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Home > News > Paint & Coating News > 210 million! The paint giant is investing in the area in China

210 million! The paint giant is investing in the area in China

中外涂料网 2023-06-02

Recently, PPG's Electric Vehicles and Intelligent Mobility Innovation and Application Center (BPAC) in Tianjin, China was officially inaugurated and put into use. With a total investment of $30 million, the project aims to showcase PPG's innovative technologies, materials and system solutions in electric vehicle power batteries to help customers accelerate the development of new electric vehicle technologies.

"PPG Electric Vehicle and Intelligent Mobility Innovation and Application Center is another important milestone in our development in China, supporting Chinese customers in electric vehicle power battery innovation." "The center will be an important way for customers to validate our customizable paint solutions that can help them reduce application costs, improve battery life, range and charging speed, and ensure occupant safety," said Vincent Robi, PPG's vice president of Global Automotive Coatings.

As the world's leading coatings company, PPG has always been committed to building Bridges between the development of innovative products and customer application needs. With the rapid development of the global new energy vehicle industry today, PPG invested 210 million yuan to build the world's first electric vehicle and intelligent mobility innovation and application center in Tianjin, based on China and serving the world.

The innovative application center showcases PPG's one-stop solution for battery coatings, supporting the application testing of a variety of PPG technologies, including powder, fire prevention, insulation, adhesives and sealants, surface pretreatment and electrophoresis technology, and adopts modular design, enabling independent projects in each technology application field to be completed at the same time. This flexibility will help PPG's new and existing customers accelerate the development of innovative materials and process solutions.

With global climate change and increasing energy demand, new energy has become the mainstream development trend. How to achieve rapid development in this field, PPG automotive coatings Asia Pacific Vice president Li Nianbin believes that coating enterprises should change the traditional way of thinking, traditional business habits, further development and development of business strategy and product strategy, to meet the needs of the future new energy market.

"The establishment of PPG's Innovation and Application Center for Electric Vehicles and Intelligent Mobility fully demonstrates PPG's investment in research, development and application technology in the field of electric vehicles. We hope that through this investment, we can accelerate the rapid iteration of new products and new technologies in the industry and promote the sustainable development of the industry." "We are committed to developing innovative applications of sustainable products, advanced technologies and value-added solutions for our customers in the Chinese market. At the same time, the investment also plays a role in promoting the introduction of local talent in Tianjin."

"As PPG celebrates its 140th anniversary this year, this investment represents another important milestone in our development in China. With the booming development of new energy vehicles, PPG is increasing its investment in China and enabling industry transformation through leading products and solutions." PPG Asia Pacific corporate communications and government affairs general manager Yan Caiming said.

As one of the first global chemical companies to invest in China in the late 1980s, PPG's annual net sales in 2022 were approximately $17.7 billion. The company manufactures and sells aviation materials, automotive coatings, industrial coatings, packaging coatings, architectural coatings, automotive repair coatings, light industrial coatings, industrial protection and Marine coatings, and specialty materials in China. With a wide range of innovative products, PPG provides customers with new solutions that help them achieve business success.

Innovation has always been the perpetual motion machine for the sustainable development of enterprises. In the face of the overall acceleration of the survival of the fittest in the industry, only through technological innovation and adjustment, improve product core technology, stimulate the vitality of technological innovation, to forge a strong immunity and comprehensive strength advantage, break through the trend.

We believe that with the "PPG Electric Vehicle and Intelligent Mobility Innovation Application Center" put into use, PPG will continue to innovate, play a leading position in the field of automotive coatings, and provide more diversified coating solutions for customers in China and even more countries and regions.

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

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