SVECK, one among China’s largest suppliers of EVA movies for PV modules, stated it plans to speculate CNY 1.36 billion ($203 million) in a brand new manufacturing unit with a deliberate capability of 420 million sq. meters. The corporate stated it can construct the brand new manufacturing unit in two phases in Yancheng, Jiangsu in China.
The primary part has a capability of 120 million sq. meters in 16 manufacturing traces. It’s anticipated to start out industrial operations originally of the third quarter of this yr.
The corporate plans to launch the second part relying on market situations. It is going to 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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