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On December 10, Zhejiang Changhong Biomaterials Co.
, Ltd.
(hereinafter referred to as "Changhong Bio"), a wholly-owned subsidiary of Ningbo Changhong Polymer Technology Co.
, Ltd.
, successfully won the land for sale at No.
M2020-10, Shengzhou Economic Development Zone.
It marks that the Changhong High-tech 600,000-ton fully biodegradable thermoplastic industrial park project has officially landed in Shengzhou and entered the stage of full-scale construction
.
According to the project plan, the project is divided into two phases, each phase is 300,000 tons/year, and the total construction period is 5 years
.
It is understood that in October this year, Changhong Hi-Tech announced that it will invest in the construction of a 600,000-ton/year fully biodegradable thermoplastic industrial park PBAT/PBS/PBT flexible and flexible production project
.
Two weeks later, Changhong Hi-Tech issued another announcement saying that it had signed the "Full Biodegradable New Materials Industrial Park Project Investment Agreement" with the Shengzhou Municipal People's Government.
The term is 50 years
.
According to the agreement, the Shengzhou Municipal People's Government will transfer the land parcel M2020-10, Shengzhou Economic Development Zone, with a total area of about 213 mu
.
On December 10, the "Confirmation of Online Transaction Transactions for the Assignment of State-owned Construction Land Use Rights" confirmed that Changhong Bio won the state-owned construction land use rights of the land plot, and the total transaction price of the land plot was RMB 71 million
.