Recently, it was learned from the Sinopec Information Office that the construction of Sinopec's 250,000-ton/year thermoplastic elastomer project started today. The project is one of the major industrial projects in Shanghai in 2022, with a planned total investment of 3.27 billion yuan. It is expected to be completed and put into operation in the second half of 2023. It will fill the gap that Sinopec has no such device in East China, and further promote the intensification of my country's new material industry, High-end development, cultivate new advantages in the development of new material industry, and build a new strategic fulcrum for the future development of the Yangtze River Delta region.

Thermoplastic elastomers are basic polymer materials related to the national economy and people's livelihood. As a green and environmentally friendly elastomer, thermoplastic elastomer is widely used. It combines the advantages of rubber elasticity and plastic processability. The material can be recycled and reused, and the product is safe and environmentally friendly. Because of its excellent performance, thermoplastic elastomers are widely used in sports tracks, sole materials, maternity and baby products, medical consumables, sporting goods, epidemic prevention products, antibacterial and mildew proof materials, 5G communication fiber optic cables and other product fields, and can even be implanted into the human body. ,toxic free and safe. According to the latest data released by the International Synthetic Rubber Producers Association, styrene-based thermoplastic elastomers are the best-performing varieties in global synthetic rubber consumption in recent years.