About_PRET Advanced Material

About PRET

PRET is one of the world’s leading providers of advanced materials and is one of the largest carpet recyclers in the world.
Everything that our company stands for can be summarize by four letters:

Polymer Research Exploration Technology

It represents our determination and tireless exploration in the field of material science.

Company Profile

Founded in 1993

With just a desk and a chair inside a tiny room of a large residential complex. Through grit, perseverance and a commitment to customer service, we have grown and now have a large headquarter in Qingpu, Shanghai, and plants in Shanghai, Jiaxing, Chongqing, and South Carolina.

PRET is committed to developing sustainable materials in hopes of aiding the worlds growing environmental problems.

PRET has been listed on the Shenzhen stock exchange since 2009 and now has 1,500 employees worldwide helping to support a total annual production capacity of 1.1 billion lbs.

Our History

30 years
We witnessed the development of automotive related materials in China, and have become a leading advanced material company.

1993

PRET Research Institute, the predecessor of the company, was established.

2003

Qingpu headquarter was constructed.

2009

Listed on Shenzhen Stock Exchange

2012

Jinshan liquid crystal polymer (LCP) polymerization plant was constructed.

Jiaxing Compounding plant (phase 1) was constructed.

2014

Chongqing compounding plant was constructed.

2015

Acquired Wellman Advanced Materials in the U.S.

2017

PRET Europe GmbH was established.

2018

Jiaxing Compounding plant (phase 2) was constructed.

2020

Set up PRET Guangdong JV

Established total value chain of LCP material.

Acquired Zhenxing Chemicals

Began in the fine chemicals industry

2021

Introduced Huaventures as strategic partner and shareholder.

Became a member of China Carbon Neutrality Action Association (CCNAA)

2022

Acquired HIGHSTAR Group to realize the transition to new materials and new energy