# Covestro to invest CNY 200M in waterborne coating line in Foshan

Covestro's Chinese subsidiary, Covestro Resin Manufacturing (Foshan) Co., Ltd., signed an agreement to add a waterborne environmentally friendly coating production line at its existing site in Shunde, Foshan, with an investment of 200 million yuan. The expansion aims to meet growing demand and reduce reliance on European imports.

- Type: Expansion
- Announced: 2025-02-25
- Where: Shunde, Foshan, Guangdong, China
- Value: $27.7M (200.0M CNY)
- Status: announced
- Products: waterborne environmentally friendly coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Covestro](https://endata.com/companies/1705.md)
- [Covestro Resin Manufacturing (Foshan) Co., Ltd.](https://endata.com/companies/83148.md)

## Sources

- [content.foshanplus.com](https://content.foshanplus.com/newsDetails.html?newsId=300215569), 2025-02-25: "该项目计划利用科思创佛山顺德工厂现有场地，新增水性环保涂料生产线，预计投资额2亿元人民币。"
- [chemnews.com.cn](https://www.chemnews.com.cn/c/2025-03-03/753557.shtml), 2025-03-03: "计划在顺德现有生产基地投资不低于2亿元人民币，新增一条水性环保涂料生产线"

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