on april 25th, huafon chemical announced that part of the construction of the 300,000-ton/year differentiated spandex expansion project of chongqing spandex construction, a subsidiary of the company, was completed , of which 100,000 tons/year has been put into trial operation recently.
it is understood that the 300,000 tons/year differentiated spandex project is expected to have a total investment of 4.36 billion yuan. it will be constructed in three phases and is expected to be completed in 72 months. each phase will build 50,000 tons/year, 150,000 tons/year and 100,000 tons/year differentiated spandex respectively.
huafon chemical was established in december 1999 and is a holding subsidiary of huafon group with a registered capital of over 4.6 billion yuan. focusing on the r&d, production and sales of spandex fiber, polyurethane stock solution and refined adipic acid, it is a leading enterprise in the global polyurethane product material industry. it has overseas subsidiaries such as south korea and turkey, and has two production bases in zhejiang and chongqing.
