Transfar Chemicals Group Co., Ltd. plans to build 680kt/a new silicone materials and high-end fine chemicals projects, according to the 2023 Major Projects Plan of Hangzhou to Implement Zhejiang Province's "One Thousand Trillion RMB Project" to Expand Effective Investment recently released. Transfar Chemicals will build a 26kt/a silicone functional finishing agent project, 336kt/a environment-friendly textile printing and dyeing auxiliary agent project, 100kt/a environment-friendly daily chemicals project, 100kt/a high-performance coating material project and 118kt/a chemical fiber oil agent project, with a total investment of RMB5.622 billion.