# Qifeng New Material subsidiary to invest 150M yuan in nonwoven project

Zibo Oumu Specialty Paper Co., Ltd., a wholly owned subsidiary of Qifeng New Material, will invest 150 million yuan to build a 18,000-tonne-per-year nonwoven new material project in Zibo, China. The project includes production lines for plant fiber, synthetic fiber, and spunlace nonwoven, and is expected to be completed by May 2021.

- Type: Expansion
- Announced: 2020-07-01
- Where: Zibo, China
- Value: $21.2M (150.0M CNY)
- Starts operating: May 2021
- Status: announced
- Capacity: 18,000 tonnes per year
- Products: nonwoven materials, plant fiber nonwoven, synthetic fiber nonwoven, spunlace nonwoven
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Qifeng New Material](https://endata.com/companies/48303.md)
- [Zibo Oumu Specialty Paper Co., Ltd.](https://endata.com/companies/48304.md)

## Sources

- [zqrb.cn](http://www.zqrb.cn/gscy/gongsi/2020-07-02/A1593679000923.html), 2020-07-02: "项目计划从2020年7月开工建设，预计于2021年5月竣工。"

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