# Chongqing Wankai starts production at PET plant in Fuling

Chongqing Wankai New Materials Technology Co., Ltd. held a commissioning ceremony for the first phase of its 1.2 million tpa food-grade PET plant in Fuling, Chongqing. The total investment is CNY 3.6 billion, with phase one costing about CNY 2 billion. The project will create over 800 jobs.

- Type: New facility
- Announced: 2020-03-31
- Where: Fuling, Chongqing, China
- Value: $508.0M (3.60B CNY)
- Jobs: 800
- Starts operating: 31 Mar 2020
- Status: completed
- Capacity: 1.2 million tpa food-grade PET
- Products: food-grade PET chips
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Chongqing Wankai New Materials Technology](https://endata.com/companies/46223.md)
- [Zhejiang Wankai New Materials Co Ltd.](https://endata.com/companies/22316.md) (investor)

## Sources

- [jjxxw.cq.gov.cn](http://jjxxw.cq.gov.cn/zwxx_213/jxdt/202003/t20200331_6850151.html), 2020-03-31: "重庆万凯年产120万吨食品级PET高分子新材料一期项目投产"

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