The added value of industrial enterprises above designated size in the Danzhou-Yangpu Economic Circle (DYEC) achieved a double-digit growth of 10.8% year-on-year in the first quarters of 2025, according to the latest figures from Danzhou City, a major industrial hub on Hainan Province's west coast.

The petrochemical new materials sector has been the core driver of industrial growth, with SINOPEC Hainan petrochemical Co., Ltd. leading the pack. The company's one-million-ton ethylene project has reached stable production, with rising output of key products including ethylene and paraxylene (PX). This has spurred coordinated development among upstream and downstream enterprises, which include Hainan Yisheng Petrochemicals Co., Ltd and Hainan Zhongyang New Materials Technology Co., Ltd.. The latter produces FFS heavy-duty films from petrochemical materials supplied by upstream enterprises. These FFS films can be supplied directly to companies like SINOPEC Hainan petrochemical Co., Ltd. for product packaging, further promoting the development of the new materials industry.

"So far this year, our FFS film sales have reached nearly 4,000 tons and are expected to hit 5,000 tons by year-end — sustaining the balance between output and market demand," said Wang Hao, Deputy General Manager of Hainan Zhongyang New Materials Technology Co., Ltd.

Several new projects have commenced operations, including the 100,000-ton-per-year POE new materials project and the 200,000-ton-per-year epoxy derivative green energy materials project, expanding the industrial chain into higher-value segments. Additionally, Danzhou's new energy industry has achieved breakthroughs across the entire industrial chain, attracting major enterprises such as China Dongfang Electric Group Co., Ltd. and Yuanjing Energy Co., Ltd., which together with other firms form a complete wind power equipment manufacturing cluster.

Since the start of 2025, Danzhou has signed on 102 industrial projects with total fixed-asset investment of about 38.3 billion yuan, providing strong momentum for sustained growth.