Construction of Yangkou Port polyester project in full swing
Construction of a huge new polyester manufacturing hub, which will comprise several plants, is now in full swing in the Yangkou Port Economic Development Zone. [Photo/WeChat account: rudongfb]
More than 2,000 construction workers were recently to be seen swarming over Tongkun Group Co Ltd's rapidly emerging new polyester manufacturing hub – located in the Yangkou Port Economic Development Zone in Rudong county, which is administered by Nantong city in East China's Jiangsu province.
Construction is now in full swing and the facility – which comprises several manufacturing plants and support facilities – is expected to start production in the fourth quarter of the year, according to Tongkun Group vice-president Sheng Fuqiang.
The group has invested over 20 billion yuan ($3.09 billion) in the first phase of the project in the zone. The plants are expected to produce 5 million tons of PTA per annum and 2.4 million tons of functional fiber yearly after completion.
Sheng said that after the base starts operations, an entire industrial supply chain development pattern will be formed in Rudong county, from oil refining, to polyester chemical fiber to fabrics.
Headquartered in Tongxiang city, in East China's Zhejiang province, Chinese manufacturer Tongkun Group is the largest producer of polyester filament yarn in the world.