On December 14, the signing ceremony of the "1+4" 10 billion industrial project in Lianyun District was held at the Administrative Center of Lianyun District, and two new material projects of the "Green and Low-Carbon High-end Materials Demonstration Park" of Lianyungang City Industrial Investment Group (hereinafter referred to as the Industrial Investment Group) were signed. City leader Lv Jie, leader Hua Hongming of Lianyun District, leaders of the Municipal Development and Reform Commission, Industry and Information Technology Bureau, Commerce Bureau and other units, Ding Rui, Chairman of the Industrial Investment Group, Zhang Liulin, General Manager of the Industrial Investment Group, etc., representatives of universities and enterprises such as Shandong University, Shandong Zhengu New Material Technology Co., Ltd.(hereinafter referred to as Shandong Zhengu), Lianyungang Duzhong New Aoshen Spandex Co., Ltd.(hereinafter referred to as Duzhong Spandex) attended the signing ceremony. The project is located in Lianyun Economic Development Zone, Lianyungang City, covering a total area of about 690 acres. It will be constructed in three phases with an annual output of 60,000 tons of bio-based spandex, an annual output of 60,000 tons of post-consumer recycled spandex, and an annual output of 100,000 tons of differentiated functional spandex, as well as SPU new material projects with an annual output of 2000 tons. The planned total investment of the project is 7.5 billion yuan. After all production is completed, it is expected to increase annual sales revenue of 8.7 billion yuan and profits and taxes of 1.2 billion yuan. Source: Internet
