# Shandong Zhengkai New Materials builds multi-variety intelligent spinning plant

Shandong Zhengkai New Materials Co., Ltd. is building a multi-variety intelligent spinning plant in Zaozhuang, Shandong, China. The project has a total investment of CNY 750 million, with three phases: Phase 1 is in trial production, Phase 2 to start production in January 2020, and Phase 3 to be completed by August 2020.

- Type: Expansion
- Announced: 2019-12-20
- Where: Zaozhuang, Shandong, China
- Value: $107.0M (750.0M CNY)
- Starts operating: Aug 2020
- Status: under construction
- Capacity: 200,000 spindles of high-end new fiber blended yarn annually
- Products: high-end new fiber blended yarn
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Shandong Zhengkai New Materials](https://endata.com/companies/40960.md)

## Sources

- [zaozhuang.iqilu.com](https://zaozhuang.iqilu.com/zzyaowen/2019/1220/4401123.shtml), 2019-12-20: "正凯新型纤维特种纺纱智慧工厂项目由山东正凯新材料股份有限公司投资建设"

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