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Jiangsu Hangnuo New Material Technology Co., Ltd. will build a biodegradable polyester rubber plant in Nantong, China, with a total investment of $140 million. The first phase, a 10,000-ton-per-year line, is to be completed by end of 2024.
“The project is jointly invested by Jiangsu Hanvo Safety Product Co., Ltd., Rudong Yineng Management Consulting Company, Shenzhen Lixin Low Carbon Technology Co., Beijing University of Chemical Technology, South China of University of Technology and Red Avenue New Materials Group Co., Ltd.”rubberworld.com
Summarized from public sources; check the original articles before acting on it.