An investment of 426 million! Zhejiang color Emperor high performance coating project officially started!

On May 30, the opening ceremony of high performance coating project of Zhejiang Caihuang Fine Chemical Co., Ltd. was held in Dushan Port Economic Development Zone, adding strong momentum to Pinghu chemical industry.

It is reported that the total investment of the project is 60 million US dollars (about 426 million yuan), the investment of fixed assets is 226 million yuan, the production workshop and supporting housing of about 19,000 square meters. After the completion of the project, it is expected to achieve annual sales revenue of 230 million yuan and tax revenue of 25.66 million yuan.

Founded in June 2017, Zhejiang Caihuang Fine Chemical Co., Ltd. is a leading research, development and manufacturer of high-performance coatings and special ink series in the global industry. It is the fifth wholly-owned overseas subsidiary of Imperial Ink Manufacturing Co., LTD. Zhejiang Ceihuang Fine Chemical Co., Ltd. will become the main manufacturing base of Imperial Ink Group, providing high quality, environmental protection products and technical solutions for domestic and foreign customers including Apple, BYD, Toyota, Honda, Panasonic, Haier, Midea and other world famous enterprises.