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"If you invest, it must be in China.
Continue to deepen the market in China
Regarding investment in China, Luo Wenshang said: “The occurrence of the new crown pneumonia epidemic has profoundly affected the development of the global economy, and China’s momentum for high-quality and sustainable development is still strong.
Nie Xiaobing, general manager of PPG Greater China Industrial Coatings and Global Consumer Electronics Materials, said: “From an investment perspective, we are not only looking at short-term development, but also focusing on long-term development in China, especially in the development of high-end products in many industries.
It is worth mentioning that PPG's investment in China is usually the simultaneous advancement of capacity expansion and R&D innovation.
Overweight the powder coating business in China
According to reports, the Jiading plant is PPG's important powder coating production base in China.
Luo Wenshang said: "PPG has strengthened its powder coating research and development capabilities to meet the growing market demand for environmentally friendly products.
According to reports, as a powder coating production base, PPG's Jiading factory has a highly automated powder coating production line, which is fully automated from raw materials to finished products to packaging.
Build a brand with performance advantages
Regarding the positioning of the Chinese market, Luo Wenshang emphasized: “PPG pays attention to the prospects and applications of powder coatings in various markets, especially for the prospects and applications of the high-end market.
Luo Wenshang further stated: "Our application can promote the development of R&D work and accelerate the product's entry into the market.
Nie Xiaobing said, “Market positioning and value sales are two aspects that PPG attaches great importance to.