# Amer International Group to build new material industrial park in Tai'an

Amer International Group will build a new material industrial park in Tai'an High-tech Zone, Shandong province. The first phase is already in production, and the second phase launching ceremony was held on April 18, 2021. The project has attracted an investment of 11 billion yuan ($1.69 billion) and is expected to create more than 4,000 jobs.

- Type: New facility
- Announced: 2021-04-18
- Where: Tai'an High-tech Zone, Tai'an, Shandong, China
- Value: $1.69B (11.0B CNY)
- Jobs: 4,000
- Starts operating: 18 Apr 2021
- Status: under construction
- Capacity: annual output value of more than 30 billion yuan
- Products: copper products, flat panel display materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Amer International Group](https://endata.com/companies/54742.md)

## Sources

- [govt.chinadaily.com.cn](https://govt.chinadaily.com.cn/s/202104/27/WS6087bf0a498e7a02c6f6b3ac/industrial-park-to-boost-new-material-sector-in-taian.html), 2021-04-27: "Amer will make great efforts to optimize copper resource allocation, strengthen the copper related industry, and build an industrial chain for flat panel display material to meet the market demands of the Bohai Economic Rim area."

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