Author:Site Editor Publish Time: 2018-11-28 Origin:Site
On September 28, 2018, NAR industial Co., Ltd. signed the land purchase contract of chemical project with Jiangsu Rudong Coastal Economic Development Zone Management Committee, the project investment agreement, and planned to build a high-performance digital chemical product production and R & D base construction project in Jiangsu Rudong Coastal Economic Development Zone, and officially announced to the public.
NAR industrial Co., Ltd. plans to invest RMB 210 million in the project. Once the project is completed, it will echo with Nantong Baina, located in Nantong Tongzhou district, to achieve regional supporting advantages, so as to form large-scale and centralized production, which will fully promote the quality control of upstream products, the further expansion of overall production capacity, and the reduction of production and logistics costs
Once the project is completed, the scale of large-scale and lean production will be further expanded and deepened, and the raw materials with more stable quality and more advantageous cost will be fully applied to NAR and its brand products such as Baina. At that time, NAR will provide customers from domestic and abroad with higher quality and cost-effective products.
As an important strategic layout for future development. The completion of the project will mark the success of NAR in opening up the upstream and downstream industrial chain, which is an important foundation for the formation of industrial closed-loop.