The development history of DXM Inc
2014: The company was established on July 25 in Zhaoqing City, Guangdong Province, with a registered capital of 20 million RMB.
2021: On July 19, the company announced a project to produce 200,000 cubic meters of amino resin foam annually. The project is located in the Hanhe (Gaoyao) Fine Chemical Base, Jinli Town, Gaoyao District, Zhaoqing City, Guangdong Province.
2023: The company planned to start trial production in December. The project has a total investment of 90 million RMB, covers an area of 20.24 mu (approximately 13,493 square meters), and has a total construction area of about 13,000 square meters.
2024: The company achieved full-scale production, with an expected export ratio of over 50%.
As a high-tech new materials enterprise serving the global market, it is the second company in the world (after Germany’s BASF) capable of large-scale industrial manufacturing of 200,000 cubic meters of melamine amino resin foam with zero formaldehyde emission annually.
