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On the evening of July 13, Nanjing Julong announced that the company intends to sign the "Project Investment Agreement" and "Supplementary Agreement" with the Management Committee of Lai'an Chahe Economic Development Zone, Anhui Province.
The new functional zone in the adjacent area will invest in the construction of a project with an annual output of 150,000 tons of modified engineering plastics, 20,000 tons of special engineering plastics and 30 tons of carbon fiber composite materials.
The total investment of the project is 600 million yuan, of which 500 million yuan is invested in fixed assets.
The cycle is 30 months
.
The planned land area of the project is about 166 mu, and production lines for modified engineering plastics, special engineering plastics and carbon fiber composite materials will be built, including new workshops and production equipment
.