China has entered the localization of PI. Although it has grown to the world’s highest level of LCD production, it is still only a few percent in the OLED panel market. In the OLED field, the Chinese government continues to invest heavily in panel makers, mainly BOE, to help China become the best production base. However, the supply chain of parts and materials that are essential for producing OLED is very poor.
The Chinese government has invested in a PI plant to make flexible substrates, which is the first step in flexible OLED manufacturing.
3F New Material, located in Changshu, started a project capable of producing 1,100 tons of PI per year. The project involved construction of a three-story production plant on a site of 2408 square meters with a total investment of 216 million yuan. The total building area is 7224 square meters, and after completion of the factory, it will have the capacity to produce 1,000 tons of PI for the substrate and 100 tons of transparent PI for the cover window.