# Guangyuan Group to expand nonwoven filler masterbatch lines

Guangyuan Group approved a CNY 200 million investment to expand its subsidiary Jiangxi Guangyuan New Materials' nonwoven filler masterbatch production lines, adding 20 lines and 12,000 sqm of factory space to reach 200,000 tonnes annual capacity.

- Type: Expansion
- Announced: 2021-03-16
- Where: China
- Value: $30.8M (200.0M CNY)
- Status: announced
- Capacity: 200,000 tonnes per year
- Products: nonwoven filler masterbatch
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Guangyuan Group](https://endata.com/companies/53845.md)
- [Jiangxi Guangyuan New Materials](https://endata.com/companies/53846.md)

## Sources

- [sdtaipeng.net](https://www.sdtaipeng.net/wap_news_detail_zh/id/9.html), 2021-03-16: "广源集团董事会通过一项投资案，公司将斥资2亿元扩建旗下江西广源新材料有限公司无纺布填充母粒生产线。"

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