# Three Trees and Hubei Dayu plan new coating and waterproof material projects in Yingcheng

Three Trees plans to invest 200-300 million yuan to build a new building materials production project in Hubei Yingcheng Economic Development Zone, and its subsidiary Hubei Dayu plans to invest 150-250 million yuan to expand waterproof material production, both with a 24-month construction period.

- Type: Investment
- Announced: 2020-08-11
- Where: Yingcheng, Hubei, China
- Value: $72.0M (500.0M CNY)
- Starts operating: 2022
- Status: announced
- Products: building materials, paint, waterproof materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Three Trees](https://endata.com/companies/49133.md)
- [Hubei Dayu](https://endata.com/companies/49134.md) (partner)

## Sources

- [echemi.com](https://www.echemi.com/cms/114553.html), 2020-08-14: "公司计划投资人民币2-3亿元在湖北应城经济开发区东城工业园建设新型建材（含涂料）生产及配套项目。"

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