WIPEX to build $15.5M biodegradable fiber plant in Haining, China

WIPEX New Materials Technology Co., Ltd. signed an agreement to build a new intelligent manufacturing base in Haining High-tech Zone, Zhejiang, China. The $15.5 million (RMB 110 million) facility will produce 6,000 tons of eco-friendly biodegradable fiber products annually, create nearly 1,000 jobs, and is scheduled to break ground in July 2026 and reach commercial production by 2028.

“The project, with a total investment of RMB 110 million (approximately USD 15.5 million), was officially announced during the 2026 Haining High-tech Zone Investment and Talent Attraction Signing Ceremony.”wipexchina.com

• 1 source
• wipexchina.comWIPEX Invests $15.5 Million in Green Biodegradable Fiber Plant in Haining High-tech Zone- Zhejiang Wipex New Material Technology Co.,LtdJun 25, 2026

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