The total investment is 320 million yuan! The paint project with an annual output of 100,000 tons was put into operation in Nanyang
On November 18, Henan Wolong Coating Technology Co., Ltd., located in Nanyang Guanzhuang Advanced Manufacturing Development Zone, held a kick-off ceremony for the 100,000-ton paint production line project, announcing that it was officially put into production.
The project was signed on January 6 this year, and construction officially started on April 27. The total investment of the project is 320 million yuan, the project covers an area of 100 acres, and mainly builds a coating production line with an annual output of 100,000 tons. After the completion of the project, the annual output is 50,000 tons of waterborne coatings, 40,000 tons of high-solids coatings, 10,000 tons of powder coatings, 33,500 tons of high-solids alkyd resin, and 02,500 tons of acrylic resin, with a total annual output of 100,000 tons of coatings and 36,000 tons of resin. After the project is fully completed and put into operation, it will achieve an output value of more than 580 million yuan, profits and taxes of 30 million yuan, and 300 new jobs.
Zeng Lingbo, general manager of Henan Wolong Coating Technology Co., Ltd., said that the strong support and help of the leaders and departments at all levels in the Guanzhuang Construction Area has created a good business environment for the project construction, allowing the company to devote itself to the project construction and achieving the overall goal of "starting construction in the same year, completing in the same year, putting into production in the same year, and entering the regulations in the same year".
Nanyang Wolong Paint Industry Co., Ltd. is a private enterprise established in 2011 by the restructuring of Nanyang Paint Chemical Factory. The company is a national second-class enterprise, the president unit of Henan Coatings Industry Association, the eighth director unit of China Coatings Association, a provincial advanced enterprise in light industry, passed ISO9001:2008 international quality system certification, won the famous trademark of Henan Province, and the products won the title of provincial high-quality products.
Wolong paint industry has strong technical force, with 68 professional and technical personnel, advanced production equipment, complete experimental and testing facilities, is the Nanyang Science and Technology Commission waterborne environmental protection coating engineering technology research center base. The company specializes in the production of coatings for more than 40 years, mainly producing alkyd blending paint, anti-rust paint, alkyd magnetic paint, polyurethane paint, nitro paint, hammer paint, universal glue, industrial anti-corrosion 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, more than 400 counties and cities in China, exported to Russia, Kazakhstan and other countries.
Looking for chemical products? Let suppliers reach out to you!
2026-05-30
-
Paint & Coating Industry Overview Mar.2025
This issue provides analysis of the European and German coatings markets, as well as the latest monthly reports and price trends of coatings-related chemical raw materials. Support online permanent download.Published in: Mar.2025
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
-
Klil Expands Its Business: Builds An Advanced And Innovative Coating Plant
-
Vietnam Successfully Researched Nano-Heat-Insulating Reflective Coatings
-
BASF Expands and Upgrades Coating Defoamer Unit at Turkish Plant
-
Middle East Coatings Show 2024——The Largest Gathering for the Coatings Community in the Mena Region
-
PPG’s new paint for a new start initiative to decorate schools worldwide with colorful makeovers
-
Important Things to Know About the Chemicals That Are in Paint
-
Axalta released 2023 car paint annual color
-
With an investment of 17.6 billion yuan, Wanhua Chemical plans to build ethylene and downstream projects
-
With an investment of 600 million yuan, 180,000 tons of adhesive project was put into production
-
China丨Qianjiang Biochemical plans to establish a wholly-owned subsidiary with ¥350 million investment
Recommend Reading
-
Japan’s Three Major Chemical Companies Join Forces to Weather Challenges in the Plastics Industry
-
LyondellBasell Expands Laboratory Capabilities at Suzhou Technology Center
-
Arkema Divests PVC Additives Business to Focus Resources on High-Performance Materials Market
-
WACKER’s 2025 Loss Reaches €805 Million as the PACE Cost-Cutting Plan Becomes the Key Variable for 2026
-
Global Butadiene Market Faces Heavy Headwinds as Supply Surge Outpaces Demand
-
February Butadiene Rubber Market Trend Weakly Fluctuates in China
-
In the Fourth Quarter, China's Phenol Market Declined Significantly, Reaching a Five-Year Low
-
In December, the ammonium sulfate market in China showed a weak downward trend
-
Business Society: China’s Bisphenol A Market Stops Falling and Starts Rising in December
-
Will 2026 Bring a Turnaround After DMF Prices Hit Bottom in 2025 in China?