In 1989, Shengxiong Chemical Factory was founded in Taizhou.
In 1997, Zhejiang Sanmen Xieshi was founded in Taizhou.
In 2001, the Company moved the production base from Taizhou to the national level industrial park in Shaoxing, namely Hangzhou Bay Shangyu Economic & Technological Development Area (HSEDA).
In 2011, renamed as Zhejiang New Material Co., Ltd. after finishing the share reform.
In 2022, sales revenue achieved 900 millions CNY.
Value addition by forward integration for various agrochemicals & industrial chemicals.
Major thrust in Value added agrochemicals in the international market particularly in Europe, USA , Canada and Latin America.
Continuous R & D to introduce latest new Agrochemicals projects.
Expand the Pharma Range of Products
Explore and add further Contract Manufacturing opportunities with MNC’s and Indian MNC’s.
Explore opportunities to acquire product portfolio in new markets.
Explore opportunities to backward integrate in some of the products with a view to Import Substitution.