Hubei Longqiao Silicon Materials Co., Ltd. has started construction on the 330 kt/a new silicone materials project with a total investment of RMB 5.2 billion, to produce five categories: silicone fluid, silicone rubber, functional silane, silicone based hybrid materials and interfaced network materials. The project is planned to be implemented in three phases, of which the first phase project will be built of the 70 kt/a new silicone materials unit, with an investment of RMB 1.5 billion, construction was started on July 31 with being slated to come on line in 2023. The second phase project will cost  RMB 2.8 billion to build  200 kt/a silicone materials unit, and the third phase project will cost RMB 900 million to build 60 kt/a silicone materials device. Upon completion of the full project, more than 300 jobs will be created.