Axalta Coating Systems are to construct a manufacturing plant for high-performance automobile, commercial vehicle and industrial coatings in Nanjing, China.
The facility will be built on more than 170,000sq m of land located at Nanjing’s National Chemical Industrial Park (NCIP) and is expected to be fully operational by the end of 2020.
The facility will manufacture a broad range of Axalta products, including primers, basecoats, clearcoats and resin intermediates. It will also produce Axalta’s Aquaec line of electrocoats and Voltatex family of energy solutions coatings. The Nanjing plant will eventually be Axalta’s third largest global operations centre.
Zhu Yuanshen, deputy director of the Nanjing Chemical Industrial Park Management Committee, said: “we believe that as a leading global coatings supplier, Axalta can bring its state-of-the-art manufacturing technology into its new production base, and produce environmentally responsible high-performance coatings so as to support and contribute to the local economy and to the sustainable development of china’s automotive enterprises.”
“We are very grateful for the excellent cooperation and guidance provided by the authorities in Nanjing who are helping to turn our vision into reality,” noted Luke Lu, Axalta vice president and president of Axalta in greater China. “We look forward to continued opportunities to grow in China.
We anticipate allocating between $100 and $150 million over the next three to five years toward the Nanjing project pending obtaining approvals internally and by the government and local authorities.”