# Blue Sail Medical invests RMB 3.387B in new nitrile glove production project

Blue Sail Medical announced a RMB 3.387 billion investment in a new project with annual capacity of 30 billion nitrile health protection gloves. The Zibo, Shandong portion has 10 billion units capacity, with the remainder outside Shandong or in Belt and Road countries.

- Type: Investment
- Announced: 2020-06-08
- Where: Zibo, Shandong, China
- Value: $478.0M (3.39B CNY)
- Starts operating: Q3 2020
- Status: announced
- Capacity: 30 billion pairs per year
- Products: nitrile gloves
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Blue Sail Medical](https://endata.com/companies/47769.md)

## Sources

- [vcbeathealth.com](https://www.vcbeathealth.com/article/44784), 2020-06-09: "Bluesail Medical announced that it plans to invest RMB 3.387 billion in a new project with an annual production capacity of 30 billion nitrile health protection gloves."

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