Excalibur announced on the evening of June 20 that an annual production capacity of 50,000 tons of energy-saving and environment-friendly powder coating special polyester resin project invested by Huangshan Shenjian, a subsidiary controlled by the company, was recently completed and reached a usable state. After trial operation, it will formally Put into production operations.
Excalibur said that after the project is fully in production, the company's polyester resin production capacity is expected to reach 200,000 tons/year. The completion of the project will effectively resolve the company's current capacity bottleneck.