# Shenghong starts construction of $3.1B chemical new materials project in Lianyungang

Shenghong Chemical New Materials project officially started construction in Lianyungang Xuwei New District on September 7, 2022. The total investment is about 216 billion yuan, planning to build 700,000 tonnes/year EVA and other facilities.

- Type: New facility
- Announced: 2022-09-07
- Where: Lianyungang Xuwei New District, Jiangsu, China
- Value: $31.0B (216.0B CNY)
- Status: under construction
- Capacity: 700,000 tonnes/year EVA
- Products: EVA (ethylene-vinyl acetate copolymer), PO/SM, polyols, high-end polyolefins, EnBA
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Shenghong Group](https://endata.com/companies/50578.md)

## Sources

- [js.people.com.cn](http://js.people.com.cn/n2/2022/0907/c360301-40115174.html), 2022-09-07: "盛虹化工新材料项目在连云港徐圩新区正式开工建设。"

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