Yulong Chemical New Material Corporation is located in Xikou Town, Fenghua City, Zhejiang Province, and it produces high-chlorinated polyalkene by clean process. It relies on China Science Institute Chemical Department, and uses advanced environmental protective water phase suspension method chloride process. It mainly produces the series of chlorinated polyalkene such as high-performance high-chlorinated polyethylene (HPE), high-chlorinated polyethylene (HCPE), chlorinated polypropylene (CPP), chlorinated EVA (CEVA), etc. The performance of HPE has reached the same level as foreign similar products and it can prepare heavy anti-corrosive coatings, marine coatings, container paint, fire proofing coatings, traffic coatings and tank anti-corrosive coatings. Water phase suspension chloride process uses water as medium and chlorides without toxic or harmful solvent like carbon tetrachloride, which will not destroy the ozonosphere and is an advocated process of Montreal International Pact. The corporation works hard to achieve the same quality as conventional solvent product while has a better performance-price ratio. The workers and salesmen introduced that their products sold quite well during the first three months in 2002, and the demand exceeded supply although the workers produced overtime.