# China Crystal New Material expands mica tape capacity with new plant

China Crystal New Material Holdings is relocating its mica tape production lines to a new factory, doubling capacity to 8,000 tons per year. The company is investing about CNY30 million (approx. KRW50 billion) in the move, with completion by end of July 2018.

- Type: Expansion
- Announced: 2018-06-08
- Where: China
- Value: $4.60M (30.0M CNY)
- Starts operating: Jul 2018
- Status: under construction
- Capacity: 8,000 tons per year
- Products: mica tape, mica powder, mica flakes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [China Crystal New Material Holdings](https://endata.com/companies/32459.md)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1630119), 2018-06-08: "합성운모 생산 전문 차이나크리스탈신소재홀딩스가 운모테이프 생산라인을 신공장으로 이전해 최대 생산 캐파(CAPA)를 연간 8000톤 규모까지 확대한다고 8일 밝혔다."

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