# Hanvo New Materials starts production at Phase II factory in Nantong, China

Hanvo New Materials began mass production at its Phase II factory in Rudong County, Nantong, China, with a total investment of 430 million yuan, producing polyethylene fibers and cut-resistant gloves.

- Type: Expansion
- Announced: 2023-03-31
- Where: Rudong County, Nantong, Jiangsu, China
- Value: $62.0M (430.0M CNY)
- Starts operating: Mar 2023
- Status: completed
- Capacity: 2,400 tons of high-strength high-modulus polyethylene fibers, 1,200 tons of core-spun yarns, 2,000 tons of coated yarns, 4 million dozen of high-performance cut-resistant knitted gloves per year
- Products: high-strength polyethylene fibers, core-spun yarns, coated yarns, cut-resistant knitted gloves
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Hanvo New Materials](https://endata.com/companies/69445.md)

## Sources

- [en.hanvomaterial.com](https://en.hanvomaterial.com/hanvo-new-materials-phase-ii-factory-started-production/), 2023-03-31: "The second phase of Hanvo New Materials Phase II Factory started production New Materials project started in February 2022."

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