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Ningbo Changhong Polymer Technology Co.
, Ltd.
("Changhong Hi-Tech") issued an announcement on the investment and construction of a 600,000-ton/year fully biodegradable thermoplastic industrial park PBAT/PBS/PBT flexible and flexible production project.
The first phase of investment is expected to be The total amount is 2.
5 billion yuan, and the first investment is 1 billion yuan
.
On October 29, the fully biodegradable new material industrial park project was located in Shengzhou City, Shaoxing City, Zhejiang Province.
The company signed the "Full Biodegradable New Material Industrial Park Project Investment Agreement" with the Shengzhou Municipal People's Government
.
On October 29, the fully biodegradable new material industrial park project was located in Shengzhou City, Shaoxing City, Zhejiang Province.
It is understood that the total investment of the 600,000-ton/year fully biodegradable thermoplastic industrial park PBAT/PBS/PBT flexible and flexible production project is about 5 billion yuan, and the planned land area is 213 mu.
According to the agreement, the Shengzhou Municipal People's Government will provide a land parcel in Chengbei Chemical Industry Park, Shengzhou Economic Development Zone, with a total area of about 213 mu.
In addition, about 3 mu of scientific research land in Xuanze block should be provided to Changhong Hi-Tech, and all the land should meet the basic conditions such as temporary water and electricity connection of the project infrastructure, construction road access, and project environmental assessment and verification
.
Changhong Hi-Tech said that the project complies with the industrial policy requirements of the national plan to reduce environmental pollution.