# Yonghe subsidiary to invest $39M in fluoropolymer expansion in Shaowu

Yonghe Co., Ltd. announced that its wholly-owned subsidiary Shaowu Yonghe Jintang New Materials Co., Ltd. will invest 279 million yuan (approx. $39 million) to expand and upgrade fluoropolymer production at its existing site in Shaowu, Fujian, including new PFA and PPVE capacity and HFC-32 process modification. Construction period is about 26 months.

- Type: Expansion
- Announced: 2024-01-02
- Where: Shaowu, Fujian, China
- Value: $39.0M (279.0M CNY)
- Status: announced
- Capacity: 0.3 kt/year PFA, 0.05 kt/year PPVE, 4.4 kt/year HCFC-22
- Products: melt-processable polytetrafluoroethylene (PFA), perfluoropropyl vinyl ether (PPVE), difluoromethane (HFC-32), chlorodifluoromethane (HCFC-22)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Yonghe Co.](https://endata.com/companies/74742.md)
- [Shaowu Yonghe Jintang New Materials](https://endata.com/companies/74743.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1048756.html), 2024-01-02: "通过项目的实施搭建高端产品的供货能力，推动公司含氟高分子板块向高端化、专业化方向优化升级"

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