A wholly-owned subsidiary of SINOPEC Shanghai Petrochemical Company Limited originally, has been reformed into a comprehensive entity from 2005. It inherits the excellent management experience from SPC, and holds a technical group with good competitiveness. The Company mainly produces regenerated polyester chips, polyester twisted industrial yarn and cylindrical paper bobbin production. The Company possesses an environmental-friendly polyester recycle plant introduced from Austria, with a capacity of 3000 ton/a; polyester twisting industrial yarn plant introduced from Germany with a range of denier and twisted from 500D to 7000D, with a capacity of 1200 ton/a, and also possesses advanced production lines with a capacity of 10 million cylindrical paper bobbins per annum. The products of the Company have been widely applied in many domestic users such as SINOPEC Shanghai Petrochemical Co. Ltd., and those of some specs have already been exported to Europe. Now the company is dealing with trading for products manufactured by SINOPEC Shanghai Petrochemical Company Limited, such as: Polyester Antimony-Free Chip, Fire-Retardant high tenacity Polyester Industrial Yarn, Polyester Short Cut Technical Fiber, Carbon Fiber, etc.