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Sidike Plans 1.652B Yuan Expansion for High-End BOPET Base Film, Targeting MLCC Release Film
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Sidike (300806.SZ) announced on September 23 that its board has approved a plan for its wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd., to invest in and construct an expansion project for the annual production of 103,000 tons of high-end functional BOPET base film. The total investment is estimated at 1.652 billion yuan, to be funded by the company's own and self-raised capital. The project will be located in Sihong, Jiangsu Province. It aims to mass-produce multiple series of high-end functional BOPET base materials, including MLCC release film base film and polarizer protective film base film. These products are primarily intended for downstream applications such as microelectronic MLCC manufacturing, special optical devices, precision PCB circuits, smart terminal protection, automotive and building energy-saving window films, and industrial precision protection.
Source report
Shanghai, September 23 — Sidike (300806.SZ) announced today that its board of directors has approved a proposal to invest in the construction of a high-end functional BOPET base film expansion project with an annual production capacity of 103,000 tons.
The project will be implemented by the company's wholly-owned subsidiary, Jiangsu Xingyuantai New Material Technology Co., Ltd., and will be located in Sihong, Jiangsu Province. The total estimated investment is 16.52 billion yuan, to be funded through the company's own capital and self-raised funds.
The project is designed for large-scale production of multiple series of high-end functional BOPET base materials, including:
- MLCC release film base film
- Polarizer release protective film base film
These products are primarily intended for downstream applications such as:
- Microelectronics MLCC manufacturing
- Special optical devices
- Precision PCB circuits
- Smart terminal protection
- Automotive and building energy-saving window films
- Industrial precision protection
Source
财联社Neutral / independent
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Sidike plans 1.65 billion yuan investment for 103,000-ton high-end BOPET film expansion