With an investment of 320 million yuan, the paint project with an annual output of 100,000 tons will soon be put into production

Global Coatings Network News: Recently, with an investment of 320 million yuan, Henan Wolong Coating Technology Co.
, Ltd.
, located in Henan Guanzhuang Advanced Manufacturing Development Zone, has an annual output of 100,000 tons of paint production line relocation, expansion and transformation project, which is expected to be officially put into operation
in November.

With an investment of 320 million yuan, the paint project with an annual output of 100,000 tons will soon be put into production

The project covers an area of 100 acres, plans to invest 320 million yuan, the project has an annual output of 50,000 tons of water-based coatings, 40,000 tons of high-solids coatings and 10,000 tons of powder coatings, and plans to achieve an output value of more than 580 million yuan and profits and taxes of 30 million yuan
in 2023.
The project was signed on January 6, 2022, and construction
officially started on April 27.

According to Zeng Lingbo, general manager of Henan Wolong Coating Technology Co.
, Ltd.
, the current project construction has entered the equipment installation stage, the overall project has completed 78% of the infrastructure construction since the start of construction, the main equipment installation has completed 62%, and it is expected to be officially put into production
on November 30 this year.

Information shows that Nanyang Wolong Paint Industry Co.
, Ltd.
is a private enterprise
established by the restructuring of Nanyang Paint Chemical Factory in 2011.
The company is a national second-type enterprise, the president of Henan Coating Industry Association, the eighth director of China Coatings Association, the provincial light industry advanced enterprise, through the ISO9001: 2008 international quality system certification, won the Henan Province famous trademark, the product won the provincial quality product title
.

The company specializes in the production of coatings for more than 40 years, mainly producing alkyd blending paint, anti-rust paint, alkyd enamel, polyurethane paint, nitro paint, hammer paint, universal glue, industrial anticorrosive paint, latex paint, water-based alkyd paint, water-based acrylic paint, water-based epoxy paint, water-based inorganic zinc-rich primer, powder coating, etc
.
Its "Wolong brand" coatings are exported to more than a dozen provinces and more than 400 counties and cities in the country, and exported to Russia, Kazakhstan and other countries
.