Mingzhu Plastic

Mingzhu Plastic announced plans to invest nearly CNY 3.4 billion (USD 497.4 million) to build a production base in the Zengcheng Economic and Technological Development Zone in Guangzhou, China. The facility will include eight wet-process lithium-ion battery separator lines and seven PE pipe lines, adding 2.4 billion square meters of separator capacity and 30,000 tons of PE pipe capacity annually.