# Aoshen Spandex signs contract for 220kt/year spandex fiber project in Lianyungang

Aoshen Spandex (via Duzhong Spandex) signed a contract on December 14, 2024, for a spandex fiber and new materials project in Lianyungang, China. The project, with a total investment of 7.5 billion yuan, will produce 220,000 tons/year of spandex and 2,000 tons/year of SPU new materials in three phases.

- Type: New facility
- Announced: 2024-12-14
- Where: Lianyun Economic Development Zone, Lianyungang, Jiangsu, China
- Value: $1.05B (7.50B CNY)
- Status: announced
- Capacity: 220,000 tons/year spandex fiber, 2,000 tons/year SPU new materials
- Products: bio-based spandex, post-consumer recycled spandex, differentiated functional spandex, SPU new materials
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Aoshen Spandex](https://endata.com/companies/82012.md)
- [Lianyungang Duzhong New Aoshen Spandex](https://endata.com/companies/82013.md) (partner)

## Sources

- [chinatexnet.com](https://www.chinatexnet.com/textile-news/2024-12-26/1012381.html), 2024-12-26: "The planned total investment of the project is 7.5 billion yuan."

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