ZJRY Advanced Materials Technology Group specializes in the research and development, production and sales of non-toxic and environmentally friendly polymer foams. The main products are IXPE (irradiation cross-linked polyethylene) foam, including antibacterial enhancement series, popular series and special series. Other products are EPE, EVA and other foam plastics. It is the only listed company engaged in the production of IXPE that has passed Intertek's formaldehyde, VOC and other hazardous substance inspections, one of the largest consumer product testing, inspection and certification companies in the world, and is also the first to develop and produce IXPE baby activity protection pads s company.
More than 99% of the company's IXPE products are used in the field of PVC plastic flooring in home building decoration in a green and healthy life. The company's products enter the supply system of the world's top 500 companies HomeDepot through downstream customers. The company's production capacity in 2019 is 74.14 million square meters per year, and its production capacity is in a leading position in the industry.
IXPE foam is not only non-toxic and environmentally friendly, but also has the characteristics of sound insulation, noise reduction, wear resistance, corrosion resistance, flame retardant heat insulation, waterproof, shock absorption, and sealing. Compared with several other foams, IXPE has certain advantages in comprehensive performance, and it is a new generation of high-performance foams that can replace traditional foams in many fields. The downstream market of IXPE is mainly in the fields of PVC flooring, car interiors, baby activity protection pads, electronics and medicine.
The company has many research projects, aiming at baby products, sporting goods, medical and health and other fields, and continuously expanding the market application of IXPE in the field of green and healthy life. The company now has 83 patented technologies (including 2 overseas patents and 32 invention patents), which ranks among the top in the industry. In the field of home building decoration, the company’s direct customers include Taizhou Huali, E-China Resources, Aili Home Furnishing, Kendia and other large Chinese PVC plastic floor manufacturers, entering the supply chain of HomeDepot, a Fortune 500 company; and entering the Volvo supply chain in the automotive interior field System; the field of crawling mats will be supplied to KUB.
The company has raised 612 million yuan to build a new IXPE expansion project with an annual output of 100 million square meters and an IXPE automation technology transformation project with an annual output of 16 million square meters. It is expected to be put into operation in the next two years. At the same time, the company increased capital to its Vietnamese subsidiary, expanded Vietnam's production capacity, and opened up overseas markets. It is expected that the company will reach a total production capacity of 280-320 million square meters in 2024.