On January 29, the high-performance silicone rubber and silicone fluid project by Inner Mongolia Xingfa Technology Co., Ltd. was approved. The RMB 1.02 billion project is located at Wuda Industrial Park, Wuhai Economic Development Zone, Inner Mongolia Autonomous Region. This project uses mixed cyclosiloxane and hydrolysates in silicone monomer unit as raw materials for constructing the 160 kt/a gum device, 50 kt/a OH polymer device, 20 kt/a polydimethylsiloxane device and 20 kt/a vinyl silicone fluid device. The project is scheduled to be completed in June 2024.