# Guoen subsidiary to invest 960M yuan in PEEK materials project

Zhejiang Guoen Chemical, a wholly owned subsidiary of Guoen Co., plans to invest 960 million yuan to build a 1,000-ton/year PEEK polymerization line, a styrene engineering material pilot platform, and 300,000-ton/year modified/composite material lines in Zhejiang.

- Type: Investment
- Announced: 2025-07-31
- Where: Zhejiang, China
- Value: $132.0M (960.0M CNY)
- Status: announced
- Capacity: 1,000 tons/year PEEK, 300,000 tons/year modified/composite materials
- Products: polyether ether ketone (PEEK), styrene engineering materials, modified and composite materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Guoen Co., Ltd.](https://endata.com/companies/60109.md)
- [Zhejiang Guoen Chemical](https://endata.com/companies/86360.md)

## Sources

- [news.qq.com](https://news.qq.com/rain/a/20250731A07A3F00), 2025-07-31: "国恩股份公告，全资子公司浙江国恩化学有限公司拟投资9.6亿元，建设浙江国恩化学有限公司1000吨/年新型聚醚醚酮、苯乙烯工程材料聚合中试平台及30万吨/年改性、复合材料项目。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.