Wanwei High-tech announced that it plans to invest in the construction of a project with an annual output of 100,000 tonnes of VAE emulsion and 50,000 tonnes of redispersible powder, with a total investment of approximately 576 million yuan. The company stated that the project will help optimize resource allocation, capital structure, and industrial structure, extend the VAC and PVA industry chain, produce high-end new material products, increase product added value and profitability, and have positive significance for the company's future business development.
Anhui Wanwei Updated High-tech Material Industry Co LtdPlans to invest 576 million yuan in new project to expand production and improve profitability.
