# 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.

- Type: New facility
- Announced: 2026-06-23
- Where: Haining High-tech Zone, Zhejiang, China
- Value: $15.5M
- Jobs: 1,000
- Starts operating: 2028
- Status: announced
- Capacity: 6,000 tons of biodegradable fiber products annually
- Products: eco-friendly biodegradable fiber products, spunlace nonwoven cleaning products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [WIPEX New Materials Technology](https://endata.com/companies/92654.md)

## Sources

- [wipexchina.com](https://www.wipexchina.com/news/company-news/wipex-invests-15-5-million-in-green-biodegradable-fiber-plant-in-haining-hightech-zone.html), 2026-06-25: "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."

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