Xinxiang Bailu Chemical Fiber Co., Ltd. recently annouced its 12,000 tons urethane fiber project kickoff. This project is based on its existing urethane fiber capability and management experience, aiming at optimize the product structure and enhance product level. The first stage will invest 410 million yuan and produce quality urethane fiber 8000 tons per year. The estimated income is 400 million yuan per year, with sales profit 110 million yuan.

source:CTEI