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Lianhe New Material (Lianhong Xinke) and Huison (China) Investment (Huison Zhongtou) formed a joint venture, Lianhong Huison (Jiangsu) New Material, to build a 300,000-tonne-per-year POE (polyolefin elastomer) project in two phases (100,000 t/y then 200,000 t/y) for photovoltaic film and toughening materials. The JV has registered capital of CNY 700 million; Lianhong contributes CNY 455 million (65%) and Huison CNY 245 million (35%).
“合资公司规划建设30万吨/年POE项目,其中一期10万吨/年、二期20万吨/年,生产POE光伏胶膜料、增韧料等系列高端烯烃材料产品。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.