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AkzoNobel has started production at its fourth and largest decorative paints plant in China. The new plant in Chengdu is part of AkzoNobel’s US $57.2 million investment plan to build manufacturing facilities for both powder coatings and decorative paints. Construction on the plant – which will manufacture AkzoNobel's full range of decorative paint offerings – began in 2014 and it is expected to be fully operational by next year.
Rapid urbanisation in China has meant an increased demand for paints and coatings, and AkzoNobel’s new plant is a response to this demand. With three other decorative paints production plants in Guangzhou, Shanghai and Langfang that cover the southern, eastern and northern regions of the country, the Chengdu site will extend their reach to southwestern and northwestern regions.
Find out more about China’s paints and coatings market at the CMT’s 16th Asia Coatings Market on 4-5 August in Bangkok.
In China, the government’s push towards environmentally friendly coatings with low VOC or zero VOC will outpace the whole coatings industry’s development. According to China’s National Coatings Industry Association, by 2020, 57 per cent of China’s total coating output will be eco-friendly. It is reported that the waterborne coatings market is expected to reach $75 billion by 2020; in Asia, demand for waterborne coatings has been increasing as automobile manufacturers Toyota, Honda, and Hyundai have started applying water-based systems in their new product lines. Powder coatings are also expected to make continued headway.
More about the impact of VOC tax and environmental regulations on coatings market in China & Asia, plus prospects of powder coatings, will be discussed in Bangkok at the 16th Asia Coatings Markets summit this 4-5 Aug 2016. Some of the key sessions and speakers to be featured include:
The summit will also highlight trends in marine, automotive, industrial and architectural coatings as well as presents insights from Arup, Orr & Boss, Nipsea Technologies Pte Ltd (Nippon Group), AkzoNobel, United Paint Group, Beckers Group, Sherwin Williams, SKSHU Paint Co. Ltd, Chugoku Paint, CIMB Thailand, BASF, TOA Paint, Sheenlac Paints Ltd.
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In alignment with China’s endeavour to use VOC-free coatings as a definite move towards sustainability, paints and coatings manufacturer AkzoNobel, along with Chinese automaker JAC Motors, have pioneered the first use of VOC-free powder technology for automotive body coatings. Using powder coatings is a sustainable way of streamlining auto manufacturing equipment and processes, and ensures higher efficiency and fewer emissions.
As sustainability continues to gain increasing importance in China, JAC has been using the VOC-free powder on SLX truck bodies at their site in Mengcheng. The high-performance powder, which offers benefits such as minimising resource wastage and environmental pollution, allows Chinese automakers to meet new coatings standards and represents a major technological breakthrough in the coatings sector.
Given the successful use of the VOC-free body coatings, JAC is already planning its second powder coating line.
Learn more about sustainable coatings at CMT’s 16th Asia Coatings Markets on 4-5 August, 2016 in Bangkok.