# Keyuan Holdings to build CNY 6B ABS新材料 plant in Shengzhou, Zhejiang

Keyuan Holdings signed an agreement to invest CNY 6 billion in a 1.1 million-ton-per-year ABS new materials project in Shengzhou, Zhejiang, to be built in two phases over five years.

- Type: New facility
- Announced: 2020-11-29
- Where: Shengzhou, Zhejiang, China
- Value: $910.0M (6.00B CNY)
- Status: announced
- Capacity: 1.1 million tons per year
- Products: ABS resin, high-transparency ABS
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Keyuan Holdings](https://endata.com/companies/51526.md)

## Sources

- [chemall.com.cn](https://www.chemall.com.cn/news/show-47102.html), 2020-11-30: "11月29日，科元控股年产110万吨ABS新材料项目签约落户嵊州。"
- [jecibiochem.com](https://www.jecibiochem.com/news/1-1-million-tons-keyuan-will-build-a-new-abs-40877440.html), 2020-12-17: "This project will rely on Keyuan Holding Group's own technological advantages, firmly grasp the major opportunities in the upgrading of the new consumer market."

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