Huitian New Material plans to expand two projects

On November 14, Huitian New Materials announced that in order to seize the opportunities of the new energy automobile industry and match the growing market demand, the company plans to self-raise about 39 million yuan to invest in a new polyurethane automatic production line and increase the production capacity of two-component polyurethane rubber for lithium batteries by about 10,000 tons/year
.

In addition, the company also said that in order to ensure future supply demand and further increase market share, it plans to invest about 21 million yuan in a new twin-screw automatic production line with self-financing to increase the production capacity of photovoltaic one-component silicone sealant by about 30,000 tons/year
.

It is understood that after the above two projects are put into operation, the production capacity of polyurethane rubber for lithium batteries will reach about 18,000 tons / year, and the production capacity of photovoltaic single-component silicone sealant will reach about
110,000 tons / year.