Levima Shinco plans to jointly build a 300,000-ton/year POE (polyolefin elastomer) project

On August 24, Levima Shinco announced that in order to further implement the company's innovation-driven development strategy, deepen the investment layout of the new energy materials industry, and strengthen the company's competitive advantages in the field of new energy materials, Levima New Materials Technology Co., Ltd. (hereinafter referred to as "Levima Shintech" or the "Company" for short) and Wison (China) Investment Co., Ltd. (hereinafter referred to as "Wison CIC") jointly invested in the establishment of a joint venture company, Levima Wison (Jiangsu) New Materials Co., Ltd. (hereinafter referred to as "" Joint venture company"), planning to build a 300,000-ton/year POE (polyolefin elastomer) project, of which the first phase is 100,000 tons/year and the second phase is 200,000 tons/year, producing POE photovoltaic film materials, toughening materials and other series High-end olefin material products.

The joint venture company Levima Wison (Jiangsu) New Materials Co., Ltd. was established on August 23, 2023; registered capital: 700 million yuan; Levima Shinco holds 65% of the shares, and Wison CIC holds 35% of the shares; Business scope: general items: production of chemical products (excluding licensed chemical products), sales of chemical products (excluding licensed chemical products).