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Yunnan Meineng New Materials Co., Ltd., a subsidiary of Jingke Holdings Limited, signed a contract with the People's Government of Lufeng City for a 200,000 tons/year BDO plant and a 300,000 tons/year PBAT plant in Qinfeng Chemical Industrial Park. The total investment is approximately CNY 6 billion, with the first phase (100,000 tons/year BDO and 100,000 tons/year PBAT) costing about CNY 4.35 billion.
“On Ju 14, 2023, Yunan Meineng New Materials Co., Ltd., a subsidiary of Jingke Holdings Limited, officially signed a contract with the People's Government of Lufeng City for a 200,000 tons/year 1,4-Butanediol (BDO) plant and a 300,000 tons/year biodegradable plastic PBAT plant.”cnc.ccfgroup.com
Summarized from public sources; check the original articles before acting on it.