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Qixiang Tengda announced a 1.35 billion yuan investment to expand its maleic anhydride plant from 200,000 tons/year to 400,000 tons/year. The project has an 18-month construction period and will be self-financed.
Qixiang Tengda signed a strategic cooperation framework agreement with Blue Sail Medical on November 30, 2020, to sell no less than 30,000 tons of carboxyl nitrile latex from December 1, 2020 to December 31, 2021.
Zibo Qixiang Tengda Chemical Co., Ltd. completed the first phase (100,000 tonnes/year) of its 200,000 tonnes/year nitrile latex project, with the line starting up successfully on November 17, 2020.
| Site | Largest | Latest |
|---|---|---|
| China | $208.0M | 2021-03-09 |
| Zibo, China | $103.0M | 2020-11-29 |