More than 20 coating projects started collectively!

Recently, Keshun Co., Ltd. issued an investment announcement. It plans to sign an investment cooperation agreement with the People’s Government of Si’an Town, Changxing County. Self-owned funds subscribed and contributed 50 million yuan to establish a wholly-owned subsidiary "Zhejiang Keshun New Materials Co., Ltd." in Changxing County, Huzhou City, Zhejiang Province as the main body of the project, with a total investment of approximately 1 billion yuan.

The announcement shows that the planned land area of the project is about 210 mu, and it will be constructed in two phases, about 160 mu in the first phase and about 50 mu in the second phase; the proposed asphalt coil is 81.6 million square meters/a, polymer 30 million square meters/a, asphalt A production line of 20,000 tons/a of paint, 20,000 tons/a of water-based paint, and 100,000 tons/a of dry mortar, and other auxiliary production facilities, office, storage and logistics facilities, etc.

By the end of the year, many companies have already started to take holidays and stop work or carry out finishing work. Although many people think that the situation this year is bleak, there are still many coating companies that continue to move forward. Nippon, Oriental Yuhong, Keshun and many other paint In the second half of the year, companies will have new or expanded projects, and some companies have actively filed projects in the local area and invested heavily in regional deployment to lay the foundation for future development.

Investment of nearly 10 billion, more than 20 coating projects started intensively

In November, the coating workshop of Dongfang Yuhong Hainan Yangpu Green Material Comprehensive Industrial Park project was successfully tested. The project has a total investment of 1 billion yuan and is carried out in two phases. The first phase is a green new material production and manufacturing base project. The planned investment is 390 million yuan. It is planned to build 27 million square meters of modified asphalt waterproofing membrane, 40,000 tons of water Ten thousand tons of asphalt paint, 100,000 tons of polycarboxylic acid water reducer project; the second phase is the green new material research and development center, the new material import and export distribution center project.

On November 5th, Yichang City held a concentrated start of major projects in November 2021. Yuan'an Yiao New Material Technology Co., Ltd. has an annual output of 4000 tons of camouflage paint project with a total investment of 360 million yuan. The construction content includes the construction of 12 camouflage paint production lines and equipment, new standardized workshops of 15,000 square meters, 500 square meters of auxiliary buildings and office buildings of 870 Square meters, 2000 square meters dormitory building, 2000 square meters storage area.

On October 28th, the signing ceremony of the investment project between Jitai and Anqing High-tech Zone Management Committee was held at the Guangzhou headquarters. The Jitai-Anqing High-tech Zone New Material Industry Base project covers an area of approximately 1,000 mu (finally subject to the actual measured area) , Will build production workshops, comprehensive buildings and supporting facilities for electronic glue, photovoltaic glue and other sealant products and water-based coating products. The project is constructed in three phases. The investment intensity of fixed assets is not less than 2 million yuan/mu, and the average output value per mu is not less than 5 million yuan/mu after reaching full capacity.

On October 26, the 80,000-ton high-solid environmental paint project of Xi’an Jingjian Paint Co., Ltd. officially started. The total investment and annual planned investment are both 110 million yuan. It is expected to be completed in August 2022. After the project is completed and put into production, the average output value per mu will be It can reach 10 million yuan, and it is currently the largest and most advanced environmental protection coating manufacturing base in central and western China.

On October 17, Nippon New Materials North China Eco-Industrial Park, located in Yuanshi Economic Development Zone, Shijiazhuang, Hebei, was officially put into operation, and construction of the second phase of the project started at the same time. The project began to negotiate in 2017. The contract was formally signed on August 8, 2019. The foundation stone of the project was laid on March 2, 2021, and the construction started on April 15, 2021. It only took six months to create a factory construction speed in the coatings industry. 

On October 10, the opening ceremony of Nippon Paint (Henan) Co., Ltd. and the commencement ceremony of the second phase of the project were held in Nanzhao County, Nanyang City, Henan; the total investment of the project is 1.2 billion yuan, covering an area of 483 acres. 400,000 tons of imitation stone paint series products, 3.5 million square meters of energy-saving thermal insulation decorative integrated panels, 2.5 million tons of new environmentally friendly thermal insulation mortar products, and 300,000 tons of environmentally friendly latex paints are expected to achieve an annual output value of 1.9 billion yuan.

On September 30, Jiangxi Tengwei New Material Technology Co., Ltd., the production project of adhesives, functional powders and fluorocarbon coatings, filed the project. The project will start in 2022 and be completed in 2024. The total investment of the project is 450 million yuan.

On September 29, Langfang Runcheng New Material Technology Co., Ltd., an environmentally friendly and resource-saving powder coating project with an annual output of 3,000 tons of low VOCs content, was filed in the Yongqing County Development and Reform Bureau.

On September 27, the construction project of Anhui Jingxiang New Material Technology Co., Ltd. with an annual output of 6934 tons of lithium capacitor cathode electronic coatings, and the construction project of Anhui Linghu Paint Co., Ltd. with an annual output of 50,000 tons of new coating materials started collectively. The total investment 2.036 billion yuan, it is estimated that the average annual sales revenue will be 4.088 billion yuan, and the annual profit and tax will be 658 million yuan.

On September 26, the first phase of Nippon New Materials (Jiangxi) Co., Ltd. officially opened, and the second phase of the project officially started. The project covers an area of 220 acres and is constructed in two phases: the first phase of investment is 1.2 billion yuan, with an annual output of 200,000 tons of new environmentally friendly imitation stone mortar, 3 million tons of new environmentally friendly special dry powder materials, and an annual output value of 1.6 billion yuan; the second phase of investment 800 million yuan, with an annual output of 200,000 tons of new environmentally friendly imitation stone mortar, 4 million tons of new environmentally friendly special dry powder materials, and 2 million square meters of new integrated thermal insulation and energy-saving decorative panels, with an annual output value of 3 billion yuan.

On September 9, Hunan Jinziyu New Material Technology Co., Ltd. started the construction of the electronic photoresist-level photosensitive new material project with an annual output of 20,000 tons and the UV curable coating project with an annual output of 50,000 tons. The project is located in Shuikoushan Economic Development Zone, Changning City, with a total investment of 500 million yuan and an area of 200 acres. The first phase of investment is 150 million yuan to build a new chemical material photosensitive monomer with an annual output of 20,000 tons. Production will be officially put into operation in December 2022; The second phase of investment is 350 million yuan, and the construction of photosensitive coatings with an annual output of 50,000 tons.

On August 20th, Weihai Decai New Material Co., Ltd., with an annual output of 20,000 tons of powder coating production project, filed for enterprise investment project in Rushan Development and Reform Bureau.

On August 13, Ningxia Jiaborui Environmental Protection Technology Group Co., Ltd. started the construction of the "150,000 tons of environmentally friendly paint/resin/solvent" project in the fine chemical industry base of Ningxia Tongxin Industrial Park. The project plans a total investment of 135 million yuan, covering an area of 110 acres. It is planned to build three production lines and supporting facilities with an annual output of 50,000 tons of environmentally friendly coatings, an annual output of 50,000 tons of synthetic resins, and 50,000 tons of environmentally friendly solvents.

On August 9, Jinhua Dayyi Plastic Powder Technology Co., Ltd., an annual output of 10,000 tons of powder coating technology transformation project, was filed in the District Economic and Commercial Bureau (District Grain and Material Reserve Bureau), with a total investment of 4 million yuan.

On August 5, Nanning Nuoran Technology Co., Ltd., with an annual output of 800 tons of plastic powder production line project, was put on record at the Development and Reform Bureau of Wuming District, Nanning City.

On August 5th, Shandong Aiyue Powder Coating Co., Ltd., with an annual output of 30,000 tons of powder coatings project, filed a corporate investment project at the Linqu County Development and Reform Bureau.

On August 3, Jinan Huajia Surface Technology Co., Ltd. established a new powder coating project with an annual output of 4,000 tons for project filing.

On August 3, Shandong Jieyu New Material Technology Co., Ltd., with an annual output of 12,000 tons of powder coatings project, filed a corporate investment project at the Linqu County Development and Reform Bureau.

On July 23, Xinjiang Xingaoli Environmental Protection Materials Co., Ltd., with an annual output of 10,500 tons of thermosetting powder coatings project, filed the project with the Fukang Development and Reform Commission.

On July 22, Shangqiu Zeen Environmental Protection Technology Co., Ltd., a thermosetting coating and plastic powder production project, filed a corporate investment project at the Development and Reform Bureau of the Urban-Rural Integration Demonstration Zone in Shangqiu City.

On July 14th, Ningbo Huacheng Powder Coating Co., Ltd., the expansion project of high-strength plastic powder production line with an annual output of 2000 tons, carried out enterprise investment (including foreign investment) project filing (technical transformation) in Cixi City Economic and Information Bureau.

On July 13, Ma'anshan Sanying New Material Technology Co., Ltd., with an annual output of 6,000 tons of plastic powder project, filed for the enterprise investment project at the Dangtu County Development and Reform Commission.

On July 8, Jinan Huajia Surface Technology Co., Ltd. expanded the project with an annual output of 8,000 tons of powder coatings and relocated the project with an annual output of 5,500 tons of powder coatings, and filed the project.

On July 2, Jinhua Wanjing Plastic Powder Co., Ltd., with an annual output of 2000 tons of plastic powder production line technical transformation project, carried out enterprise investment (including foreign investment) project filing (technical transformation) at the District Economic and Commercial Bureau. The planned start time will be July 2021 and the planned completion time will be June 2022, with a total investment of 3 million yuan.

On July 1, Shandong Caiyunlai New Material Technology Co., Ltd., with an annual output of 1,000 tons of plastic powder project, filed the project in the Development and Reform Bureau of Dongchangfu District.

According to incomplete statistics from the Paint Purchasing Network, since the second half of 2021, more than 20 paint companies have invested nearly 10 billion in new construction and expansion, involving paints, materials, powders, building materials, coils, mortars and other products. Among them, paint The project's production capacity involves more than 1.3 million tons. It is not difficult to see that in the post-epidemic era, if you want to move forward, you need strong financial strength and regional deployment capabilities to compete in the market. Therefore, high-quality leading companies in the coatings industry have been screened out, and some are not competitive. 

Industry insiders said that China's coatings industry is developing in the three directions of environmental protection, economy, and high performance. There is still a lot of room for development in the coatings market in the next few years, and the investment prospects are broad. But first, we must improve the pattern of low concentration in the industry, and we must adjust the direction to move forward in unison, and put an end to vicious competition such as price wars in the industry. For the industry, this is not only a charge of strides forward, but also a prelude to the reshuffle and reshaping of the order in the coatings industry.