# Hubei Youyi New Materials starts construction of world's largest UV-curable coating plant

Hubei Youyi New Materials Co., Ltd. has started construction of a UV-curable new materials industrial park in Yichang, Hubei Province, China. The project, with a total investment of 8 billion RMB, will produce photoinitiators, monomers, resins, and water-based UV-curable coatings. Phase I investment is 1 billion RMB.

- Type: New facility
- Announced: 2019-02-14
- Where: Yichang, Hubei Province, China
- Value: $1.19B (8.00B CNY)
- Jobs: 1,000
- Status: under construction
- Capacity: 20,000 tons photoinitiators, 80,000 tons UV-curable monomer resins, 100,000 tons water-based LED UV-curable coatings
- Products: UV-curable coatings, photoinitiators, UV-curable monomers, UV-curable resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hubei Youyi New Materials Co., Ltd.](https://endata.com/companies/37478.md)
- [Shenzhen Youwei Chemical Technology Co., Ltd.](https://endata.com/companies/37479.md) (investor)
- [Hubei Yihua Group Co., Ltd.](https://endata.com/companies/37480.md) (investor)

## Sources

- [news.cnpowder.com.cn](http://news.cnpowder.com.cn/49435.html), 2019-02-20: "光固化涂料是行业颠覆式技术革命，代表涂料行业绿色转型的未来方向。"

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