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ABOUT US

Quzhou Perfect Plastic Material Co., Ltd

Quzhou Perfect Plastic Material Company was established in 2010. It is a professional cast acrylic sheet factory. We also sell acrylic products.

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HIGH QUALITY

100% Virgin Raw Material. Company has strictly quality control system and professional test lab. Customers give high reputation to the quality of our goods.

HIGHLY COMPETITIVE PRICE

Good price to help our customer expand local market in their country and other countries. Competitive price.

MANUFACTURING

Advanced automatic machines, strictly process control system. We can manufacture all the Electrical terminals beyond your demand. Sourcing acrylic sheet factory.

100% SERVICE

Bulk and customized small packaging, FOB, CIF, DDU and DDP. Fast Response to customer. Effective OEM&ODM service. Good After-sales service.

Chinese Acrylic Respond Proactively to India's Anti-Dumping Duty: Navigating Challenges and Forging New Paths

As a vital part of China's acrylic industry, small and medium-sized enterprises (SMEs) have been facing unprecedented challenges since India imposed a five-year anti-dumping duty on Chinese acrylic solid surfaces on March 25, 2025. With most Chinese manufacturers subject to a duty of $180 per ton, the policy has significantly impacted the export-oriented acrylic industry and SMEs in particular. Faced with this situation, Qu Zhou SM company have taken active measures to cope with the pressure, exploring new development paths while adhering to international trade rules. According to the official announcement by India's Ministry of Finance, the anti-dumping duty targets acrylic solid surfaces originating from China, covering 7 HS codes including 39205111 and 39205119, involving mainstream products such as PMMA sheets, Staron solid surfaces. Only two Chinese enterprises have obtained zero-duty exemptions, while over 85% of Chinese acrylic exporters are affected by the $180 per ton duty. Data shows that China exported 123,000 tons of acrylic sheets to India in 2023, accounting for 62% of India's market share. The imposition of the anti-dumping duty has directly increased the export cost of Chinese acrylic products by 15%-20%, seriously eroding the profit space of SMEs which are already at a disadvantage in scale and capital. In the first three quarters of 2025, China's acrylic sheet exports to India dropped by nearly 60% compared with the same period last year, and some low-margin products have even withdrawn from the Indian market temporarily. The industry, which has long relied on cost advantage for export growth, is facing an urgent need for transformation. For SMEs, the impact is more prominent: on the one hand, their original price competitiveness has been greatly weakened, and a large number of pending orders have been suspended or cancelled; on the other hand, the pressure of capital turnover has increased sharply due to the rise in export costs and the delay in payment collection, making the production and operation of some SMEs face certain difficulties. In the face of the severe situation, SM Company have not passively waited, but have taken a series of targeted measures to break through the predicament, with remarkable results: Firstly, focusing on niche market development and deepening customer relationship management. For small enterprises with limited resources, we abandon the competition in the general acrylic sheet market and turn to develop niche segments such as customized acrylic craft products, small-batch special-purpose acrylic parts and acrylic decorative accessories that are less affected by anti-dumping duties. By virtue of flexible production advantages, we provide personalized customization services to meet the diverse needs of Indian customers. At the same time, we strengthen communication with old customers, actively introduce product upgrades and after-sales service guarantees, enhance customer stickiness, and maintain stable order sources. Secondly, optimizing product structure and shifting to high-value-added products. To get rid of the dependence on low-margin products, SM Company have increased investment in R&D, focusing on the research and development of high-end acrylic products such as pure acrylic sheets (excluded from the anti-dumping duty scope), medical-grade PMMA materials and environmentally friendly acrylic products. By improving product quality and technical content, they have enhanced product added value and market competitiveness, gradually moving from price competition to value competition. At the same time,we have actively developed domestic and other overseas markets, reducing their dependence on the Indian market and realizing the diversification of market layout. Thirdly, optimizing internal operations to reduce costs and improve efficiency. Faced with the pressure of rising export costs,we focus on internal management optimization to tap potential for cost reduction without relying on external resource sharing. We implement zero-based budgeting for all expenditures, re-evaluating the necessity of each expense to cut non-value-added costs such as idle inventory storage fees. At the same time, we strengthen accounts receivable management, classify customers by credit rating to set reasonable payment terms.In addition, we strictly control non-production expenses such as business trips and receptions, and optimize inventory management by clearing slow-moving products in a timely manner to reduce capital occupation. “The anti-dumping duty has brought short-term pressure, but it also provides an opportunity for the transformation and upgrading of Chinese acrylic SMEs”,a spokesperson for SM Company said"We will take this as a driving force to accelerate the improvement of our core competitiveness, adhere to compliant operation, and explore more stable and sustainable development paths in the global market." For more information about China's acrylic industry and SM Company's development strategies, please contact our.

2025-12-21

Acrylic Industry Shake-Up: Kuraray Exits China, Double Elephant Takes Over

Recently, a significant restructuring event has occurred in China's acrylic industry: On December 8, 2025, Kuraray Co., Ltd. announced the signing of an equity transfer agreement to sell 100% of the shares of its wholly-owned subsidiary, Kuraray Acrylic (Zhangjiagang) Co., Ltd., to Jiangsu Double Elephant Group Co., Ltd. This event marks a critical shift in the global MMA-PMMA industry structure, with far-reaching implications for China's acrylic sector and our company. We hereby issue this notice to clarify the potential impacts and outline our corresponding strategic measures. I. Impact on China's Acrylic Industry Accelerated Transfer of Global Industry Focus: Foreign capital's withdrawal from China's acrylic business (driven by factors such as sluggish demand for acrylic bathtubs amid real estate adjustments and declining profitability) further confirms that China is becoming the global core of the acrylic supply chain. Local leading enterprises are taking over to drive the industry's transformation from "scale expansion" to "structural upgrading" Strengthened Integration of Leading Enterprises: As China's largest MMA producer, Double Elephant Group will achieve vertical integration of the "PMMA raw material - PMMA resin - high-end sheet" industrial chain through this acquisition. It will inherit Kuraray's advanced casting technology and high-end brand resources, significantly enhancing the barriers to entry in the high-end market. Intensified Industry Shuffling: The mid-to-low-end market, which is already in oversupply, will face more severe price competition. Small and medium-sized enterprises (SMEs) without integrated capabilities or technological advantages will face greater pressure of capacity clearance, leading to increased industry concentration. II. Impact on Our Company Increased Market Competition Pressure: Double Elephant Group will achieve vertical integration of the "MMA raw material - PMMA resin - high-end sheet" industrial chain through this acquisition, reducing its production costs by 15%-20% compared to the industry average. As a company with independent acrylic sheet production capacity, we do not rely on external procurement of raw materials, which gives us a certain cost foundation. However, Double Elephant's significant cost advantage will intensify price competition in the mid-to-low-end market, and we may still face challenges in order competition, which may affect the stability of our profit space. Higher Technological and Compliance Thresholds: The upgrading of the high-end market will raise industry standards for light transmittance, weather resistance, and impact resistance. Meanwhile, the increasing requirements for environmental protection and digital transformation (e.g., VOCs treatment investments of 1.5-2 million yuan) will bring additional financial pressure. Potential Lightweight Collaboration Opportunities: The expansion of leading enterprises will generate demand for supporting services. As a small enterprise, we may explore targeted lightweight collaboration opportunities, such as undertaking small-batch customized processing of acrylic sheet accessories or providing supporting services for specific links, to secure stable small-volume orders and accumulate experience in standardized production. III. Our Strategic Measures To respond proactively to industry changes and maintain sustainable development, the company will implement the following key measures: Focus on Niche Segments for Differentiated Survival: Instead of spreading resources thin on a full range of products, we will focus on 1-2 low-investment, high-margin niche areas that big companies overlook. For example, customized acrylic crafts (like personalized gifts), small-batch pet acrylic accessories, or local advertising signage. Taking advantage of our small team's agility, we can quickly respond to personalized needs, build a "small but refined" product feature, and stay away from price wars with large enterprises. Explore Collaboration and Synergistic Development: We will actively communicate with leading enterprises such as Double Elephant Group to explore cooperation opportunities in auxiliary materials supply or OEM processing. Meanwhile, we will strengthen partnerships with local decoration companies, equipment manufacturers, and cross-border e-commerce platforms to expand stable sales channels. Focus on Quality Improvement and Flexible Compliance: We will prioritize optimizing existing production processes (such as improving sheet cutting precision and surface polishing techniques) to enhance product quality stability, which is crucial for retaining old customers and winning small-batch customized orders. For environmental compliance, we will adopt low-cost and practical solutions, such as using environmentally friendly auxiliary materials, optimizing workshop ventilation systems. We will also proactively understand local differentiated environmental management policies for small enterprises to avoid unnecessary compliance expenses. IV. Conclusion The acquisition of Kuraray's China acrylic business by Double Elephant Group is a landmark event in China's acrylic industry's transition to maturity. While it brings short-term challenges such as increased competition and cost pressure, it also creates long-term opportunities for industry upgrading and differentiated development. The company will adhere to the principles of "focus, flexibility, and collaboration" to proactively adapt to market changes, strengthen our core competitiveness, and achieve stable development amid industry shuffling. We will keep all stakeholders updated on subsequent industry dynamics and strategic adjustments in a timely manner.

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