SHHF Microfiber to raise 1.38B yuan for nonwoven fabric project in Jiangsu

SHHF Microfiber Technology Group announced a non-public offering expected to raise over 1.38 billion yuan for the 'Jiangsu Superfiber Project' with an annual output of 50 million meters of non-woven fabrics for industrial use. After production, the company will have a total capacity of over 150 million meters per year of superfiber materials.

“The total amount of funds raised from SHHF microfiber's non-public offering is expected to exceed 1.38 billion yuan for 'Jiangsu Superfiber Project with an Annual Output of 50 Million Meters for Non-woven Fabrics for Industrial Use'.”haythink.com

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• haythink.comManufacturers Of Microfiber Substrates, Microfiber Synthetic Leather, And Microfiber Suede Expand Capacity For Nonwoven Microfiber Materials Hay:D01SHHF - Global Leading Information Platform For Advanced Materials And TechnologiesJan 15, 2024

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