# Cenway completes butyl rubber upgrade project in Panjin

Cenway completed a butyl rubber upgrade project at its facility in Panjin, Liaoning, China, and started production on 18 August 2020. The project involved an investment of EUR 43 million (350 million yuan) and is said to have reduced production costs by 40%.

- Type: Expansion
- Announced: 2020-08-31
- Where: Panjin, Liaoning, China
- Value: $51.0M (43.0M EUR)
- Starts operating: 18 Aug 2020
- Status: completed
- Products: butyl rubber, polymer grade isobutylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Cenway](https://endata.com/companies/49590.md)
- [Panjin Cenway New Materials](https://endata.com/companies/49591.md)

## Sources

- [european-rubber-journal.com](https://www.european-rubber-journal.com/article/2070146/china-s-cenway-upgrades-butyl-rubber-facility-in-panjin), 2020-08-31: "The project has €43 million (350 million yuan) investment and is said to have reduced production costs by 40%."

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