Invested 190 million Asda in Jilin to build 113,000 tons of high-performance coatings project

Asda Coatings (Gilling) Co., Ltd. ("Ashed") mainly produces liquid coatings and powder coatings, and its products are mainly used in light vehicle and commercial vehicle manufacturers, automotive repair after-sales market and many industrial applications.
In accordance with market demand, Asda Coatings (Gillin) Co., Ltd. intends to build "Asda Coatings (Gillin) limited annual production of the company at the southeast corner of the intersection of Nine East Road and Kunlun Street in Jilin Economic and Technological Development Zone." 113,000 tons of high-performance coating project, the construction includes: annual output of light vehicles / commercial vehicle varnish 8500t, diluent 1500t, medium coating 1000t and anti-flow hanging resin 300t production line.
Project Basics
1, Project Name: Asda Coatings (Jilin) Co., Ltd. annual output of 113,000 tons of high-performance coatings project
2, construction units: Asda Coatings (Gillin) Co., Ltd.
3, construction properties: new (national economic industry code: C2641 paint manufacturing; Materials, pigments, inks and similar products manufacturing)
4, construction scale: the proposed production scale for light vehicles / commercial vehicle varnish 8500 tons / year, light vehicles / commercial vehicles thinner 1500 tons / year, 1000 tons / year, the export of Asda China's other brother factories semi-finished anti-flow hanging resin 300 tons / year .
5, construction site: the construction project is located in Jilin City Chemical Industry Cycle Economy Demonstration Park through the opening area of the nine east road and Kunlun Street intersection of the southwest corner, the land for industrial land. The east side of the plant is Kunlun Street, the south side is Jilin Rongfeng Chemical Co., Ltd., the west side is Jilin Changyuan Technology Co., Ltd., and the north side is Jiudong Road.
5, project investment and income: the total investment of the project 19 million yuan, the source of funds for the enterprise self-financing. The project is expected to have annual sales revenue of 350 million yuan and annual value-added tax of 12 million yuan.
6, work system and number of construction period: the construction period of the project a total of 200 construction personnel, construction period of 2 years and 3 months.
project market background:
China's auto production and sales for the sixth consecutive year, China's total auto production in 2011 was 18.5 million units, in 2015 production reached 25.2 million units. The accompanying original car paint is expected to reach 550,000 t by 2015, and the use of automotive repair coatings is expected to grow from about 130,000 t in 2011 to 220,000 t in 2015, which can be seen in the huge demand for automotive coatings in China.
according to statistics, in the first half of 2019, China's total paint industry output was 9.6445 million tons, up 4.8% YoY from the same period in 2018; In the first half of 2019, China's paint and pigment industry imported and exported 990.7 million tons in the first half of the year, a decrease of 5.89% YoY;
addition, China's paint industry trade deficit is staggering: imports of $593 million in the first half of the year, exports of $306 million. This deficit is reflected not only in the total amount, but also in the unit price, our average import price is $6366.5 per ton, the average export price is $3352.2 per ton. The top export areas are Panama, North Korea, Vietnam, India and other countries. The paint deficit shows that we are not only facing the problem of surplus, but also facing the problem of the low end of the industry. Therefore, china's paint products added value there is still room for improvement, China's paint industry urgently need to accelerate upgrading.
。