Air Freight News

Hempel continues to invest in the Chinese market and innovation

Sep 22, 2020

Global coatings manufacturer Hempel celebrated a significant milestone in China when it held a groundbreaking ceremony for a new factory in Zhangjiagang. 

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

Aerial view of Hempel Zhangjiagang
Aerial view of Hempel Zhangjiagang

A groundbreaking ceremony was held at the site today, 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 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.

Hempel also opened a new R&D facility in Zhangjiagang today. 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 Zhangjiagang gives us the opportunity to further develop innovative and sustainable solutions for customers in our region.” 

Similar Stories

https://www.ajot.com/images/uploads/article/Brian-OravecChief-Investment-Officer_Realterm.png
Brian Oravec appointed as Chief Investment Officer, Asia Pacific at Realterm
View Article
https://www.ajot.com/images/uploads/article/methamphetamine.jpg
CBP intercepts over $30 million in methamphetamine at the Pharr International Bridge
View Article
https://www.ajot.com/images/uploads/article/DREW_%28new%29.JPG
WTCA Forum 2024 in New York underscores importance of international collaboration
View Article
ACD celebrates 2024 Annual Meeting in La Quinta, California

Today, the Alliance for Chemical Distribution (ACD) welcomed 666 members and industry leaders for its highly anticipated 2024 Annual Meeting held in La Quinta, California.

View Article
Holiday spending still on track for steady growth amid ‘mixed signals’ in recent jobs and GDP data

The National Retail Federation still expects steady sales growth for the winter holiday season despite contradictions in the latest economic indicators, NRF Chief Economist Jack Kleinhenz said today.

View Article
Trump Presidency will reignite US-China trade war and threaten a spike in ocean container shipping markets / Xeneta

Donald Trump’s victory in the US Presidential Election is ‘a step in the wrong direction’ for international trade as importers fear another spike in ocean container shipping freight rates.

View Article