# Lily Group to build PEEK production plant in Hangzhou

Lily Group announced an investment of up to 0.1 billion yuan to build a 1,000-ton-per-year polyether ether ketone (PEEK) material project in Qiantang District, Hangzhou, with phased construction: first phase 200 t/y (12 months), second phase 800 t/y.

- Type: New facility
- Announced: 2026-01-30
- Where: Qiantang District, Hangzhou, China
- Value: $13.8M (100.0M CNY)
- Status: announced
- Capacity: 1,000 tons/year (PEEK)
- Products: polyether ether ketone (PEEK)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Lily Group](https://endata.com/companies/90079.md)

## Sources

- [cnchemshop.com](https://www.cnchemshop.com/newsdetail/7901.html), 2026-02-03: "Lily Group announced that it will invest no more than 0.1 billion yuan to build a project with an annual output of 1,000 tons of polyether ether ketone (PEEK) in Qiantang District of Hangzhou."

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