Business
Texxon Holding Limited Completes Key Safety and Regulatory Milestones for 600,000-Ton Polystyrene Project
SHANGHAI, China, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Texxon Holding Limited (Nasdaq: NPT) (the ...
About this update from Plaintree Systems Inc.
[{"type":"text","content":"Texxon Holding Limited Completes Key Safety and Regulatory Milestones for 600,000-Ton Polystyrene Project\nSHANGHAI, China, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Texxon Holding Limited (Nasdaq: NPT) (the “Company” or “Texxon”), a leading provider of supply chain management services in the plastics and chemical industries in East China, today announced the successful completion of key safety and regulatory milestones for its 600,000-ton annual capacity polystyrene (“PS”) manufacturing project (the “Henan Polystyrene Factory”). With these milestones achieved, the Henan Polystyrene Factory has now entered its final stage of operational readiness, and is expected to commence production in early 2026. Completion of Key Regulatory and Safety Procedures The Company has substantially completed a comprehensive, months-long pre-commissioning inspection and rectification process, commonly referred to in China’s plastics and chemical industries as the “Three Checks, Four Fixes” program. This process included a systematic review and remediation of design omissions, engineering quality issues, potential safety hazards, incomplete construction work, and operational risks. Each identified issue was addressed through clearly defined corrective measures, assigned responsibilities, implementation timelines, and verification procedures. This mandatory pre-commissioning program for large-scale chemical manufacturing projects serves as a comprehensive and detailed “health check” prior to trial runs, final user acceptance testing, and formal commissioning. It encompasses end-to-end verification of process design, equipment installation, safety systems, and construction quality to ensure full operational integrity. In addition, on December 10, 2025, Texxon successfully filed its Major Hazard Installation Safety Assessment Report with the relevant government authorities. The acceptance of this filing confirms that the Henan Polystyrene Factory has satisfied national safety regulatory requirements through comprehensive risk identification, assessment, and the implementation of corresponding control measures. In parallel with the completion of construction-related safety approvals, Henan Net Plastic Supply Chain Management Co., Ltd., a subsidiary of Texxon, has obtained...