On March 29, Sinopec Ningbo New Materials Research Institute (phase I) project started construction in Zhenhai, Ningbo, marking the accelerated implementation of core engine which drives scientific & technological innovation achievements seamlessly transformed and industrially incubated from laboratory research & development to industrial production. Qiu Dongyao, Mayor of Ningbo, Yu Xizhi, Director & VP of Sinopec, and Mo Dingge, ZRCC CEO, attended the ceremony.