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Jushi Chengdu to invest US$ 473 million in high-performance fiberglass manufacturing base
2018-05-21 13:47:44
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原文: Jushi announced that the group’s wholly-owned subsidiary Jushi Chengdu and Qingbaijiang district in the city of Chengdu City, Sichuan province, signed a "high-performance glass fiber advanced manufacturing base project cooperation agreement".

For a total investment of CNY 3 billion (US$ 473 million), the construction of the manufacturing base is scheduled to be completed by the end of 2020 with the completion of two fiberglass production lines. First, in 2019, Jushi Chengdu will complete the construction of the administrative office building and the living facilities as well as a production line with an annual capacity of 120,000 tons of glass fiber.

Once the first phase is over, the second part will be implemented immediately involving the construction of another production line with an annual production capacity of 130,000 tons of glass fiber. The glass fiber advanced manufacturing production base will ultimately have an annual production capacity of 250,000 tons of glass fiber.