Investments In China
Continue To Expand
As the paint, coatings, adhesives and sealants industries continue to grow in China so too
does the amount of investments being made there by manufacturers. Pictured above,
Henkel recently started construction for its 150,000 square-meter adhesives factory in
Shanghai Chemical Industry Park. The new facility will be the main adhesives manufacturing base in China and the Asia-Pacific region.
by Tim Wright, Editor
The paint and coatings industry has put a tremendous em- phasis on the Chinese market where the largest interna- tional paint manufacturers all have built major operations
and continue to invest there.
Chinese paints and coatings consumption reached just over
11 million tons in 2011. More than one-third of the market was
occupied by architectural coatings. This dynamic market has
continued its growth trajectory despite the global economic recession by focusing on domestic market demand in the construction, automotive, and home appliances and consumer
electronics sectors.
Hosting key events, such as the Beijing Olympic Games in
2008, Shanghai World Expo in 2010 and Guangzhou Asian
Games in 2010, China has stimulated huge amounts of invest-
ment in the country’s infrastructure. China has continued to in-
vest in infrastructure development, including new bridges, land-
mark city buildings, alternative energy facilities, nuclear
generation plants, schools, and hospitals.
www.coatingsworld.com
October 2012
