Harrisburg, June 21, 2021 - according to local news from the Pennsylvania Department of economic development (DCED), cardinal system, Inc. announced that it would upgrade its existing plant facilities in Schuylkill county and York County, Pennsylvania, to expand business and capacity. Cardinal system is a family business in Pennsylvania. Its main businesses include material customization, steel wallboard manufacturing, thermoplastic molding and extruded plastic product manufacturing. The investment of about US $9 million for expansion will not only retain more than 300 existing jobs, but also create nearly 60 new full-time jobs.

Pennsylvania is the second largest natural gas producer in the United States. Its rich natural gas resources are creating opportunities for the development of the plastic industry in the state. Ethane and propane are two important raw materials for petrochemical industry. Compared with other production centers in the world (including the Gulf coast of the United States, Western and eastern Canada and the Middle East), their costs are highly competitive in Pennsylvania. The research forecast shows that the production of natural gas and liquid natural gas in Marcellus shale area and Utica shale area will continue to grow. By 2030, the production of natural gas in Pennsylvania will reach 40% of the total production of the United States. In early April this year, shell said that its large petrochemical complex with an investment of up to US $6 billion near Pittsburgh, Pennsylvania, is expected to be put into operation in 2022, creating nearly 600 jobs in the region. Pittsburgh is close to the major polyethylene consumer market in North America, and more than 70% of North American polyethylene customers are located within a 700 mile radius of Pittsburgh, Pennsylvania, which is also one of the strategic factors contributing to shell's investment and construction of large petrochemical plants near Pittsburgh. As early as 2014, Shenhua Group (now merged with China Guodian group to form the National Energy Investment Group) cooperated with American Energy Corporation (ECA) and invested US $90 million to carry out shale gas exploration project in Greene County, Pennsylvania. Pennsylvania is also an ideal place to create new materials. Among the six plastic engineering technology majors recognized by the engineering technology certification board (ABET) in the United States, two are in Pennsylvania -- yibiland College of Pennsylvania State University and Pennsylvania Institute of technology. Abundant natural gas resources, professional talent reserves, authoritative plastic engineering plans, and the geographical location close to major consumer markets in North America are all providing unlimited business opportunities for the development of the plastic industry in Pennsylvania. In addition, relying on a mature and efficient manufacturing ecosystem, Pennsylvania continues to attract plastic enterprises from all over the world. World renowned companies involved in the manufacture of plastic and rubber products, such as GPC Capital Corp II, Amcor PET packaging USA, pallam industries and millet Plastics Group, have occupied a place in the business community in Pennsylvania. At the same time, the plastic industry in Pennsylvania has also attracted plastic product manufacturers from China. Taizhou Fuling plastic is a leading manufacturer of disposable environmental friendly tableware in China. It is an international supplier to end customers such as McDonald's, KFC, Burger King, subway, Wendy and Wal Mart. Fuling plastic invested and built the company's first manufacturing plant in North America in Lehigh Valley, Pennsylvania in 2014, And successfully landed on NASDAQ in 2015.

In order to better assist overseas enterprises to settle in Pennsylvania, the state government has established special institutions and teams to provide investment related services for overseas investors. The Pennsylvania Department of economic development is committed to promoting the vigorous development of the state economy, encouraging the creation of new jobs and business opportunities, and realizing a stable and diversified local economy. The Pennsylvania economic development department provides enterprises with an introduction to the state investment environment in China, looks for matching projects and preliminary site selection suggestions, and helps enterprises invest and grow in Pennsylvania through the use of grants, tax credits and other forms of financial assistance, so as to jointly "enjoy the future and enjoy life"!