# Chaoda New Materials plans CNY 222M air-film material plant

Chaoda New Materials announced a plan to invest about CNY 222 million in a project to produce 130 million square meters of air-film materials annually. The project will add 18.75 mu of land and 36,700 square meters of building area.

- Type: Investment
- Announced: 2024-05-31
- Where: China
- Value: $30.7M (222.0M CNY)
- Status: announced
- Capacity: 130 million square meters per year
- Products: air-film materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Chaoda New Materials](https://endata.com/companies/77758.md)

## Sources

- [nbd.com.cn](https://www.nbd.com.cn/articles/2024-05-31/3411962.html), 2024-05-31: "The company plans to invest in a project with an annual output of 130 million square meters of air-film materials."

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