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Total investment of 14.7 billion! Projects such as Rongsheng Zhoushan’s 1.2 million-ton ABS plant have been signed!

2022-12-31View Original

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Recently, the 6th World Zhejiang Business Conference, hosted by the provincial Party committee and the provincial **, came to an end in Hangzhou. The conference held a signing ceremony for major projects initiated by Zhejiang entrepreneurs to advance the \"two pioneers\" initiative; a total of 24 projects were signed, covering areas such as infrastructure, livelihood projects, industrial development, and bank-enterprise cooperation. Among them, Zhoushan City saw 3 projects signed, with a total investment of 14.7 billion yuan. These include an ABS production project with a capacity of 1.2 million tons per year, a production line for raw materials used in new energy batteries with a capacity of 200,000 tons per year, and the Wanma Zhoushan Marine Equipment Manufacturing Park project. The investor for the 1.2 million tons per year ABS production project is Rongsheng New Materials (Zhoushan) Co., Ltd.; the investment is expected to amount to 10 billion yuan, and it belongs to the mid- to downstream petrochemical industry. The construction project for a production line for new energy battery cathode raw materials with an annual capacity of 200,000 tons requires an investment of 3.5 billion yuan; it represents a model of investment promotion that was finalized and implemented in Dinghai in a short period of time in recent years. The project investor is Shaanxi Jutai New Materials Technology Co., Ltd., a high-tech manufacturing enterprise engaged in the research, development, production, and sales of functional new materials.

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