# 鸿泰鼎新 to build $1.1B textile新材料 plant in Xiajin, Shandong

山东鸿泰鼎新材料科技有限公司 announced plans to invest 80 billion yuan in a textile新材料 industrialization project in Xiajin County, Shandong. The project will produce 400,000 tons of Lyocell fiber and 50,000 tons of nonwoven fabric annually, creating about 1,000 jobs.

- Type: New facility
- Announced: 2026-03-04
- Where: Xiajin County, Shandong, China
- Value: $1.10B (8.00B CNY)
- Jobs: 1,000
- Status: announced
- Capacity: 400,000 tons of Lyocell fiber and 50,000 tons of nonwoven fabric per year
- Products: Lyocell fiber, nonwoven fabric
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies


## Sources

- [ccf.com.cn](https://www.ccf.com.cn/newscenter/detail-340000-2026030400041.shtml), 2026-03-04: "此次布局的纺织新材料产业化项目，将以夏津县现代纺织产业园为载体，重点实施Lyocell功能性纤维、无纺布一体化科技产业化项目"

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