Total investment of 260 million annual production of 2 thousand tons of paint resin project before approval
On October 31ST, IT WAS LEARNED FROM CHUZHOU ECO-ENVIRONMENT BUREAU THAT THE ENVIRONMENTAL IMPACT REPORT OF FUCHUAN NEW MATERIAL TECHNOLOGY (ANHUI) CO., LTD. 'S ANNUAL OUTPUT OF 1000 TONS OF HIGH-PERFORMANCE WATER-BORNE COATINGS FOR AUTOMOBILES AND ANNUAL OUTPUT OF 1000 TONS OF WATER-BORNE RESINS PROJECT WAS PUBLISHED BEFORE APPROVAL. It is reported that the project is located in Mingguang City, Anhui Province, covers an area of about 30 mu, with a total investment of 262 million yuan.
It is understood that Hebei Fuchuan Waterborne coating Co., Ltd. set up a factory in China in 2013, the company is a professional production of automotive sealing strip, wiper strip coating enterprises. The company introduces mature coating formula and advanced production technology from Japan, and uses raw materials designated by Japan to ensure product stability. As the head company in the automotive sealing strip waterborne coating industry, Fuchuan has a strong technology research and development and sales capacity, the company's products have a high market share, the annual growth rate of more than 30%, showing a rapid increase year by year.
To meet the needs of automobile industry development of green environmental protection coating, hebei fortune water-based paint co., LTD. Registered in mingguang city, anhui province coating industrial park set up fortune new materials science and technology (anhui) co., LTD., with a total investment of 262 million yuan to build "the annual output of 1000 tons of cars with high performance water-based coating and the annual output of 1000 tons of water-based resin project".
The project is located in Mingguang District, Mingguang City, Anhui Province, the south side of Jibaoli Road, the west side of the third road, covers an area of about 30 mu, the total investment of 262.324 million yuan, including environmental investment of 31.1 million yuan. The project consists of 3 productions workshops, class A warehouses, class C warehouse, some public and auxiliary facilities and environmental protection facilities, and the production line of high-performance water-based coatings gor automobiles with an annuak output of 1000 tons and water-based resin products with an annual output of 1000 tons. Including automotive sealing strip coating 600 tons/year, the wiper bar coating 200 tons/year, car interior paint 100 tons/year, printer rubber roller coating 100 tons/year, acrylic modified waterborne polyurethane resin 600 tons/year, waterborne polyurethane resin (polyether polyol) 200 tons/year, water-borne polyurethane resin (polyester polyol) 200 tons/year, After delivery, the annual operating revenue will be 206.50.0 million yuan, and the net profit will be 48.343 million yuan.
2026-09-10
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
PTTGC 4 billion euros to acquire paint resin manufacturer Allnex
-
Clariant and FUHUA Establish Joint Venture to Co-Develop Halogen-Free Flame Retardants
-
China Activates Blocking Rules in Response to U.S. Sanctions on Petrochemical Firms
-
Novo Nordisk to Undergo Major Restructuring, Cutting 9,000 Jobs Worldwide
-
Akzo Nobel and Axalta Announce a $25 Billion Merger Deal
-
ExxonMobil Shuts Another Singapore Facility: The Global Petrochemical Shake-Up Leaves No Easy Winners
-
Evonik Restructures Strategic R&D and Aims to Move Projects into Application Within Five Years
-
Lilly’s Indiana Investment Puts API Capacity at the Center of Obesity Drug Competition
-
BASF’s Price Increase Shows Pharma Excipients Are Still Exposed to Chemical Cost Pressure
-
Syngenta’s VIRESTINA Targets Resistant Weeds as Herbicide Innovation Regains Urgency
Recommend Reading
-
After Two Price Hikes in One Week, Dow Has Fully Exposed the Most Sensitive Nerve in Europe’s Polyurethane Market
-
Argentina’s GHS Pesticide Label Rules Raise the Compliance Bar for Agrochemical Exports
-
Cyclohexane Explained: Properties, Uses & Differences from Cyclohexene
-
Argentina’s GHS Pesticide Label Rules Raise the Compliance Bar for Agrochemical Exports
-
Brazil’s Pesticide Registration Momentum Keeps Latin America at the Center of Agrochemical Competition
-
Insufficient Demand for Cyclohexane in China, Weak Market Situation Persists
-
Supply Contraction Meets Weak Consumption—PCs Consolidate in Early May
-
Coke market prices show strong performance in China
-
Market Game: Formic Acid Prices May Rise
-
China's acetone export volume continued to grow from January to July 2025