Wudi 43,000 Tons/Year Color Masterbatch Project Expansion

On August 6th, the Wudi Branch of Binzhou Ecological Environment Bureau announced the acceptance of the environmental impact assessment documents for a construction project. Wudi Ningyan Plastic Masterbatch Co., Ltd. plans to expand its color masterbatch project.

The total investment of the project is 35 million RMB. It is planned to expand the existing "10,000 tons/year masterbatch products project" and "15,000 tons/year masterbatch products expansion project" within the plant area, and construct a "43,000 tons/year masterbatch products project."

According to the Color Masterbatch Industry Network, the project will add 7 masterbatch production lines and 12 color masterbatch production lines. After the expansion, the masterbatch production capacity will reach 25,000 tons, and the color masterbatch production capacity will reach 18,000 tons.

The project has currently been completed with an annual production capacity of 23,000 tons of masterbatch products. The construction details are shown in the table below:

(Currently, the main part of the actual construction content is the main structure.)

Wudi Ningyan Plastic Masterbatch Co., Ltd. was established on November 30, 2012, with its registered address at No. 118, Chezhen First Road, Chewang Town, Wudi County, Binzhou City, Shandong Province. The registered capital is 40 million yuan.