Chengfa Hubei Co., Ltd. (hereinafter referred to as "Chengfa " ) was established in September 2023 with a registered capital of 260 million yuan. It is located in the Chemical Park of Jingzhou Development Zone, Hubei Province. It covers an area of approximately 250,000 square meters and employs more than 100. The core team members are all from the chemical industry and have outstanding technological innovation ability. 

Chengfa takes the concept of "achieving low carbon, developing recycling" and independently innovative PET depolymerization and recycling technology as the foundation of its innovation path. It adopts a unique chemical recycling process to depolymerize and purify waste PET into ethylene terephthalate.(BHET) monomer,which is a key step in the industrialization of chemical recycling of PET, and realizes the permanent recycling of PET in a sustainable way. 

Through continuous research and development, Chengfa has made breakthroughs in chemical recycling technology, overcoming the problems such as decolorization and removal of impurities.and is able to depolymerize all kinds of waste PET such as cloths, films and bottles to obtain r-BHET through deep purification at the molecular level. r-BHET can be re-polymerized into r-PET, r-PBT, etc, and its quality is equivalent to virgin grade.The original process has the advantages of wide source of raw materials, less reaction steps, deep purification, efficient recycling, and compatibility with downstream equipment. 

Chengfa is committed to developing a circular economy, achieving low-carbon industries, making low-carbon environmental protection industries truly of commercial value, creating new productivity, and creating a new track for PET chemical recycling.