# Banggu Chemical invests 32 million yuan to expand production capacity in Nanxiong

Guangdong Banggu Chemical Technology Co., Ltd. plans to invest 32 million yuan to build a new production line for 25,000 tons per year of water-based resins, coatings, and isobornyl (meth)acrylate at its existing site in Nanxiong, Guangdong.

- Type: Expansion
- Announced: 2023-06-13
- Where: Nanxiong, Shaoguan, Guangdong, China
- Value: $4.50M (32.0M CNY)
- Starts operating: 1 Apr 2025
- Status: announced
- Capacity: 25,000 tons per year
- Products: water-based acrylic resin, water-based acrylic coating, water-based polyurethane resin, water-based polyurethane coating, isobornyl (meth)acrylate
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Guangdong Banggu Chemical Technology Co., Ltd.](https://endata.com/companies/70807.md)

## Sources

- [sohu.com](https://www.sohu.com/a/685113525_425738), 2023-06-13: "邦固化学计划总投资3200万元新建年产25000吨水性树脂、水性涂料、（甲基）丙烯酸异冰片酯建设项目。"

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