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Since Ascend announced its first asset acquisition in China in June 2020, and completed the integration and production within a few months, the Suzhou production base has been officially launched, and has completed a series of software and hardware upgrades and capacity enhancements.
Will continue to invest resources to increase production capacity to meet customer needs
.
Ascend's Suzhou production base can produce a full range of Vydyne® and Starflam® modified polyamide engineering plastics, with an annual production capacity increase of 12,000 tons
.
In the face of shortage of glass fiber raw materials and extremely unstable ocean logistics in North America and Europe, Ascend will, according to customer needs, adhere to the global unified product quality standards, transfer more products, and improve localized production and technical capabilities
.
It is believed that the new production capacity will effectively enhance the ability and speed of supplying Asian customers
.
In the future, Ascend will continue to implement long-term investment plans in Asia, especially China
.
At the same time, Ascend is accelerating the construction of the Asia Pacific Innovation Center (AAIC) at the Suzhou base, developing a wider range of high-performance materials, and working more closely with customers to meet the growing needs of the Asian market, especially China
.
