# Shenma to invest 173 million yuan in BOPA film project

Shenma Co. plans to increase capital by 173 million yuan in its wholly-owned subsidiary Henan Pingmei Shenma Nylon Materials (Suiping) for a 30,000-ton-per-year BOPA film project with a total investment of 578 million yuan.

- Type: Investment
- Announced: 2022-09-30
- Where: Suiping, Henan, China
- Value: $24.0M (173.0M CNY)
- Status: announced
- Capacity: 30,000 tons per year
- Products: BOPA film
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Shenma Co., Ltd.](https://endata.com/companies/63617.md)
- [Henan Pingmei Shenma Nylon Materials (Suiping)](https://endata.com/companies/65674.md)

## Sources

- [morpholine.org](https://www.morpholine.org/shenma-co-ltd-plans-to-increase-the-capital-of-173-million-yuan-for-the-bopa-film-project-with-an-annual-output-of-30000-tons/), 2022-09-30: "the company plans to increase the capital of henan pingmei shenma nylon materials (suiping) co., ltd. by 173 million yuan in cash."

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