic acid coating project of Xinjiang Tianye, a company in Nanle County, isocyanate and pharmaceutical intermediates project of Xinrui Pharmaceutical, a company in Fanxian County, annual production of 400,000 tons of negative electrode material integrated project of Hefeng Technology, a company in Taiqian County, special phenol project of Hunan Changlian, a company in the Economic Development Zone and polymethoxy dimethyl ether project of Zhonghan New Infrastructure, a company in the Industrial Park.

Chemical new materials are an important foundation for supporting national strategic emerging industries and the future trend of transformation and upgrading of traditional petrochemical industries. Relying on the only provincial new chemical industry base approved by the Henan Provincial Government, Puyang regards chemical new materials as the "main track" for emerging industries to seize the market, integrates technological innovation into the entire process of industrial development and promotes the transformation of traditional petrochemicals into new, high-end, and fine chemicals. Now, it gradually forms a chemical new materials industry chain underpinned by five characteristic chains including carbon-based new materials, green coatings, high-end polyolefins, biobased materials and high-end fine chemicals and electronic chemicals as it strives to focus on building a first-class domestic new materials industry base.