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Tianjin Pret New Materials Co., Ltd., a subsidiary of Pret, is investing an additional ¥200 million to build 16 modified plastic production lines and 4 high-fill POE composite material lines at its Northern Smart Manufacturing Base in Tianjin Economic-Technological Development Area. The project is expected to be completed and operational in 2026, increasing modified plastic annual capacity by 25% to 150,000 tons and adding 30,000 tons of PCR plastic capacity.