Mr. Cao informed that Bluestar Chengrand, an arm of China’s largest chemical firm – China National Chemical Corp (ChemChina), now has an annual capacity to produce 1,000 tons of para-aramid fibre, which finds great utility in aerospace industry and with military, and is also used in components for ships, automobiles and high-speed trains.
The firm proposes to set up a production line with a capacity to produce another 10,000 tons of para-aramid per annum and to install new machinery to support production of composite materials out of para-aramid and intends to invest around three billion yuan or US$ 476 million for the same.
For more details please visit : China to become third largest para-aramid producer @ Fibre2fashion
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