# Jiangsu Suyan Group builds 1 billion yuan special valve plant in Jiangsu

Jiangsu Suyan Valve Group is investing and building the Jiangsu Maike Special Valve Technology project with a planned total of 1 billion yuan, covering 50,000 square meters of plant space and capacity of 300,000 special valves a year; construction began in April 2022 and trial operation started in October 2022.

- Type: New facility
- Announced: 2022-10-28
- Where: Binhai, Jiangsu, China
- Value: $140.0M (1.00B CNY)
- Status: under construction
- Capacity: 300,000 special valves per year
- Products: ultra-low temperature LNG valves, high temperature corrosion-resistant valves, oil and petrochemical valves, nuclear power valves, offshore drilling valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Jiangsu Maike Special Valve Technology](https://endata.com/companies/9834.md)
- [Jiangsu Suyan Valve Group](https://endata.com/companies/9835.md) (investor)

## Sources

- [ru.suyangroup.com](http://ru.suyangroup.com/news/524.html), 2022-10-28: "Планируемый общий объем инвестиций в проект составляет 1 млрд юаней"

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