# Grace Group invests 1.918 billion yuan in two projects in Gaoxian, Sichuan

Grace Group signed two projects in Gaoxian County, Yibin City, Sichuan: annual production of 100,000 tons of bio-based fiber non-woven composite new materials and 90,000 tons of biodegradable plastics, with total investment of 1.918 billion yuan.

- Type: Investment
- Announced: 2019-11-04
- Where: Gaoxian County, Yibin City, Sichuan, China
- Value: $273.0M (1.92B CNY)
- Status: announced
- Capacity: 100,000 tons/year bio-based fiber non-woven composite new materials; 90,000 tons/year biodegradable plastics
- Products: bio-based fiber non-woven composite new materials, biodegradable plastics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Grace](https://endata.com/companies/19447.md)

## Sources

- [china-dyestuff.com](https://www.china-dyestuff.com/news/grace-group-invests-two-projects-in-gaoxian-s-28769047.html), 2019-11-05: "The total investment of the two projects reached 1.918 billion yuan."

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