Changzhou Tianma Group Co.,Ltd.held the ground breaking ceremony for a new composite material production base funded by the company with an investment of RMB700 million in Binjiang Fine Chemical Industry Zone,Changzhou,Jiangsu province on March 30th,2007.The production base includes a 30 000 t/a alkali-free fiberglass tank furnace,6-7 chopped felt production lines,10 stitch-bonded fabric trains and geotex grille complete trains with a total capacity of 100 million m2/a.After the completion of the new plant,a sales volume of over RMB2.0 billion will be formed.
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