20th June, as an example project, Changzhou Composites Base of China Building Material Group starts to build. On behalf of Mr. Songzhiping, general manager of China Building Material Group, Mr. Zhangdingjin, general manager of China Composites Corporation deliver a speed on the ceremony. Mayor of Changzhou as well as other municipal officials attend the ceremony.
Changzhou composites base is located in the Changzhou Zhonglong Economic and Development Zone, occupies a total area of 140 thousand square meters. It is planed to invest 1.5 billion RMB to set up 5 modern production line for glass fiber mat, water-proof material and new flooring material.
The first phase is planned to invest 350 million RMB to move a 5.5 million square meters semi-hardness plastic flooring material production line cooperated with a Japanese company and build a new high-level elastic material line which is introduced from Germany with an annual capacity of 12 million square meters. Once they are put into production, the total sale income will be 500 million RMB.