# KeYuan Holding Group to build 1.1M ton ABS plant in Shengzhou

KeYuan Holding Group signed an agreement with Shengzhou People's government to build a new ABS material project with annual capacity of 1.1 million tons, with a total investment of 6 billion RMB. The project will be built in two phases over five years.

- Type: Expansion
- Announced: 2020-11-29
- Where: Shengzhou, Zhejiang, China
- Value: $900.0M (6.00B CNY)
- Starts operating: 2025
- Status: announced
- Capacity: 1,100,000 tons per year ABS
- Products: ABS resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

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

## Sources

- [chpolymer.com](https://www.chpolymer.com/news/keyuan-holding-group-produces-2-300-000-tons-a-40519483.html), 2020-12-08: "This project will lay a solid foundation for the group's position in the industry and its rapid development."

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