# Axalta to build $131M resin and coatings plant in Nanjing, China

Axalta Coating Systems (Nanjing) Co., Ltd., an indirect wholly-owned subsidiary of Axalta, plans to build a new production base in the Nanjing Chemical Industry Park with an annual capacity of 65,000 tons of resin and 55,000 tons of high-performance coatings. The total investment is 891 million yuan (approximately $131 million).

- Type: New facility
- Announced: 2017-04-17
- Where: Nanjing Chemical Industry Park, Changlu area, Nanjing, Jiangsu, China
- Value: $131.0M (891.0M CNY)
- Starts operating: 2020
- Status: announced
- Capacity: 65,000 tons of resin and 55,000 tons of high-performance coatings per year
- Products: resin, high-performance coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Axalta Coating Systems](https://endata.com/companies/19638.md)

## Sources

- [icoat.cc](http://www.icoat.cc/news/11032.html), 2017-04-25: "为了满足中东部和南部涂料市场日益增长的需求，提高供应的响应能力，缩短供货期并降低成本，提高市场竞争力，拟在南京化学工业园长芦片区建设年产6.5万吨树脂及5.5万吨高性能涂料项目。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.