# Tongkun Group plans $2.4B TPA and polyester complex in Rudong, China

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.

- Type: New facility
- Announced: 2019-05-15
- Where: Rudong, Jiangsu Province, China
- Value: $2.40B (16.0B CNY)
- Starts operating: 2022
- Status: announced
- Capacity: TPA: 2.5 million t/y per line (first phase), FDY: 300,000 t/y (first phase), POY: 900,000 t/y (first phase)
- Products: purified terephthalic acid (TPA), polyester yarn (FDY), polyester yarn (POY)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [polyestertime.com](https://www.polyestertime.com/tongkun-tpa-polyester-china/), 2019-05-15: "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."

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