[Industry News]: Alangxinke invested 1.5 billion yuan in Changzhou, Jiangsu Province to build a new hydrogenated nitrile rubber factory
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March 4, 2024, 9:16 AM
Alangshinco, the world's leader in the field of high-performance elastomers, recently announced that it will invest in a new hydrogenated nitrile rubber factory in Changzhou, Jiangsu, China. It is reported that the plant plans to have a total investment of up to 210 million US dollars, equivalent to about 1.5 billion yuan, and is designed to have a huge production capacity of 5000 tons per year. According to the project plan, the first phase of the project is expected to be officially put into operation in the third quarter of 2025, when approximately 2500 tons of high-quality synthetic rubber will be stably supplied to the market to meet the growing demand outside China.