Overview
Wankai New Materials Co., Ltd. is a leading Chinese producer of polyethylene terephthalate (PET) materials and bio-based polymers. Headquartered in Haining City, Jiaxing, Zhejiang Province, the company specializes in the R&D, production, and sales of high-quality polyester chips and materials for bottles, films, fibers, and photovoltaic applications. Wankai is expanding its portfolio into sustainable bioplastics through a strategic partnership with CARBIOS, combining Wankai’s manufacturing expertise with CARBIOS’s advanced enzyme-based biorecycling technology.
Key Products
- Bottle-grade PET resin
- Bio-based polyester resins
- Post-Consumer Recycled (PCR) PET
- High-performance polyester chips
- Specialized fibers for textiles
Strategic Initiatives
Wankai is actively developing sustainable alternatives and has entered into a joint venture with CARBIOS to commercialize advanced biorecycling solutions. This partnership leverages CARBIOS’s cutting-edge enzymatic biorecycling technology for PET and PLA with Wankai’s established production and distribution capabilities in Asia.
Notable Facts
- Listed on Shenzhen Stock Exchange (SZSE)
- One of China’s major polyester producers
- Focus on circular economy and sustainable materials
- Strategic partnership with European technology leaders
Primary Materials
PET, bio-based polyester resins, PCR-PET
Market Segments
packaging, films, fibers, photovoltaics
Last updated: January 02, 2026