# Ruifeng Polymer to invest up to 230M yuan in second PBAT production line

Ruifeng Polymer (300243.SZ) announced plans to invest up to 230 million yuan to build a second phase 60,000-ton-per-year PBAT biodegradable polymer production line at its existing site. The project is expected to start construction in May 2021 and be completed by March 31, 2022.

- Type: Expansion
- Announced: 2021-02-02
- Where: China
- Value: $35.6M (230.0M CNY)
- Starts operating: 31 Mar 2022
- Status: announced
- Capacity: 60,000 tons per year PBAT, 6,600 tons per year THF
- Products: PBAT biodegradable polymer, tetrahydrofuran (THF)
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ruifeng Polymer](https://endata.com/companies/52966.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/405554.html), 2021-02-02: "瑞丰高材(300243.SZ)公告，公司拟投资不超过人民币2.3亿元建设二期年产6万吨PBAT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.