Annual Production of 30,000 Tons of Modified Plastic Pellets Project Announcement

Mingguang Shifan Plastic Technology Co., Ltd. plans to construct a new production and processing project for plastic pellets, plastic bags, and plastic pipe fittings. The annual production will be 30,000 tons of plastic pellets, 2,000 tons of plastic bags, and 1,000 tons of plastic pipe fittings. The environmental impact assessment report for the first phase of the project has recently been made public.

According to the Color Masterbatch Industry Network, the project will be constructed in phases. Phase one will set up a double-screw granulation production line and procure equipment such as mixers, granulators, and pellet cutters. After the completion of phase one, the project will have an annual production capacity of 6,000 tons of modified plastic pellets.

The total investment of the project is 35 million RMB.