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Home > News > Paint & Coating News > The total investment is 440 million! The waterborne coating project with an annual output of 160,000 tons started in Texas

The total investment is 440 million! The waterborne coating project with an annual output of 160,000 tons started in Texas

soutuliao 2022-12-14

Recently, Dezhou City held a centralized groundbreaking ceremony for key projects in the fourth quarter of 2022. In this event, Dezhou City concentrated on 187 projects, with a total investment of 91.9 billion yuan, and an annual planned investment of 12.6 billion yuan, covering key areas such as industrial development, social livelihood, and infrastructure. Manbao (Shandong) Waterproof Technology Co., Ltd. waterproof headquarters production base project is also among them.

 

It is understood that the waterproof headquarters production base project of Manbaoli (Shandong) Waterproof Technology Co., Ltd. is located in Yucheng Chemical Industrial Park, Dezhou City, covering an area of 110 acres, with a total planned investment of 440 million yuan, mainly producing and developing new waterproof materials.

 

The project construction period is three years, construction will start in late October 2022, and the project completion and acceptance is expected to be completed in December 2025. The first phase mainly builds production workshops, warehouses, R&D centers, waterproof science and technology museums, etc., installs 7 new waterproof material production lines, and has a production capacity of 160,000 tons of waterborne coatings, 6 million square meters of polymer membrane, and 20 million square meters of modified waterproof membrane after completion; The second phase is mainly built for the synthesis of polymer latex workshop and color waterborne coating workshop, with a production capacity of 160,000 tons of new materials and 60,000 tons of polymer latex. After the project reaches full production, it is expected to achieve sales revenue of 4.35 billion yuan, expected profit of 855 million yuan, tax revenue of 214 million yuan, and employment of more than 300 people.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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