# Yiyang Rubber & Plastics Machinery to build digital factory with Fraunhofer IPA

Yiyang Rubber & Plastics Machinery Group (YRPM) and Fraunhofer IPA started a strategic cooperation to build a digital manufacturing base for smart rubber & plastics machinery east of Yiyang, China. The project has a total investment of RMB 500 million (€62 million).

- Type: Investment
- Announced: 2017-08-15
- Where: east of Yiyang, China, China
- Value: $76.0M (500.0M CNY)
- Status: announced
- Products: smart rubber & plastics machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Yiyang Rubber & Plastics Machinery Group](https://endata.com/companies/16874.md)
- [Fraunhofer Institute for Manufacturing Engineering and Automation](https://endata.com/companies/17633.md) (partner)
- [ChemChina](https://endata.com/companies/17634.md) (partner)
- [Fraunhofer Institute for Industrial Automation](https://endata.com/companies/17810.md) (partner)
- [China National Chemical Equipment](https://endata.com/companies/17811.md) (partner)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2065634/china-s-yiyan-machinery-group-setting-up-digital-factory), 2017-09-14: "The facility is to be built east of Yiyang, and a total of RMB500 million (€62 million) has been earmarked for the project."
- [e.cria.org.cn](https://e.cria.org.cn/a/1778595791053545474), 2017-10-26: "With an investment of RMB 500 Million Yuan, the project is planned to be built in the east industrial park of Yiyang City, covering an area of 258 mu."

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