# Sinoma Science & Technology to invest in wet-laid mat and water-based new material projects

Sinoma Science & Technology announced its subsidiary Taishan Fiberglass will invest 213 million yuan in a wet-laid mat line (212.5 million sqm/year) and 308 million yuan in a water-based new material line (22,500 tons/year) in Tai'an, Shandong.

- Type: Investment
- Announced: 2019-10-23
- Where: Tai'an, Shandong, China
- Value: $74.0M (521.0M CNY)
- Status: announced
- Capacity: 212.5 million sqm wet-laid mat per year; 22,500 tons water-based new material per year
- Products: wet-laid mat, water-based new material (sizing agent)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Sinoma Science & Technology Co., Ltd.](https://endata.com/companies/21457.md)
- [Taishan Fiberglass](https://endata.com/companies/42856.md) (partner)

## Sources

- [qgcomposites.com](https://www.qgcomposites.com/news/show.php?itemid=96), 2019-10-23: "上述项目符合行业及公司发展需求，能够有力推进技术进步，是公司玻璃纤维产业发展的迫切需要。"

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