A 50,000-metric-ton-per-year polylactic acid resin and processed products plant broke ground last week in Taizhou, China.
Zhejiang Hisun Biomaterials Co. Ltd. claims its latest project is set to become the largest PLA production base in Asia.
Hisun said it is investing a total of 950 million yuan ($152.6 million) on the 50-acre production site. Construction is estimated to take 18 months.
Once it reaches its designed capacity, the project is expected to generate 1.65 billion yuan ($265.3 million) in average annual sales, the company said in a Dec. 26 statement.
Hisun commissioned a 5,000-ton PLA plant in 2006 and claims to be the second largest PLA producer in the world. It serves a wide range of end markets including 3-D printing, housewares, disposable products, baby products, and fiber.
