Hengshen New Materials announced that its wholly-owned subsidiary, Meda New Materials, plans to invest no more than 2.9 billion yuan to build a high-performance polyamide differentiated fiber intelligent manufacturing project in Xinhui District, Jiangmen city, Guangdong province. The project is expected to have an annual output of 0.08 million tons of differentiated nylon 6 filament and 0.02 million tons of differentiated nylon 66 filament, with trial production expected before 2027. The funds will come from the company's own or self-raised funds. The project aims to enhance the company's production technology and market competitiveness, in line with national industrial policies and has good market prospects.
恒申新材:拟投资不超过29亿元建设智能制造项目
Hengshen New Materials plans to invest no more than 2.9 billion yuan in building an intelligent manufacturing project.
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