China's US$150 million carbon fiber new material project successfully signed
On November 10, the Nanbao carbon fiber new material production project was successfully signed and officially settled in Huai'an District, Huai'an City, Jiangsu Province, China, with a project investment of US$150 million.
Nanpao New Materials (Huaian) Co., Ltd. is affiliated to Nanpao Resin Group. The company was established on February 21, 2020. It is the first Taiwan-funded enterprise to settle in the Huai'an-Kunming Taiwan-funded Cooperation Industrial Park. It was completed and put into production in the same year of its establishment.
Over the past few years, Nanpao Company has focused on the field of thermoplastic thermoset carbon fiber composites. Its products are widely used in electronics, automobiles and other fields. It can provide complete service solutions for R&D, design and production. Its products are exported to the United States, Germany, Japan, and many other countries.
On December 29, 2022, the signing ceremony for Nanpao High-tech Investment Co., Ltd. to invest in Changshu Yubo Polymer Materials Co., Ltd. was held. Through this investment, Nanpao Resin Group hopes to further strengthen the epoxy resin application segment to build its own carbon fiber composite material business.
You May Interested In
2026-08-19
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
SPC Plans to Invest 3.196 Billion Yuan to Expand Carbon Fiber Production Base
-
Toray Industries to Increase Production Capacity of Regular Tow Carbon Fiber Bundles to Meet Growing Demand for Pressure Vessels
-
Significant increase in domesticproduction, carbon fiber leader to accelerate the layout
-
Shanghai Petrochemical's Monthly Output of Carbon Fiber Products Exceeded 100 Tons for the First Time
-
Mitsubishi Chemical acquires European carbon fiber recycling company
-
2 British composite supply chain giants cooperate on color carbon fiber
-
Ten Ministries Jointly Issue Notice as Five Chemicals Are Officially Added to the Hazardous Chemicals Catalogue
-
Lubei Chemical Expects First-Quarter Net Profit to Rise 57.29% as Cost Control Delivers Clear Results
-
DIC Raises Epoxy Resin and Curing Agent Prices by Up to 280 Yen/kg
-
Eastern Shenghong Projects First-Half Profit of 5 Billion Yuan – A Collective Turnaround for the Four Major Private Refiners? Is the Chemical Sector Rebounding?
Recommend Reading
-
Tinci Materials Calls Off 2.65 Billion Yuan Project as Electrolyte Giant Shifts Strategy
-
Global Countries Impose Tariffs on Chinese Chemical Products
-
U.S.-Iran Détente Triggers Oil Price Plunge, Energy and Chemical Sectors Tumble
-
ATSP Composite Breakthrough Offers Aerospace Self-Healing and Shape Recovery Published in Top Journals
-
Adnoc L&S Surges 40 Percent in Revenue and Unveils $3 Billion Expansion Plan for 2029
-
MTBE Market Prices Decline
-
Supply and Demand Weigh on Costs, Toluene Market Declines in China
-
Formic Acid Upward Cycle Ends as Scheduled
-
Premium Global Chemical Sourcing Requests (16-18Apr, 2026)
-
Supply and Demand Game, Melamine Market in China Stabilizes and Observes