# Shandong Jufang New Materials plans 1 billion yuan aramid paper and fiber project

Shandong Jufang New Materials Co., Ltd. plans to invest 1 billion yuan to build a 5,000 tons/year high-performance aramid paper and supporting project in Boxing County, Shandong, China. The project will be built in two phases, with a total capacity of 5,000 tons/year of aramid products.

- Type: Investment
- Announced: 2019-04-19
- Where: Boxing County Chemical Industry Park, Binzhou City, Shandong Province, China
- Value: $148.0M (1.00B CNY)
- Status: announced
- Capacity: 5,000 tons/year (aramid paper and fiber combined)
- Products: high-performance aramid paper, aramid fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Shandong Jufang New Materials](https://endata.com/companies/38158.md)
- [Shandong Jingbo Holding Co., Ltd.](https://endata.com/companies/38841.md) (investor)

## Sources

- [en.jbjufang.cn](http://en.jbjufang.cn/news/21.html), 2019-04-19: "Shandong Jingbo Jufang New Materials Co., Ltd. plans to invest 1 billion yuan to build 5000 tons/year high-performance aramid paper and supporting projects in the reserved land of Shandong Jingbo Holding Co., Ltd."

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