On the morning of March 21, the high-end equipment manufacturing project of Pfaudler Group, with a total investment of 50 million US dollars, was started in the Liyang Economic Development Zone.

The project covers an area of 65 mu (about 4.33 hectares). The main product will be glass-lined equipment, and the plant is expected to be put into operation in August this year.

Pfaudler Group, headquartered in Frankfurt, Germany, is the world's largest and most advanced manufacturer of glass-lined equipment. The company's main products include glass-lined towers, storage tanks, reaction tanks, glass-lined pipes, etc. In addition, the Fadel Group is the largest shareholder of the Deutsche B?rse Group (DBAG), established in 1993. DBAG is the world's leading provider of securities industry services to German companies.

As the first foreign-invested project launched in the Liyang Economic Development Zone since its relocation to Shangxing Town, the Pfaudler project will not only lead the development of advanced manufacturing in Liyang, but also accelerate the pace of international development in the region.