# Dewei Coatings breaks ground on $79M production base in Tancheng, Shandong

Dewei Coatings started construction of a production and R&D base in Tancheng Economic Development Zone, Shandong, with an investment of about CNY 500 million. The facility will produce 80,000 tonnes of solvent-free marine and industrial heavy-duty anticorrosion coatings and 20,000 tonnes of solvent-based coatings for marine, wind power and other applications annually.

- Type: New facility
- Announced: 2022-03-10
- Where: Tancheng Economic Development Zone, Linyi, Shandong, China
- Value: $79.0M (500.0M CNY)
- Status: under construction
- Capacity: 80,000 tonnes of solvent-free coatings and 20,000 tonnes of solvent-based coatings per year
- Products: marine and industrial heavy-duty anticorrosion solvent-free coatings, marine and wind power solvent-based coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tianjin Dewei Coatings Chemical Co., Ltd.](https://endata.com/companies/61533.md)

## Sources

- [schcnc.com](http://www.schcnc.com/news/814619/), 2022-03-10: "德威涂料项目正式落户山东郯城经济开发区"

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