# Xinye Textile to invest 120 million yuan in nonwovens project

Xinye Textile's board approved an investment of 120 million yuan to build two high-grade spunbond-meltblown composite nonwovens production lines in its industrial cluster area. The project has a 6-month construction period and is expected to produce 25,000 tonnes annually.

- Type: Investment
- Announced: 2020-03-03
- Where: Xinye textile industrial cluster area, China
- Status: announced
- Capacity: 25,000 tonnes per year
- Products: high-grade spunbond-meltblown composite nonwovens
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Xinye Textile](https://endata.com/companies/45739.md)

## Sources

- [sjfzxm.com](https://sjfzxm.com/global/en/563912.html), 2020-03-05: "The project will invest 120 million yuan, including 20 million yuan of self raised funds and 100 million yuan of bank loans."

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