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Zhuhai Zhanchen New Materials Co., Ltd. won multiple framework agreement bids from Sinopec Shanghai Petrochemical Co., Ltd. for waterborne industrial coatings, common paints, architectural coatings, and solvent-free paints, totaling approximately 405 million yuan.
Zhuhai Zhanchen New Materials Co., Ltd. plans to invest CNY 103.36 million to build a new 30,000-tonne-per-year adhesive production facility, to be built in two phases. The project will produce PUR hot melt adhesives, EVA hot melt adhesives, and water-based adhesives.
| Site | Largest | Latest |
|---|---|---|
| China | $14.3M | 2024-02-23 |