# Nilit and Shenma to build nylon yarn plant in Pingdingshan, China

Nilit Group will invest tens of millions of dollars in a joint venture with Shenma Group to build a new nylon yarn production facility in Pingdingshan, Henan Province, China. The plant will produce textiles for the automotive industry with a capacity of 20,000 tons.

- Type: New facility
- Announced: 2024-04-21
- Where: Pingdingshan, Henan Province, China
- Status: announced
- Capacity: 20,000 tons per year
- Products: nylon yarn, textiles for automotive industry
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nilit](https://endata.com/companies/21816.md)
- [Shenma Co., Ltd.](https://endata.com/companies/63617.md) (partner)

## Sources

- [ynetnews.com](https://www.ynetnews.com/business/article/hy113ljmbc), 2024-04-21: "The Nilit Group...will invest tens of millions of dollars in establishing a new nylon yarn facility in China in partnership with the Chinese Shenma Group."

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