China XD Plastics
Develops and manufactures modified plastics and polymer composite materials primarily for automotive applications, including specialty compounds for 3D printing materials.
- CEO / Founder
- Jie Han
- Team Size
- 501-1000
- Stage
- Public
- Total Funding
- $100.0M
- Latest Round
- IPO
- Key Investors
- Morgan Stanley Private Equity Asia
Technology & Products
Key Products
Modified PP; Modified ABS; Modified PA66; Modified PA6; Modified POM; Modified PPO; Plastic alloys; PPS; PI; PLA; PEEK; PE
Technological Advantage
Proprietary processes for producing fiber-reinforced PA6 dedicated 3D printing materials, with a planned 300,000-ton bio-based composite and additive manufacturing (3D printing materials) plant.
Differentiation
Value Proposition
Provides high-performance modified plastics (PP, ABS, PA66, PA6, POM, PPO, PPS, PI, PLA, PEEK, PE) that meet automotive industry standards, with a focus on lightweighting and cost reduction.
How They Differentiate
Focus on automotive-grade modified plastics with a strong domestic Chinese market presence and a growing portfolio of 3D printing materials.
Market & Competition
Target Customers
Automotive OEMs and parts manufacturers
Industry Verticals
Automotive; Electronics; Construction
Competitors
BASF SE; Covestro AG; Dow Inc.; DuPont
Growth & Milestones
Growth Metrics
Q2 2017 revenue rose 13.2% to $313.6 million; annual production capacity increased to 390,000 tons in 2012.
Major Milestones
Established 1985; IPO on NASDAQ (CXDC); Morgan Stanley Private Equity Asia invested $100 million in 2011; Planned 300,000-ton bio-based composite and 3D printing materials plant
Funding rounds
- Private Equity$100M2011-08-16Lead: Morgan Stanley Private Equity Asia · Source: Web