On the morning of September 26th, the largest eco-environmental-friendly microfiber synthetic leather production project in China, the Jiangsu Fangtai Microfiber Synthetic Leather Project, officially started in the Hongqiao Industrial Park in Taixing City. The project plans to invest a total investment of 2.8 billion yuan, covers an area of ​​970 acres, from the current domestic synthetic leather industry production of the largest Zhejiang Fangyuan Artificial Leather Co., Ltd. investment and construction.
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It is reported that Jiangsu Fangtai Microfiber Synthetic Leather Project is scheduled to be completed and put into operation in June next year. At that time, it can produce 12 million meters of ultra-fiber leather, 180 million meters of PU synthetic leather, 100,000 tons of PU resin, and 30,000 tons of color materials. The annual sales will reach 6 billion yuan.