# Libert wins $91M contract to build optical materials plant for TopOlefin

Jiangsu Libert secured a CNY650 million ($91 million) contract from TopOlefin Technology to construct a high-end optical materials factory in China. The plant will produce 7,000 tons of SOOCs and 41,000 tons of other optical resins annually.

- Type: Contract
- Announced: 2024-01-16
- Where: China
- Value: $91.0M (650.0M CNY)
- Status: announced
- Capacity: 7,000 tons of SOOCs and 41,000 tons of other optical resins per year
- Products: SOOCs (cyclic olefin copolymer), optical resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Jiangsu Libert](https://endata.com/companies/67554.md)
- [TopOlefin Technology](https://endata.com/companies/75018.md) (customer)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinas-libert-gains-on-bagging-usd91-million-contract-to-build-optical-materials-plant), 2024-01-16: "Libert will provide TopOlefin with a range of services from the modular design of the plant to equipment procurement, assembly, commissioning and staff training."

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