# Jushi Chemical plans 40,000-ton modified plastics expansion with IPO proceeds

Guangdong Jushi Chemical Co., Ltd. submitted its IPO registration on the STAR Market, planning to raise 490 million yuan, with part of the proceeds used for a 40,000-ton per year modified plastics expansion project.

- Type: Expansion
- Announced: 2020-11-15
- Where: China
- Value: $74.0M (490.0M CNY)
- Status: announced
- Capacity: 40,000 tons per year
- Products: modified plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Guangdong Jushi Chemical](https://endata.com/companies/51216.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/362823.html), 2020-11-15: "募集资金用于年产40000吨改性塑料扩建项目"

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