Weifang Yaxing New Materials

Yaxing Chemical announced a 702 million yuan investment to build a 45,000-tonne-per-year high-end new materials project at its new site via subsidiary Weifang Yaxing New Materials. The project includes a 20,000-tonne VDC unit and a 25,000-tonne PVDC resin unit, with a two-year construction period.