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KGE Chemical Group has signed an agreement with Laoling city government to build a new materials industrial park and coating sharing factory in Laoling, Shandong, with a total investment of about 1.16 billion yuan. The park will produce 20,000 tons of polyurea, 5,000 tons of thek, 30,000 tons of polyester resin and 10,000 tons of powder coatings annually.
“此次签约的山东金高丽新材料产业园及涂装共享工厂项目,总投资约11.6亿元。”kgechemical.com
Summarized from public sources; check the original articles before acting on it.