Chenqiang Chemical Co. Ltd Received Award of Transformation and Upgrading from Liyang Government

Jan 15, 2014, 09:30 ET from Chengqiang Chemical Co., Ltd.

SHANGHAI, Jan. 15, 2014 /PRNewswire/ -- Chenqiang Chemical Co. Ltd  ("Chenqiang "), a leader in the acrylic industry, recently announced that its series of acrylic sheets have been officially issued the award of transformation and upgrading and private scientific and technological enterprise that was issued by the Liyang government in 2012.

About Chenqiang Chemical Co. Ltd

Chenqiang's main production is of various acrylic sheets, which are widely used in the advertising industry, as sanitary ware, as bathware, in high-end gift box packaging and decoration lighting fields. New materials are used more and more widely and the market prospect is very optimistic. For earth and our future, environmental protection is the company's operating philosophy and guidelines for action. The company will create a win-win model of corporate of social economic benefits and environmental benefits geared toward stable development and production, and contributing to the development of the local economy.

About Location and Infrastructural Facilities

Chenqiang is located in Changzhou Liyang City, close to Anhui and Zhejiang provinces, within the Yangtze River Delta economic zone. The company's facilities cover an area of ​​about 25,000 square meters, with a construction area of ​​7,000 square meters, located strategically and close to convenient transportation. The geographical position is superior, as it is situated on Highway 239 within 200 kilometers of Nanjing, Hangzhou, Suzhou and Zhangjiagang. Furthermore, it is only 80 kilometers away from Nanjing Lukou International Airport and just 60 kilometers away from Changzhou airport.

In order to meet growing international demand, but also to save energy, improve product quality and upgrade quality, the company is completing an infrastructure project valued at over RMB 10 million, which will include an automatic production line for acrylic bathtub plates that began in December 2010.The first phase of the project, valued at more than RMB 1 billion, increased the size of the standardized plant by 3,000 square meters; the second phase will add an additional 3,800 square meters to the plant. These investments will allow the company to expand production scale, mine potential production and scientific management and exploit efficiencies of scale.

About Market - Acrylic History (market prospects)

Prospects of plexiglass market development: Plexiglass is an important early-developed thermoplastics product, with transparency, stability and weather resistance. It is easy to stain, easy to process, beautiful in appearance, and has a wide range of applications in the construction industry.

In the construction industry it is mainly used in lighting, roofs, stairs, interior walls and more. In recent years, plexiglass is used in lighting roadside lamps on streets and highways, and also in advanced automotive lighting. With the construction of restaurants, hotels and high-end residential projects in growing cities, the market for this type of light has developed rapidly. Compared with inorganic glass lighting devices, the extrusion plates made of organic glass, such as in common house lighting, is high strength, light weight, has high light transmittance and good safety performance.

In terms of houseware, organic glass can make bathtubs, lavatory accessories, dressers and so on. It has a wide range of applications. For example, an organic glass bathtub has a luxurious appearance, deep feeling, is easy to clean, has high strength, and is comfortable.

At present, the United States and Japan have mandatory provisions in their laws requiring the use of plexiglass in primary and secondary construction. It is expected that China could follow suit in the near future and make corresponding provisions. At the same time, China is trying to speed up the pace of urban construction, which means more demand for products made of plexiglass such as street signs, advertising light boxes and telephone booths. Thus, the market prospect of plexiglass development is very broad and promising.

For more information, please visit CHENQIANG's official website: /

SOURCE Chengqiang Chemical Co., Ltd.