# Kingfa Technology subsidiary plans 100,000-ton modified resin expansion

Zhuhai Kingfa Biomaterials, a subsidiary of Kingfa Technology, announced a 52 million yuan investment to expand its modified resin capacity by 100,000 tons per year, including 70,000 tons of PBAT, 20,000 tons of PLA, and 10,000 tons of PBS.

- Type: Expansion
- Announced: 2024-07-15
- Where: Zhuhai, Guangdong, China
- Value: $7.20M (52.0M CNY)
- Status: announced
- Capacity: 100,000 tons per year
- Products: PBAT modified resin, PLA modified resin, PBS modified resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Kingfa Technology](https://endata.com/companies/78632.md)
- [Zhuhai Kingfa Biomaterials](https://endata.com/companies/78633.md)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/stock/relnews/cn/2024-07-16/doc-incehuef8374111.shtml), 2024-07-16: "该项目总投资5200万元，拟依托原有PLA车间，扩增新建PBAT改性树脂7万吨/年、PLA改性树脂2万吨/年、PBS改性树脂1万吨/年产能。"

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