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Recently, Changhai shares announced that the company's wholly-owned subsidiary Changzhou Tianma Group Co., Ltd. intends to the original annual output of 25,000 tons of unsaturated polyester resin production line for technical transformation and expansion, the project can be completed to form an annual output of 100,000 tons of unsaturated polyester resin capacity.
, the total investment of the project is 150 million yuan, the construction cycle is 8 to 10 months.
Changhai said that after the completion of the technology reform and expansion project, it will be able to minimize pollutant emissions, improve resource utilization and meet the requirements of increasingly stringent environmental protection policies, which will help the company to transform the technical advantages of high-performance unsaturated polyester resins into product advantages, market advantages, improve product market competitiveness and expand market share
.