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Ningbo Kingfa New Materials started construction on a CNY 10.5 billion project in Ningbo, Zhejiang, to produce 1.2 million tons per year of polypropylene thermoplastic elastomer and modified new materials. Phase I (CNY 6 billion) includes 600,000 t/yr propane dehydrogenation and 800,000 t/yr polypropylene, to be completed by end of 2023. Phase II (CNY 4.5 billion) adds 600,000 t/yr propane dehydrogenation and 400,000 t/yr polypropylene, to be completed by end of 2026.
“3月3日,位于宁波北仑金发新材料产业园区的全省重大项目之一、宁波金发新材料有限公司总投资105亿元、年产120万吨聚丙烯热塑性弹性体及改性新材料一体化项目,举行了开工仪式。”polymer.cn
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