Xinxiang Chemical Fiber to build $36M bio-based fiber project in Dongying

Xinxiang Chemical Fiber (Xinxiang Bailu Investment Group) has signed an agreement for a 36 billion yuan ($36M) project in Dongying, Shandong, covering Juncao (a type of grass) cultivation and bio-based fiber production. The first phase includes a 5,000-ton Juncao fiber pilot line scheduled to start production in December 2024.

“新乡化纤于2021年全球首创用菌䓍浆粕生产粘胶长丝，此后加速推进从草到衣的产业化落地进程。”finance.sina.com.cn

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• finance.sina.com.cn连扳，新乡化纤落子东营总投资36亿，菌草产业化项目12月正式投产_新浪财经_新浪网界面AINov 20, 2024

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