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Nippon Paint (through its subsidiary Nippon Investment Co.) signed an agreement to build a new materials production base in Yongxiu County, Jiangxi Province, with a total investment of CNY 2 billion (approx. USD 280 million). The plant will be built in two phases over three years, producing 200,000 tons of imitation stone mortar and 3 million tons of specialty dry powder in Phase I, and additional capacity in Phase II.
“项目将按照“智能制造、工业4.0”理念,全力加快项目建设,打造智能化,绿色涂料标杆工厂”jx.cnr.cn
Summarized from public sources; check the original articles before acting on it.