On September 7, Hengli Co., Ltd. (600346.SH) issued an announcement saying that Hengli Chemical Fiber, a subsidiary of the company, plans to implement an annual output of 200,000 tons of high-performance automotive industrial wire technology transformation project. Shengze Town, Jiangsu Province uses the original 200,000 tons of polyester chips per year as raw materials and production supporting facilities, public facilities, etc., and adds solid-phase tackifying and spinning equipment, and adapts the public works. The project After completion, it can produce 200,000 tons of high-performance automotive industrial yarn.
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