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Tuesday, 24 September 2019
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Markets & companies, Coatings market

Nippon Paint kicks off construction of new plant in Vietnam

Friday, 21 June 2013

Nippon Paint will produce industrial paint for automobiles and motorcycles, heavy duty coatings, decorative paint, marine coatings and resin at its new site.

Nippon Paint expects to finish the first phase of the plant and start operation in February next year. VRD - Fotolia.com

Nippon Paint expects to finish the first phase of the plant and start operation in February next year. VRD - Fotolia.com

Nippon Paint has begun construction of its new factory in northern Vinh Phuc province in Vietnam. The third and largest factory of the company in the country will produce industrial paint for automobiles and motorcycles, heavy duty coatings, decorative paint, marine coatings and resin. Covering a 60,000 square meter area in Ba Thien II Industrial Zone, the plant has registered investment capital of USD 14 million for the next five years, planning to add up to 500 new jobs. The paint and coatings producer expects to finish the first phase of the plant and start operation in February next year.

Nippon Paint has had a presence in Vietnam since 1994 through its first facility in Bien Hoa Industrial Zone II in the southern province of Dong Nai, followed by the opening of its second facility in 2006 in Ha Noi's Quang Minh Industrial Zone.  

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