Longhua New Material plans $1.1 billion nylon 66 factory in Zibo, China

Shandong Longhua New Material plans to invest CNY 7.3 billion (USD 1.1 billion) to build a nylon 66 chip factory in Zibo, Shandong province, with an annual capacity of 1.08 million tons. Construction will be in three phases, with completion expected by June 2028.

“Longhua New Material said it plans to invest CNY7.3 billion (USD1.1 billion) to construct China’s biggest nylon 66 chip factory as the country faces a shortfall of the synthetic polymer used in engineering plastics and synthetic fibers.”yicaiglobal.com

• 1 source
• yicaiglobal.comLonghua New Material Gains on USD1.1 Billion Plan to Build China’s Biggest Nylon 66 FactoryTang ShihuaApr 20, 2022

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