SVECK, one in all China’s largest suppliers of EVA movies for PV modules, mentioned it plans to take a position CNY 1.36 billion ($203 million) in a brand new manufacturing unit with a deliberate capability of 420 million sq. meters. The corporate mentioned it is going to construct the brand new manufacturing unit in two phases in Yancheng, Jiangsu in China.
The primary section has a capability of 120 million sq. meters in 16 manufacturing traces. It’s anticipated to begin industrial operations initially of the third quarter of this 12 months.
The corporate plans to launch the second section relying on market circumstances. It should deploy one other 40 manufacturing traces with a mixed capability of 300 million sq. meters.
SVECK expects to generate an annual income of CNY 3.4 billion from the manufacturing unit.
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