Recently, the ignition and commissioning ceremony for the 100,000-ton annual capacity synthetic mica project of Global New Material International Holdings was held in Tonglu, Zhejiang.
As a key project in the field of critical foundational new materials at the national level, the company’s synthetic mica project focuses on the R&D and industrialization of high-quality synthetic mica and its downstream products. With a total planned capacity of 100,000 tons, the project is set to become the world’s largest and most technologically advanced R&D and production base for synthetic mica once completed. After reaching full production, it is expected to generate an annual output value of RMB 4 billion.
According to public information, Global New Material International primarily engages in the production and sales of pearlescent pigments and mica-related functional materials. As early as 2019, it had become the largest pearlescent pigment manufacturer in China, and it was listed on the Hong Kong Stock Exchange on July 16, 2021. Its current product portfolio includes natural mica-based pearlescent pigments, synthetic mica-based pearlescent pigments, and cosmetic-grade pearlescent pigments.
Among them, cosmetic-grade pearlescent pigments cover products based on natural mica, synthetic mica, and silica substrates. Thanks to their rich colors, safety, non-toxicity, and high stability, they are widely used in lipsticks, eyeshadows, foundations, liquid eyeliners, eyebrow pencils, nail polish, and hair sprays.
The company noted that synthetic mica is a high value-added functional material widely applied in industrial coatings, plastics, cosmetics, and other sectors. Previously, the global high-end synthetic mica market relied heavily on imports. The launch of this project not only fills the gap in the regional high-end synthetic mica industry but also enables independent control over core raw materials.
“After the Tonglu project goes into operation, it will further create strong synergies with the Group’s global R&D and manufacturing network, continuously enhancing the influence of Chinese materials in the global high-end market,” said Su Ertian, Chairman of the Board and Chief Executive Officer of Global New Material International.
