Jiangsu Suqian Xiangyang Economic Development Zone recently held a signing ceremony with Suzhou Xinchen Chemical Fiber Co., Ltd. and Shengou Group (China) Co., Ltd. to attract 2 billion yuan to build 3 new materials including nickel-iron, safety protection materials, and flame-retardant composite materials. project.
According to the agreement, Suzhou Xinchen Chemical Fiber Co., Ltd. will invest in Jiangsu Xinchen New Material Co., Ltd. and Jiangsu Xinchen Special Fiber Co., Ltd. in Siyang County. Among them, Jiangsu Xinchen New Material Co., Ltd. has a total investment of 700 million yuan. After the project is completed, it can produce 200,000 tons of ferronickel annually; Jiangsu Xinchen Special Fiber Co., Ltd. plans to invest a total of 450 million yuan.
Shengou Group (China) Co., Ltd. invested in Shengyang County to establish Shengou Security Material Co., Ltd. The total investment of the project is 850 million yuan. After completion, it will produce 10,000 tons of flame retardant composite materials.
According to the agreement, Suzhou Xinchen Chemical Fiber Co., Ltd. will invest in Jiangsu Xinchen New Material Co., Ltd. and Jiangsu Xinchen Special Fiber Co., Ltd. in Siyang County. Among them, Jiangsu Xinchen New Material Co., Ltd. has a total investment of 700 million yuan. After the project is completed, it can produce 200,000 tons of ferronickel annually; Jiangsu Xinchen Special Fiber Co., Ltd. plans to invest a total of 450 million yuan.
Shengou Group (China) Co., Ltd. invested in Shengyang County to establish Shengou Security Material Co., Ltd. The total investment of the project is 850 million yuan. After completion, it will produce 10,000 tons of flame retardant composite materials.
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