Cashem Advanced Materials Hi-tech Co.,Ltd, which has 54,000,000RMB registered capital, was established in 2010, it becomes the first company to specialize in manufacturing PMI foam in China. Now Cashem has the ability to produce 3000 m3 PMI foam every year, the second phase of the project which can provide 5000 m3 capacity is under construction. Depending on the technology of Institude of chemistry, Chinese Academy of science(ICCAS), Cashem established a R&D team which contains more than 10 masters to focus on the industrialization and serialization study of PMI foam, already get the ability to produce PMI foam from preparation of the raw materials to products application. Company also carried on lots of governmental major project, such as “863” project,the ministry of science and technology innovation and entrepreneurship fund, Major science and technology projects of Zhejiang province (2013, 2017).