# Hempel's 200,000 tons/year paint project approved in Zhangjiagang

The Jiangsu Development and Reform Commission approved the energy saving report for Haihong Old Man Paint (Zhangjiagang) Co., Ltd.'s project to produce 180,000 tons of high-performance coatings and 20,000 tons of waterborne coatings annually. Total investment is about $170 million, with construction period of 18 months.

- Type: Expansion
- Announced: 2022-12-19
- Where: Zhangjiagang, Jiangsu, China
- Value: $170.0M
- Status: announced
- Capacity: 200,000 tons/year
- Products: high-performance coatings, waterborne coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hempel](https://endata.com/companies/22949.md)

## Sources

- [echemi.com](https://www.echemi.com/cms/1118671.html), 2022-12-19: "Agree in principle to the energy saving report of the project."

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