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Covation Biomaterials is making a 10 billion yuan multi-phase investment to build a Bio-PTMEG manufacturing facility in China. The facility will have a total planned capacity of 500,000 tons per year, targeting spandex, polyurethane, and performance material sectors.
| Site | Largest | Latest |
|---|---|---|
| China, China | $1.40B | 2025-09-24 |