Basalt Science and Technology Industrial Park

Basalt Science and Technology Industrial Park (玄武岩科技产业园) is ideally located in the Shuicheng Economic Development Zone, near Yuezhao Airport, Liuliu Highway, Hangrui Highway and Anliu Intercity Fast Railway.

The industrial park has invested 6.83 billion yuan ($1.07 billion) in infrastructure construction, building 600,000 square meters worth of standard factories and 27 production lines. A basalt fiber production enterprise with an annual output of 30,000 tons has set up its headquarters in the park.

Shuicheng county in Liupanshui city is equipped with abundant human resources. It has introduced several vocational schools to the industrial park, making it much easier to train workers for local companies. The county also enjoys a western development policy and other real economy supporting policies.

Continuous basalt fiber is a new inorganic fiber material invented by scientists in the former Soviet Union during the 1970s. According to statistics, the annual worldwide output of continuous basalt fiber is less than 4,000 tons, falling short of market demand. China began researching the substance in the1990s and has made strong progress in recent years.

China currently has around 10 companies producing continuous basalt fiber, with minimal annul output, meaning the industry still has plenty of room to grow. Basalt Science and Technology Industrial Park will not only develop basalt fibers, but also related industries such as petroleum, chemicals, environmental protection, electronics, aerospace, defense engineering, construction engineering, transportation, automobile manufacturing, among others. To this end, the industrial park plans to bring in at least 20 downstream companies in the future.