# Zhongfu Shenying to build 30,000-ton carbon fiber plant in Lianyungang

Zhongfu Shenying Carbon Fiber Co., Ltd. plans to invest 5.962 billion yuan to build a 30,000-ton per year high-performance carbon fiber production facility in Lianyungang, Jiangsu Province, China. The company will establish a wholly-owned subsidiary for the project.

- Type: New facility
- Announced: 2023-01-03
- Where: Lianyungang, Jiangsu, China
- Value: $860.0M (5.96B CNY)
- Starts operating: Aug 2026
- Status: announced
- Capacity: 30,000 tons per year
- Products: high-performance carbon fiber
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Zhongfu Shenying Carbon Fiber](https://endata.com/companies/67639.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/856549.html), 2023-01-03: "中复神鹰(688295.SH)公告，公司拟设立全资子公司中复神鹰碳纤维连云有限公司建设年产3万吨高性能碳纤维建设项目，项目总投资59.62亿元。"
- [yicaiglobal.com](https://www.yicaiglobal.com/news/china-zhongfu-shenying-to-invest-usd866-million-to-hike-carbon-fiber-capacity), 2023-01-04: "Zhongfu Shenying Carbon Fiber intends to invest CNY6 billion (USD866 million) to raise its capacity to make high-performance carbon fibers."

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