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Saturday, 31 October 2020
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Markets & companies, Coatings market

Hempel continues to invest in the Chinese market

Friday, 25 September 2020

Hempel has held a groundbreaking ceremony for a new factory in Zhangjigang, China.

An aerial view of Hempel's new Zhangjiagang factory. Image source: Hempel.

An aerial view of Hempel's new Zhangjiagang factory. Image source: Hempel.

With an annual production capacity of 200,000 tons, Hempel’s new factory in Yangtze International Chemical Industrial Park in Zhangjigang is supposed to become the company’s largest production site in the region. It will be inaugurated in 2022, replacing Hempel’s existing production facilities in Kunshan.

The groundbreaking ceremony was led by Michael Mei, Group Vice President of Hempel in North Asia. "China is a growing market for Hempel that will continue to grow in the coming years. This is our second groundbreaking ceremony for a new factory in China in 2020 – a combined investment of USD 270 million (EUR 231 million) that will expand our total production capacity in China significantly. I’m very proud to be part of a company that is so clearly committed to the region,” he says.

New R&D facility in Zhangjigang

Hempel has also opened a new R&D facility in Zhangjigang. The company has a network of 15 R&D centres across the globe. The new facility replaces its existing R&D centre in Kunshan and will be a hub for the development of sustainable coating solutions aimed at customers in China. Michael Mei comments: "At Hempel, we have a very strong focus on sustainability. We are investing in knowledge and technology so we can meet the ever-growing need for sustainable coating solutions. Our new R&D facility Zhangjigang gives us the opportunity to further develop innovative and sustainable solutions for customers in our region.”

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