# Tongkun Group plans three new projects in Jiangsu and Zhejiang

Tongkun Group announced plans to build three new projects: a 16 billion yuan PTA, FDY and POY project in Rudong; a 300,000-ton green fiber project (Hengteng Phase 4); and a 500,000-ton intelligent super-simulation fiber project (Hengchao).

- Type: Expansion
- Announced: 2019-02-14
- Where: Rudong, Jiangsu; unspecified in Zhejiang, China
- Value: $2.38B (16.0B CNY)
- Status: announced
- Capacity: 2×2.5 million tons PTA, 900,000 tons FDY, 1.5 million tons POY; 300,000 tons green fiber; 500,000 tons intelligent fiber
- Products: PTA, polyester filament yarn, green fiber, super-simulation fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Tongkun Group](https://endata.com/companies/37348.md)

## Sources

- [polyestertime.com](https://www.polyestertime.com/polyester-daxie-aromatics-industry/), 2019-02-24: "Tongkun announced a number of announcements announced that it plans to build three new projects"

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