On June 29, Conch Profile announced that it agreed to use the existing land, plant and surplus capacity equipment of Wuhu production base to invest in the construction of a 40,000-ton plastic floor technical transformation project with a total investment of about 57.05 million yuan. In the first phase, the annual production capacity is 18,000 tons, and the investment amount is about 31.61 million yuan. In the later stage, the machine will be expanded according to the market conditions. The source of funds required for the project are self-owned funds and bank loans.
According to the conch profile announcement, the investment target of this project is a plastic floor technical transformation project with an annual output of 40,000 tons. The overall planned production capacity of the project is 40,000 tons/year. It mainly produces new SPC flooring, LVT flooring and other high-end stone plastic flooring.
It is understood that the plastic floor is made of polyvinyl chloride resin as the main raw material for polymer floor covering materials. It has the advantages of green environmental protection, strong decoration, super wear resistance, easy installation and easy maintenance. It is mainly used in hospitals and schools. , office buildings, factories, supermarkets and other public places and home improvement market. This product is a new type of light body floor decoration material which is more popular in the world. The market is mainly concentrated in developed countries such as Europe and the United States. It is in the promotion stage in China and has broad market prospects. .