Huitian New Material plans to invest 60 million yuan to expand the production line of polyurethane rubber and photovoltaic sealant for lithium batteries
Huitian New Materials (300041.SZ) issued an announcement that in order to seize the opportunities of the new energy automobile industry and match the growing market demand, the company plans to invest about 39 million yuan in a new polyurethane automated production line with self-financing, and increase the production capacity of two-component polyurethane rubber for lithium batteries by about 10,000 tons / year.
In addition, as a leading enterprise of photovoltaic adhesives in China, in order to ensure future supply demand, further increase market share, and consolidate the dominant position in the industry, the company plans to invest about 21 million yuan in a new twin-screw automatic production line with self-financing to increase the production capacity of photovoltaic one-component silicone sealant by about 30,000 tons/year.
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