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Tongkun Group plans to invest CNY 16 billion (USD 2.4 billion) to build new production facilities for purified terephthalic acid (TPA) and polyester in Rudong, Jiangsu Province. The first phase includes two TPA lines of 2.5 million t/y each, plus FDY and POY lines, with construction starting end of 2019 and completion end of 2022.
“The Chinese Tongkun Group plans to invest CNY16 billion (USD2.4 billion) in the construction of new production facilities for the production of purified terephthalic acid (TPA) and polyester in Rudong, Jiangsu Province.”polyestertime.com
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