Nitrile rubber project Nanjing Chemical Industry Park officially started construction
An annual production capacity of 60,000 tons of nitrile rubber project was jointly established by Mexico’s KUO Group and Jiangsu Jinpu Group, and it was formally started on June 28 in Nanjing Chemical Industry Park. The total investment of this project is about 110 million U.S. dollars and it is planned to be built in two phases. With an annual production capacity of 30,000 tons and an investment of approximately US$60 million, it will be completed and put into production by the end of 2013. This is China's first joint venture project for nitrile rubber. KUO Group is Mexico's leading multinational enterprise group. Its products are sold in more than 70 countries and regions around the world. Its products span various fields such as synthetic rubber, bio-energy, aviation and nano-materials. It is a major producer of synthetic rubber in Latin America. More than 40 years of experience in synthetic rubber production and leading nitrile rubber technology. Nitrile rubber is widely used in the automotive, construction, shoe materials and Other fields, according to statistics, China's annual demand for nitrile rubber about 200,000 tons. The annual consumption growth of nitrile rubber in China will reach 7.6% in the next few years. Ball Valve,3 Way Ball Valve,Ball Valve Price Wofly Technology Co., Ltd. , http://www.gd-valve.com