Daqing cedar oil Chemical Co. Ltd. is a Xingda investment group (Wuxi) subsidiary company. Daqing High-tech Industrial Development Zone is located in the Grand Park, founded in May 2011, designed to produce 360 thousand tons of renewable polystyrene (EPS) resin, the total investment of 1 billion 600 million yuan. The first phase has an annual output of 160 thousand tons EPS, covering 70 thousand square meters and building area of 45 thousand square meters, laying the foundation in September 21, 2011, and successfully trial production in September 7, 2012.
Daqing Si Da and CNPC and other central enterprises have established a long-term strategic cooperative relationship, the use of its regional advantages of logistics supply of styrene, the use of advanced technology and equipment in the world to produce EPS, to serve the users of Northeast Asia.