Texxon Holding Limited (Shanghai, China; ir.npt-cn.com), a leading provider of supply chain management services in the plastics and chemical industries in East China, today announced that its Henan polystyrene production facility officially commenced operations in June 2026, marking the completion of the facility’s construction and commissioning process and a significant milestone in the Company’s strategic expansion into manufacturing.
The commencement of operations represents an important step in Texxon’s long-term development strategy. Since the launch of the project, the Company has carried out facility construction, equipment installation, system commissioning, personnel training and operational readiness preparations in accordance with applicable safety, environmental and industry standards. Prior to commencing operations, the facility successfully completed the required inspections and acceptance procedures relating to fire protection, environmental compliance, workplace safety and other regulatory requirements.
Located in Taiqian County, Puyang City, Henan Province, at the intersection of Henan, Shandong and Hebei provinces, the facility benefits from a strategic location within one of China’s major manufacturing and logistics corridors.
According to an independent industry report published by SCI99, a leading commodity market intelligence provider in China, the Henan facility is strategically positioned to serve key downstream manufacturing regions across Central and Northern China. The report highlighted that the facility lies within a 500-km radius of China’s major home appliance manufacturing hubs, including producers of refrigerators, washing machines, and air conditioners, and benefits from well-developed transportation links to major ports and railway networks. This strategic location is expected to enable efficient access to key customer clusters and logistics infrastructure, enhancing supply chain efficiency and responsiveness to market demand.
The Henan facility has an annual production capacity for polystyrene of up to 600,000 tons and has been designed to support the production of a variety of general-purpose polystyrene (“GPPS”) and high-impact polystyrene (“HIPS”) products. These materials serve a wide variety of end-use applications, ranging from high-speed injection molding for consumer products and toys to more demanding applications such as air-conditioner housings, refrigerator liners, and other durable appliance components.
Mr. Hui Xu, Chief Executive Officer and Chairman of the Company, commented: “The commencement of operations at our Henan production facility marks a major milestone in the Company’s development and reflects years of planning, construction and operational preparation. We are pleased to see the facility successfully enter the production stage and begin contributing to our long-term strategic objectives.
“It not only expands our manufacturing capabilities but also strengthens our ability to serve customers through newly established production capabilities, enhanced supply chain responsiveness and broader regional market coverage. We believe its strategic location, which provides convenient access to key markets in Henan, Shandong and Hebei provinces and supports more efficient logistics and delivery, positions us well to capture opportunities in China’s growing plastics and consumer manufacturing sectors.
“This milestone achievement also represents an important step in our transition from a primarily trading-focused business to a more integrated manufacturing and supply chain services platform, driving margin expansion and delivering long-term value to our shareholders.”
Texxon Holding Limited is a leading provider of supply chain management services in the plastics and chemical industries in East China.