Yesterday, Nippon Paints (Shanghai) Co., Ltd. (hereinafter referred to as Nippon) signed a contract with Shanghai Jinshan District Government and will establish a new production base in Shanghai Jingshan District Fine Chemical Industry Park. The nearly 400 million yuan investment base will be built into China's largest industrial paint production plant, and the base will also become the headquarters of Nippon Industrial Coatings (Shanghai) Co., Ltd.
The new base's products will be mainly concentrated in general industrial coatings, coil coatings and electrophoretic coatings. After the project is put into operation, the base will have an annual production capacity of 200,000 tons of industrial coatings and resin production scale, becoming the first in the Chinese paint industry's Chinese market.
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