# Pulit to invest CNY 400M in Tianjin modified plastics plant with 120,000 t/y capacity

Shanghai Pulit Composite Materials Co., Ltd. signed an investment cooperation agreement with Tianjin Economic-Technological Development Area to build a modified plastics manufacturing base with an annual capacity of at least 120,000 tons. Total investment is CNY 400 million. The announcement was made on 23 August 2023.

- Type: New facility
- Announced: 2023-08-23
- Where: Tianjin Economic-Technological Development Area, China
- Value: $55.0M (400.0M CNY)
- Status: announced
- Capacity: 120,000 tons per year
- Products: modified PP, modified ABS, modified PA, modified PC, plastic alloys
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Shanghai Pulit Composite Materials Co., Ltd.](https://endata.com/companies/72199.md)

## Sources

- [51dmapa.com](https://www.51dmapa.com/pulit-it-plans-to-invest-400-million-yuan-in-tianjin-to-build-a-modified-plastic-project-with-an-annual-production-capacity-of-120-000-tons/), 2023-08-23: "the company signed the 'New Material Northern Intelligent Manufacturing Base Project Investment Cooperation Agreement' with the Tianjin Economic and Technological Development Zone Management Committee."

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