# Huazheng New Materials to invest CNY 140M in Huazheng Energy for aluminum-plastic film expansion

Huazheng New Materials announced it will invest CNY 140 million to increase capital in its subsidiary Zhejiang Huazheng Energy Materials, primarily for a project to expand annual production capacity of aluminum-plastic film by 36 million square meters.

- Type: Investment
- Announced: 2021-05-27
- Where: China
- Value: $21.7M (140.0M CNY)
- Status: announced
- Capacity: 36 million square meters per year
- Products: aluminum-plastic film for lithium battery packaging
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Huazheng New Materials](https://endata.com/companies/55424.md)
- [Zhejiang Huazheng Energy Materials](https://endata.com/companies/55425.md) (partner)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/482855.html), 2021-05-27: "本次增资将有利于华正能源有效推进年产3600万平方米铝塑膜扩产项目"

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