# Shanghai Rongrong breaks ground on $14.9B alumina fiber plant in Baise

Shanghai Rongrong New Materials Technology Co., Ltd. held a groundbreaking ceremony for an alumina continuous fiber products project in Baise, Guangxi. The total investment is about 10.7 billion yuan (approx. $1.49 billion), with planned annual capacity of 12,500 tons of alumina fiber products and 50,000 tons of polymer aluminum sol.

- Type: New facility
- Announced: 2024-03-19
- Where: Baise, Guangxi, China
- Value: $1.49B (10.7B CNY)
- Status: under construction
- Capacity: 12500 tons/year alumina fiber products, 50000 tons/year polymer aluminum sol
- Products: alumina continuous fiber products, polymer aluminum sol
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Shanghai Rongrong New Materials Technology](https://endata.com/companies/76299.md)

## Sources

- [hkcd.com.hk](http://www.hkcd.com.hk/content_p/2024-03/19/content_168262.html), 2024-03-19: "上海榕融百色市氧化鋁連續纖維製品項目奠基儀式在廣西百色市舉行。"

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