# Taixin Material invests 2.65B yuan to expand aramid capacity

Taixin Material announced it will invest 2.65 billion yuan to expand aramid and spandex production capacity. The expansion includes meta-aramid and para-aramid fiber production lines.

- Type: Expansion
- Announced: 2019-04-21
- Where: China
- Value: $395.0M (2.65B CNY)
- Status: announced
- Products: meta-aramid, para-aramid, spandex
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Taixin Material](https://endata.com/companies/39011.md)

## Sources

- [echemi.com](https://www.echemi.com/cms/40093.html), 2019-04-25: "it announced that it would invest 2.65 billion yuan to expand aramid and spandex production capacity."

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