# Ruiyide plans $140M expansion for resins and coatings in Ruichang

Ruiyide New Materials plans to invest CNY 1 billion (approx. USD 140 million) to build a new plant producing 30,000 tons/year of high-performance resin and 50,000 tons/year of high-performance coatings and adhesives in Ruichang, Jiangxi. The project will be built in three phases, with completion scheduled for April 2026.

- Type: Expansion
- Announced: 2023-05-01
- Where: Ruichang, Jiujiang, Jiangxi, China
- Value: $140.0M (1.00B CNY)
- Starts operating: Apr 2026
- Status: announced
- Capacity: 30,000 t/year resin, 50,000 t/year coatings and adhesives
- Products: high-performance resin, high-performance coatings, adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ruiyide New Materials](https://endata.com/companies/70034.md)

## Sources

- [sohu.com](https://www.sohu.com/a/671971501_425738), 2023-04-30: "瑞易德新材料股份有限公司计划总投资10亿元新建年产3万吨高性能树脂5万吨高性能涂料及胶粘剂项目"

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