2017 China's domestic market continued high production of paint, only in January and in February the domestic new paint production capacity has reached about 2000000 tons.
It is reported that in the two months before this year, many domestic paint project put into production, which has been put into operation, has started construction, has contracted, Environmental Protection Bureau in the coating project, investment enterprises involving foreign enterprises PPG, Nippon, changrunfa, AKZO NOBEL, Xuan Wei, Ai Shide, Jin Gang chemical, and three tree, Chen Yang, Oriental Yuhong (002271), badeshi, Maydos and other Chinese coatings enterprises.
So far, the project put into operation in 2017 include: Nippon Paint Industry (Shanghai) a total investment of about 560 million yuan, with an annual output of 40 thousand tons and 40 thousand tons of industrial coatings resin project; a total investment of 11 million euros AKZO NOBEL powder coating factory in Chengdu; Chen Yang water paint a total investment of 750 million yuan, an annual output of 125 thousand tons of water paint project.
Among them, the project started including: Nippon Paint (Jiangsu) a total investment of 625 million 167 thousand yuan, an annual output of 100 thousand tons of paint project; the Sherwin Williams a total investment of 650 million yuan, with an annual output of 79 thousand tons of high quality coating; Bao Chun new building materials (Tianjin) a total investment of 1 billion 500 million yuan, an annual output of 150 thousand tons of water paint project; Yang Rui Jiangsu new materials a total investment of 500 million yuan, an annual output of 70 thousand tons of functional coating project; dongfangyuhong investment 1 billion yuan, an annual output of 150 thousand tons of polyurethane polyurea coating project, etc..
In addition, the planned construction projects include: PPG coatings (Zhangjiagang) investment 516 million yuan, an annual output of 145 thousand tons of high quality coating and water-based paint factory in Tianjin PPG three phase of the construction project; three tree expansion of an annual output of 202 thousand tons of water paint project; AKZO NOBEL plans to build the world's largest powder coating factory of chemical investment projects in Changzhou, King Kong 600 million yuan, an annual output of 70 thousand tons of car paint and industrial paint project; changrunfa & Nippon an annual output of 20 thousand tons of water paint project; Alfa Jiangsu new material with an annual output of 100 thousand tons of waterproof coating project, etc..
According to the forecast, the high capacity coatings market in 2017 the first two months of this year, the paint industry are only the beginning of flowers in full bloom, with the future market demand gradually increase of coating, the domestic paint will continue high.