Yike Environmental Protection invests 382 million yuan to launch a project for 23,000 tons of biodegradable plastic packaging
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! Yike Environmental Protection invests 382 million yuan in a project to produce 23,000 tons of biodegradable plastic packaging; the project has been launched. 2025-07-22 On July 18, Shanghai Yike Environmental Protection Technology Co., Ltd. signed a land transfer contract with the Planning and Natural Resources Bureau of Jinshan District, Shanghai, and subsequently received the property rights certificate. This is the 12th project to be successfully completed since Jinshan District made the \"issue certificates upon land delivery\" service model standard practice, with ongoing benefits for businesses. Shanghai Yike Environmental Protection Technology Co., Ltd. is a professional enterprise that integrates R&D, design, production, and sales, specializing in the manufacture of food plastic packaging containers and other related products. The “Manufacturing Project for Green Packaging Products Made from 23,000 tons per year of Biodegradable and Recyclable Plastics” under consideration this time covers an area of approximately 53.81 mu, with a total investment of 382,822,700 yuan, of which 302,822,700 yuan is allocated to fixed asset investments. Upon reaching full production capacity, the project will generate an annual output value of 776.125 million yuan, with annual tax payments amounting to 44.6201 million yuan.
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