Tianjin PRET to Increase Investment in TEDA by RMB 200 Million

Recently, Tianjin PRET Advanced Materials Co., Ltd. successfully completed its filing for project initiation to expand the capacity for Phase I of the New Materials Northern Intelligent Manufacturing Base. Tianjin PRET plans to accelerate the construction of its existing production base while making an additional investment of RMB 200 million. The company intends to build 16 new modified plastic production lines and 4 new high-filling POE composite material production lines. The project is expected to be completed and become operational within 2026, further strengthening the regional new materials industry chain.

Established in TEDA in 2023, Tianjin PRET Advanced Materials Co., Ltd. serves as the first production base in Northern China for Shanghai PRET Composites Co., Ltd. As a leading enterprise in the new materials industry, Shanghai PRET's business segments cover three main areas: modified materials, ICT materials, and new energy. Its products are widely used in fields such as automotive parts, electronic communication, low-altitude flight, industrial robotics, home appliances, and energy storage batteries.