Under the tide of price hikes, large companies speed up the construction of coatings projects from January to March

"Global Coatings Network News"

From January to March 2018, more than 20 new coating projects were started, covering provinces such as Hebei, Henan, Sichuan, Jiangsu, Anhui, Xinjiang, Guangdong, Yunnan and other provinces, municipalities and autonomous regions.

The Jiangsu project with an annual output of 61,000 tons of adhesives, 5.

On the morning of March 18, 2018, the central section of Huoyang Avenue in the industrial cluster of Ruzhou City was crowded with people, colorful flags, Henan Boma Power Turbocharged engine and other 9 projects were held here, which marked the city.

On March 19, 2018, Henan Bafang Chemical Co.

Wangong Environmental Protection invests 200 million yuan

On March 19, 2018, Henan Wangong Environmental Protection Material Co.
, Ltd.
started construction of a water-based environmentally friendly paint project with an annual output of 60,000 tons, with a total investment of 200 million yuan.
After it is completed and put into production, it will achieve sales revenue of 278 million yuan and an expected annual profit of 29 million yuan.
Taxation of 30 million yuan.

Dobo New Materials invests 68.
595 million

On March 19, 2018, Henan Duobo New Material Technology Co.
, Ltd.
produced 100,000 tons of water-based paint project with a total investment of 68.
595 million yuan.
After the project is completed and put into production, it is estimated that the annual sales income will be 320 million yuan, the expected profit will be 68.
482 million yuan, the expected tax revenue will be 12.
94 million yuan, and 170 jobs will be provided.
Existing companies such as chemical industry form upstream and downstream industrial chain relationships or partnerships.

Zhengda Chemical invests 60 million in water-based coatings

On March 19, 2018, Henan Zhengda Chemical Co.
, Ltd.
started construction of a water-based paint construction project with an annual output of 30,000 tons, with a total investment of 60 million yuan and an area of ​​about 10.
6 acres.
To meet the market's demand for high-quality coatings, it is expected to achieve sales revenue of 110 million yuan after completion and put into production, with an expected annual profit of 10.
5 million yuan and expected tax revenue of 3.
5 million yuan.

Qihui Technology invests in environmental protection water-based paint construction project

In March 2018, Sichuan Qihui Technology Co.
, Ltd.
invested in a concrete pumping agent and environmentally friendly water-based paint construction project, mainly building a polycarboxylate water-reducing agent production line, compounding the production of concrete pumping agents; building an environmentally-friendly water-based resin production line, compounding production Water-based wood paint and water-based adhesives, and other public and auxiliary environmental protection facilities.

Three Trees Qionglai + Boye Project

On March 7, 2018, Sankeshu Paint Co.
, Ltd.
announced that the company plans to invest in a new paint project in Qionglai Industrial Park, Tianfu New District, Sichuan.
The total investment of the project is RMB 29979 million, of which, the construction investment is RMB 242.
98 million and the initial working capital is RMB 46.
77 million.
Of the total investment of the project, 20985 million yuan (about 70% of the total investment) comes from its own funds and bank loans.
On the same day, Sankeshu issued an announcement stating that the company intends to set up a wholly-owned subsidiary Hebei Sankeshu Paint Co.
, Ltd.
in the Economic Development Zone of Boye County, Baoding City, Hebei Province with its own funds of 40 million yuan, and use this company as the main body of the project.
Invest in a production base project in Boye Economic Development Zone with self-raised funds not exceeding 611 million yuan.

Zhanchen invests in a coating project with a capacity of 300,000 tons

The groundbreaking ceremony of Zhanchen's Puyang production base was held in Puyang a few days ago.
As a major project of Zhanchen's 2018, it will provide the group with 300,000 tons of coating products.
Among them, 70,000 tons of architectural coatings, 70,000 tons of water-based coatings, 60,000 tons of resin auxiliary materials and 100,000 tons of solvent-based coatings.
According to the plan, the project will be constructed in three phases.
The first phase is scheduled to be put into operation before 2019; the second phase is planned to complete the construction of the raw materials and auxiliary materials base, the northern headquarters office building, and the staff dormitory by the end of 2020; the third phase is planned to be completed in 2022 , To complete the layout of the full coating product line.
As the tenth largest production base of Zhanchen in my country, Puyang Zhanchen New Material Co.
, Ltd.
will serve as the northern headquarters base of the group after the project is partially put into operation in 2019, directly connecting with the markets of the 15 provinces in the two cities of Northeast, North China, Shandong and Northwest.
Sales and service.

Meitus invests 600 million yuan

On March 6, 2018, the new "Meitus New Building Waterproof Coating Research and Development Project" invested by Meitus Building Materials started construction.
The construction period is from December 2017 to December 2021.
It is reported that the total investment of the project is 601.
09 million yuan, with an annual output of 240,000 tons of various building materials and coatings.
According to the data, the total construction area of ​​the first and second phases of the project is 43,500 square meters, and the main construction is to produce 220,000 tons of architectural coatings (including interior wall paint, exterior wall paint, architectural texture paint, architectural art paint, real stone paint, and floor Lacquer and other architectural coating accessories, etc.
), production line workshops with an annual output of 20,000 tons of wood coatings (including water-based wood paint, curing agent, thinner, UV paint, PE paint, PU paint, nitrocellulose paint, wood paint accessories, etc.
) and Supporting equipment and facilities.

100,000 tons of water-based paint project invested in Lanbao Bay, Henan

On February 22, 2018, the high-quality development of major projects in Shangqiu City in 2018 was held in Henan Lanbaowan Coating Technology Co.
, Ltd.
The projects put into production this time include Henan Lanbaowan Paint Technology Co.
, Ltd.
with an annual output of 100,000 tons of water-based paint.
The total investment of the 6 projects is 1.
185 billion yuan.

King Kong Chemical invests 600 million yuan

In 2018, King Kong Chemical (Tianjin) Co.
, Ltd.
announced that it plans to invest 600 million yuan to build a new automotive paint industrial coating project with an annual output of 73,700 tons.

It is reported that the project is scheduled to be completed and put into trial operation in March 2019.
In order to further expand its production capacity in China, King Kong Chemical (Beijing) Co.
, Ltd.
plans to invest 60 million yuan to establish King Kong Chemical (Tianjin) Co.
, Ltd.
, and plans to acquire 10.
5 hectares of land, and build Tianjin Nangang with an annual output of 73,700 yuan in the Nangang Industrial Zone of Tianjin Economic and Technological Development Zone.
Tons of automotive paint, industrial paint and coating projects.
The project mainly produces automotive paints, industrial paints, architectural paints and thinners, curing detergents, etc.
The production scale is: an annual output of 13,000 tons of oil-based automotive paints, 13,000 tons of water-based automotive paints, 26,000 tons of industrial paints, and architectural paints 0.
09 million tons, 20,800 tons of thinner and curing agent cleaners.

Asia Chuangneng Xinjiang Project

On the evening of February 5, 2018, Asia Chuangneng issued an announcement stating that in order to meet the needs of the company’s future business development, the company agreed with the Management Committee of Urumqi High-tech Industrial Development Zone on February 5, 2018, and the people of the new urban area of ​​Urumqi.
The government signed the "Investment Cooperation Agreement" and plans to invest in the construction of the "Asian Energy Building Energy-saving Insulation and Decoration Materials Xinjiang Manufacturing Base" in the Urumqi High-tech Industrial Development Zone (New Urban Area), with a total investment of about 300 million yuan.

Asia Chuangneng Anhui Project

On the evening of February 10, 2018, Astronergy issued an announcement stating that in order to meet the company's future business development needs and expand the company's industrialization scale in the field of building exterior wall parts and building materials, Astronergy Technology (Shanghai) Co.
, Ltd.
On December 30, 2017, the "Stone Facing Flexible Patch Project Investment Agreement" was signed with the Quanjiao County People's Government.
The agreement stipulates that the company intends to invest 150-200 million yuan in the Quanjiao Economic Development Zone in Anhui Province to invest in the construction of an annual production capacity of 500 -6 million square meters of stone facing flexible patch manufacturing base.

Oriental Yuhong invests 1.
5 billion yuan

On February 5, 2018, Oriental Yuhong issued an announcement stating that through further discussion and refinement of the project investment plan with the Laibin Municipal Government, the “Investment Cooperation Agreement” was signed on the basis of the original “Strategic Cooperation Framework Agreement”.
Invest in the construction of the Oriental Yuhong Guangxi Laibin production base, mineral resources development and South China headquarters base project in Laibin City.
The total investment of the project is estimated to be 1.
5 billion yuan.
According to the agreement, the construction content includes the construction of Dongfang Yuhong special mortar, waterproof membrane, waterproof coating production base project; calcium carbonate and quartz stone mineral resource development and processing project; South China regional headquarters R&D base project, etc.

China Resources invests 10 million yuan

Guangdong China Resources Coatings Co.
, Ltd.
plans to invest 1.
5 million US dollars (equivalent to 10 million yuan) to expand the project with an annual output of 50,000 tons of high-performance coatings.
The project site is located in the Science and Technology Industrial Park of the High-tech Development Zone, Ronggui Street, Shunde District.
The construction period is from November 2017 to May 2018.

Nippon's Central Plains area total investment of 860 million yuan project put into operation

It was learned on January 11, 2018 that Nippon Paint’s Central Plains regional production base project has recently been completed and put into production.
It is reported that the total investment of the project is 860 million yuan, with an annual output of 600,000 tons of architectural coatings.
After it is completed and put into production, it can achieve annual sales revenue of 6 billion yuan.
After completion, it will become the largest paint factory in Asia.

Nippon Paint (Kunming) Co.
, Ltd.
invested 120 million yuan

On January 8, 2018, Nippon Paint (Kunming) Co.
, Ltd.
held a groundbreaking ceremony for its new plant renovation and expansion project in Shaoqing Machinery Processing Park, Fumin Industrial Park.
It is reported that the project covers an area of ​​84.
6 acres and plans to invest 120 million yuan to build production lines for latex paint, sand wall series, rock color series and dry mortar series.
The total annual production capacity is expected to reach 100,000 tons.

Looking at the investment projects of major coatings companies since 2018, it can be seen that the majority of investment projects are water-based coatings and high-performance coatings.
As people's awareness of environmental protection has become stronger, the country has also paid more and more stringent attention to environmental protection, and environmentally-friendly coating projects such as water-based coatings have received increasing attention.
Compared with traditional paints, water-based paints are new environmentally friendly paints that use water as a thinner, and do not contain toxic and harmful gases such as benzene, toluene, and formaldehyde.
Compared with paints, they have significant environmental advantages and are an important guarantee for energy conservation and emission reduction.
This kind of pollution-free green paint will replace the traditional oil paint and become the protagonist of the world paint market in the future.