# Guangdong Golden Phoenix Chemical to build $21M coatings and resins plant in Yunfu

Guangdong Golden Phoenix Chemical Coatings Co., Ltd. is building a new plant in Yunfu, Guangdong, with an annual capacity of 60,000 tons of synthetic resins, coatings, inks, adhesives and thinners. Total investment is 150 million yuan ($21 million).

- Type: New facility
- Announced: 2023-08-21
- Where: Dawan Town, Yunan County, Yunfu City, Guangdong Province, China
- Value: $21.0M (150.0M CNY)
- Jobs: 50
- Status: announced
- Capacity: 60,000 tons/year
- Products: synthetic resins, coatings, inks, adhesives, paint thinners
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Guangdong Golden Phoenix Chemical Coatings](https://endata.com/companies/72147.md)

## Sources

- [51dmapa.com](https://www.51dmapa.com/invest-150-million-yuan-60-000-tons-year-of-coatings-adhesives-and-other-projects-are-about-to-start/), 2023-08-21: "the project takes the good development of the resin, paint, ink and adhesive market as an opportunity, with a total investment of 150 million yuan."

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