Tianhe Group launches a major special resin production project in Guangdong
Tianhe Group held a groundbreaking ceremony for its special resin project at the Huizhou New Materials Industrial Park in southern China’s Guangdong province. This project is launched in accordance with the requirements of the construction activity plan of Huidong County, Guangdong Province, for high-quality industrial development projects in the first quarter of 2024.
As a major strategic project of Tianhe Group, the Guangdong Tianhe project plans to build an overall resin production capacity of 250,000 tons per year with a total investment of around 1 billion yuan (130 million euros). Once the project is fully completed and reaches production, the production value will exceed 4 billion yuan (520 million euros). The product market will be based in South China and will target Southeast Asia.
The start of this first phase marks a solid step in the construction of Tianhe Group’s Guangdong project, and the completion of the project will further strengthen Tianhe Group’s development model to shine throughout the region. The group will use its research institute as an incubator to continuously consolidate its industrial base and deploy a comprehensive system around its production bases in Nantong and Lianyungang in Jiangsu province, in Zhejiang province and in Guangdong province.
