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    Home > Coatings News > Paints and Coatings Market > Yip's Chemical's integrated coatings business is ready for launch in 2015

    Yip's Chemical's integrated coatings business is ready for launch in 2015

    • Last Update: 2021-11-13
    • Source: Internet
    • Author: User
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    Global Coatings Network News:

    Global Coatings Network News:

    On December 13, the 2014 media communication meeting of Ye's Chemical Group was held in Beijing Hanzhenyuan International Hotel.
    Yip's Chemical Group Executive Committee Chairman, Group Executive Director Mr.
    Ye Xuan, Yip's Chemical Group Chief Financial Officer and Executive Director, Group Executive Committee Member Mr.
    He Shihao, Yip's Chemical Group Executive Committee Member, Bauhinia Paint Group President Mr.
    Ye Jun, Communication Department manager Li Yanxuan attended.

    Ye Zixuan said that as a family-controlled company, Ye's Chemical has gone public for 24 years since it went public in 1991.
    Solvents, coatings, inks, and lubricants are currently the four core businesses of Yip's Chemical Group.
    The sharp drop in oil prices after November has had a partial impact on the market.
    Some of the raw materials of Yip's Chemical Group have been derived from coal, etc.
    , and are not 100% dependent on crude oil, so the impact is not as large as outside speculation.
    Under various pressures, Yip's Chemical will focus on its own business and do a good job in the four major businesses.
    It is expected that the overall sales in 2014 will be able to complete the company's plan at the beginning of the year.

    In 2014, Yip's Chemical Group reorganized its coating business.
    Ye Zixuan said frankly that in order to better expand the East China market, Jiangsu Taixing’s newly-built 300,000-ton acetate production line is stepping up construction and is expected to be put into use early next year.
    The new product line uses a newer process technology.
    The original production line will continue to produce several mature acetate products, enriching the series of acetate products.
    Yip's Chemical is now the world's largest producer of ester solvents with an annual production capacity of 800,000 tons.
    At the same time, the group will reintegrate its civilian "Bauhinia Paint" and industrial "Hengchang Paint", resin and other factories to form a new Bauhinia Paint Group, which will officially operate on January 1, 2015.
    The Coatings Group will continue to optimize operating efficiency.
    The civil line is dominated by the growth of water-based paint.
    The second phase of the Shanghai Jinshan Coating Factory is constructed in order and is expected to be put into use next year.

    Ye Jun introduced the general situation of Bauhinia Coatings Group in detail.
    He said that "green environmental protection" and "professional services" are the development objectives of Bauhinia Coatings Group.
    The main business direction of the coatings group is still in the field of civil home decoration and engineering.
    , Industrial coatings will focus on toys, furniture, construction machinery, digital coatings and other fields.
    Bauhinia Paint currently has 1,800 specialty stores and more than 6,800 sales points nationwide.
    In terms of architectural coatings, we will continue to expand our sales network and work together to provide consumers with high-quality, green coating products and all-round coating solutions through Bauhinia's national specialty stores.
    In terms of industrial coatings, it will not only become a manufacturer of coatings, but also develop into an expert in coating effects, provide professional value-added services, solve customers' problems in coating online, and become customers' partners.

    In terms of corporate social responsibility, Yip's Chemical has also been at the forefront.
    As early as 2008, the group donated the first mobile eye surgery cart through the Asian Blindness Prevention Foundation.
    By June 30, 2014, the project successfully helped 34,778 cataract patients.
    By 2020, Yip's Chemical Group will donate at least 12 mobile eye surgery carts.
    The provinces that have been donated are Jiangsu, Shandong, Inner Mongolia, Yunnan, and Heilongjiang provinces.
    Mobile eye surgery vehicles in Shanxi Province are also under construction.
    It is understood that the total price of each mobile eye surgery vehicle exceeds 2.
    5 million Hong Kong dollars.
    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network
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