300 Million CNY Investment, China's Paint Project with Output of 30,000 T/Y Is About to Be Put into Production

Guangxi Heli Paint Co., Ltd., located in Qintang New Materials Technology Park, is currently in the construction stage. The main construction of 24 individual buildings has been completed. The next step will be to focus on the construction of paint workshop two and paint workshop three. It is expected that the installation of mechanical equipment and construction of supporting facilities will begin from the end of December 2023 to January 2024, and the project will be put into production in June 2024.

The new factory will then have a comprehensive office building, R&D building, resin workshop, paint workshop, canning workshop, warehouse, raw material tank area, and supporting construction, a total of 26 building units.

It is understood that Guangxi Heli Paint Co., Ltd. covers an area of 147 acres, with a total project investment of 300 million CNY. After the project is completed, it will become the largest automated intelligent production base of the same type in Guangxi and is expected to have an annual output of 50,000 tons of new synthetic resins and 30,000 tons of new paints, with an annual output value of more than 700 million CNY and annual tax revenue of around 30 million CNY.