# Nan Pao to build $50M carbon fiber plant in Huai’an, China

Nan Pao, a Taiwanese chemical materials supplier, signed an agreement to invest $50 million in a carbon fiber project at the Huai’an-Kunshan industrial zone in Huai’an, China. The new factory will produce carbon fiber materials.

- Type: New facility
- Announced: 2020-02-22
- Where: Huai’an, Jiangsu, China, China
- Value: $50.0M
- Status: announced
- Products: carbon fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Nan Pao](https://endata.com/companies/45437.md)

## Sources

- [english.jschina.com.cn](https://english.jschina.com.cn/23262/202002/t20200222_6524058.shtml), 2020-02-22: "Through video conference, Huai’an and Kunshan have signed an agreement with Nan Pao, a leading chemical materials supplier from Taiwan, for the company’s carbon fiber project involving an investment of $50 million."

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