Yantai Unicorn New Materials Technology Co., Ltd.

Construction began on a 5.65 billion yuan ($80 million) plant for metal surface modification composite materials and high-performance coatings in Yantai, Shandong, China. The project is a joint venture between Yantai Jinqiao Group, Hong Kong Zhonggang Qiaotou Trading, and Yantai Unicorn New Materials Technology, with planned annual capacity of 50,000 tonnes and expected completion in January 2021.