# Baihong Industrial invests $222M in polyester filament yarn expansion

Baihong Industrial's board approved a $222 million investment by subsidiary Baihong Fujian to expand polyester filament yarn capacity by about 220,000 tonnes per year, with new facilities expected to start commercial production in December 2017.

- Type: Expansion
- Announced: 2017-04-13
- Where: Fujian, China
- Value: $222.0M
- Starts operating: Dec 2017
- Status: announced
- Capacity: 220,000 tonnes per year
- Products: polyester filament yarn
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Baihong Industrial Holdings](https://endata.com/companies/23583.md)
- [Baihong Fujian](https://endata.com/companies/23584.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/52389.html), 2017-04-13: "董事会已批准附属百宏福建就涤纶长丝扩展计划投资约2.22亿美元"

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