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    Home > Coatings News > Paints and Coatings Market > Nippon China Re signs a contract to invest in the new intelligent green paint factory project

    Nippon China Re signs a contract to invest in the new intelligent green paint factory project

    • Last Update: 2020-03-25
    • Source: Internet
    • Author: User
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    On March 19, a number of major projects in Quanzhou concentrated on "cloud signing" Screen to screen communication, point-to-point interaction, a number of major projects representing the future industrial development trend of Quanzhou successfully hand in hand Among them, the state-level Quanzhou Economic and Technological Development Zone and Nippon China signed the framework agreement of "Nippon new intelligent green paint factory project" The reporter noted that according to the development plan, the base produces a series of products such as Nippon new latex paint (water-based latex paint), new stone like paint (sand wall), special dry powder mortar, energy-saving and heat preservation decoration integrated board, etc The project covers an area of 150-200 mu After the completion of the project, the annual sales volume can reach nearly 2 billion yuan, and the annual tax contribution is 80 million yuan Nippon coatings entered China in 1992 and is the largest coatings manufacturer in the Asia Pacific region Its production and sales volume has been ranked the first in China's coatings industry for 22 consecutive years The business involves in building coating, wood coating, automobile coating, coil coating, powder coating, anticorrosive coating, floor coating, general industrial coating, etc., and the production and sales volume of many fields are in the forefront of the domestic industry The sales volume in 2019 is about 16.297 billion yuan Up to now, Nippon has established 55 production bases (including planned) in Shanghai, Chengdu, Guangzhou, Chongqing, Langfang, Tianjin, Kaifeng, Xianning, Kunming and other places in China Last year alone, Libang has built five green intelligent coating factories in China, including Chengdu, Jinan, Kunming, Qingyuan and Kaifeng In order to further expand its business scale, Libang also plans to build new factories in Tianjin Nangang, Shandong Zibo, Hunan Changsha, Hebei Shijiazhuang, Jiangsu Nanjing, Henan Nanyang, Jiangxi Yongxiu, Shaanxi Xi'an and other places, among which five investment projects have been signed in 2019 In addition, Libang's factories in Lankao, Changshu, Suzhou and other places are also under construction According to the planned construction projects, the cumulative investment of Nippon China is more than 9 billion yuan, and the coating production capacity is more than 1.4 million tons (excluding the data not yet disclosed and the production capacity other than the coating) After reaching the production capacity, the annual output value can be more than 11 billion yuan (excluding the data not yet published) (coating boundary)
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