# China Saite signs EPC framework agreement for Suneng New Materials production base

China Saite's subsidiary Jiangsu Saite Steel Structure signed an EPC framework agreement with Jiangsu Suneng New Materials Technology for a high-performance composite material production base in Dantu New Town, Zhenjiang, Jiangsu. The base has a design capacity of 150,000 tonnes per year and a total contract value exceeding RMB 100 million.

- Type: Contract
- Announced: 2018-03-14
- Where: Dantu New Town, Zhenjiang, Jiangsu, China
- Value: $15.8M (100.0M CNY)
- Status: announced
- Capacity: 150,000 tonnes per year
- Products: high-performance composite materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [China Saite](https://endata.com/companies/31535.md)
- [Jiangsu Suneng New Materials Technology](https://endata.com/companies/31536.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/121418.html), 2018-04-25: "生产基地将由苏能新材料分期落实施工，工程总承包项目合作框架协议项下的预计合约总金额将超过人民币1亿元。"

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