On September 7, 2022, China's leading composite material manufacturer: ZJLY Composite Material Technology Corporation issued an announcement:
According to the company's strategic development plan, in order to vigorously develop LNG cryogenic thermal insulation composite products to expand the LNG cryogenic storage and transportation market and open up new growth space, the company plans to invest in the construction of the third phase of the project, that is, with an annual output of 66,000 cubic meters of LNG cryogenic thermal insulation composite materials Materials for construction projects.
The total planned investment of the project is 316 million yuan