# Zhanchen to build 150,000-tonne eco-coating plant in Taixing, Jiangsu

Zhanchen New Materials Group signed an agreement with the Taixing Economic Development Zone to build a 150,000-tonne annual capacity eco-friendly coating production base in Taixing, Jiangsu. The project involves an investment of CNY 600 million and is expected to start in 2018.

- Type: New facility
- Announced: 2017-10-28
- Where: Taixing Economic Development Zone, Jiangsu, China
- Value: $90.0M (600.0M CNY)
- Status: announced
- Capacity: 150,000 tonnes per year
- Products: furniture coatings, decorative coatings, architectural coatings, industrial coatings, waterborne coatings, high-solids coatings, UV coatings, powder coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Zhanchen New Materials Group](https://endata.com/companies/27619.md)

## Sources

- [27580.cn](https://www.27580.cn/news/14336.html), 2017-10-29: "展辰年产15万吨环保涂料项目正式落户泰兴经济开发区"

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