TAGS: Automotive Coatings Sustainability / Natural Coatings Plastic Coatings
Axalta broke ground for construction of a state-of-the-art coatings facility in Jilin City, Jilin Province, North China. The 46,000-square-meter new plant will produce mobility coatings to support growing customer demand in China for light vehicles, commercial vehicles, and automotive plastic components.
Growth Strategy for Mobility Business in China
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Our new plant in Jilin is another building block supporting our ambitious growth strategy for our mobility business in China," said Nicolas Franc de Ferrière, Vice President, Mobility, Asia Pacific at Axalta.
As the largest and one of the fastest growing automotive markets in the world, China is a key growth driver for Axalta and its Global Mobility business unit. The new plant is scheduled to open in 2023 and will mainly produce basecoats, primers, and clearcoats used in Axalta's eco-friendly processes such as high solids technology. Formulated to reduce VOC emissions, high solids coatings can help lower environmental impact while
providing superior finishes and improved productivity for automotive OEMs.
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With this new investment in the province, we are further committing to our customers in China while supporting our ambitious growth plans in Asia," said Hadi Awada, senior vice president of Axalta's mobility business.
Since entering the Chinese market, Axalta has remained committed to promoting growth by increasing investment, emphasizing innovation and sustainability, and focusing on customers to help China build a sustainable and prosperous future.
The Jilin plant marks another noteworthy achievement for Axalta in pursuit of its growth objectives in China. In what continues to be an exemplary year for the leading global coatings company, Axalta has announced a variety of significant accomplishments in 2021, including the expansion of a waterborne coatings plant in Shanghai, the opening of a new Refinish Training Center in Guangzhou, and the acquisition of a leading Chinese producer of high-quality wire enamels.
Source: Axalta