After kicking off a 600,000-ton spinning program, Shenghong group, the textile magnate of Jiangsu province, is about to make another investment---600,000-ton functional fiber program. The new program involved 4.5 billion CNY of investment. Stage one program---120,000-ton PTT program has already been initiated. Stage two program involves the construction of 500,000-ton DTYH and POY filament. The whole program is planned to be wrapped up in 2011.

Source: China Textile Leader