# Jingaoli Group starts construction of $176M new materials park in Laoling, China

Jingaoli Group broke ground on a new materials industrial park in Laoling, Shandong, China, with a total investment of 1.16 billion yuan (approx. $176 million). The park will produce powder coatings, polyurea materials, and other products.

- Type: New facility
- Announced: 2020-10-20
- Where: Laoling, Shandong, China
- Value: $176.0M (1.16B CNY)
- Status: under construction
- Capacity: powder coatings 10000 t/year, polyurea materials 20000 t/year, etc.
- Products: powder coatings, polyurea materials, polyester resin, fluorocarbon coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Jingaoli Group](https://endata.com/companies/50747.md)

## Sources

- [kgechemical.com](https://www.kgechemical.com/news_detail.php?id=115), 2020-10-26: "金高丽新材料产业园占地约142亩，项目总投资约11.6亿元，新建各类生产设备可生产粉末涂料10000吨/年、聚脲材料 20000吨/年、赛克材料8000吨/年、聚酯树脂30000吨/年、氟碳涂料5000吨/年等涂料全产业链产品"

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