Rongrong New Materials to build $1.5B alumina fiber plant in Baise, China

Shanghai Rongrong New Materials Technology Co., Ltd signed an agreement with Baise city government to invest approximately 10.7 billion yuan (about $1.5 billion) to build an alumina fiber manufacturing base in Baise, Guangxi. The plant will have a total planned annual capacity of about 12,500 tons of alumina fiber products, making it the largest single factory of its kind in China.

“此项目共投资约107亿元，在百色建成约年产万吨的榕融新材料先进制造基地（广西百色）。”shobserver.cn

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