Rongsheng Holding Group starts construction of $10.6B Jintang New Materials project

Rongsheng Holding Group started construction of the Jintang New Materials project in Zhoushan, Zhejiang, China, on November 30, 2023. The total investment is 76 billion yuan ($10.6 billion), with the first batch of 10 main units expected to be completed by end of 2024 and operations in June 2025.

“After the project reaches full production, the annual output value is expected to reach 91.7 billion yuan.”echemi.com

• 2 sources
• echemi.comConstruction of Jintang New Materials Project with a Total Investment of 76 Billion Yuan Started | ECHEMIDec 5, 2023
• chemorbis.comChina’s Rongsheng to construct a new petchem complex in Zhoushan | ChemOrbisChemOrbis Editorial TeamJan 3, 2024

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