September 04, 2024 – Jusailong Company recently announced that the second phase of its East China high-performance modified engineering plastics production base has officially commenced construction. This significant project marks the implementation of Jusailong’s first major investment initiative since its listing.
According to reports, the total investment in Jusailong’s East China production base reaches up to 1.008 billion yuan, covering an area of 109 acres. The overall construction is divided into two phases. The first phase has been successfully put into operation in May 2020 through product line reorganization and expansion, with a stable annual production capacity of 130,000 tons. It is worth mentioning that after the comprehensive completion of Jusailong’s Wuhu production base, its annual production capacity is expected to form a new material industry giant with an annual output value exceeding 2 billion yuan.
In terms of production base layout, Jusailong is committed to building a comprehensive and efficient production network. The Southwest production base, located in Yubei, Chongqing, plans to build new production workshops, integrated office buildings, research and development centers, and other supporting facilities. It will also introduce cutting-edge production and research equipment to improve the production efficiency and quality stability of modified plastic products. The East China production base, which has recently started construction in Wuhu, Anhui, will further enhance the company’s production capabilities.
Additionally, Jusailong has established a production base in South China, located in Conghua, Guangdong. The designed annual production capacity of this base is 150,000 tons. Currently, the second phase of expansion is in full swing, with an expected increase in annual production capacity of various modified plastic products such as modified PP, modified PC/ABS, and modified PBT reaching 50,000 tons. This series of capacity expansion and upgrading measures will undoubtedly provide solid support for Jusailong to occupy a favorable position in future market competition.
According to the Color Masterbatch Industry Network, Jusailong’s capacity expansion plan is not only a powerful response to its capital operation after listing but also a proactive adaptation to the continuous growth of market demand. With the booming development of the new material industry, Jusailong, relying on its strong research and development capabilities and market layout, is rapidly emerging as a leading enterprise in the industry.