In the city of Dazhou, Sichuan Juyuan Basalt Fiber Technology Co. Ltd has commissioned the continuous basalt fiber manufacturing facility.
The first stage of the CBF production line can produce 3000 tons of fiber per year. The total production capacity is scheduled to reach 20,000 tons per year. This project is implemented by Sichuan Juyuan Basalt Fiber Technology Co., Ltd. in the industrial park located in the Dazhou Economic Development Zone (Sichuan Province) with a total investment of 400 million yuan.
The province considers the continuous basalt fiber production to be a key element of economic development and the basis for basalt composite production, says the official website of Sichuan province government.
During the Yantai Marine Economic Forum the basalt fiber new material industrial park was mentioned among scheduled projects.
China is planning to fully exploit basalt fiber-based products in the defense, transport, construction industries, for the automotive and ship-building, equipment used in the petrochemical and aerospace industries etc.