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/Signal_14_1.png
Signal Ocean Spotlight: Iron Ore – Disconnect between Chinese iron ore imports and steel production widens
View Article
https://www.ajot.com/images/uploads/article/global_softwood_markets.png
Europe and Russia: A region of contrasts shaping global softwood markets
View Article
https://www.ajot.com/images/uploads/article/American_Trailer_Manufacturers_Coalition.png
American Trailer Manufacturers Coalition applauds affirmative preliminary determination from DOC in AD/CVD trade case
View Article
DOE’s Office of Critical Minerals and Energy Innovation announces $134 million to bolster rare earth element supply chains

Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.

View Article
https://www.ajot.com/images/uploads/article/Holly_McDade.jpeg
Merlo America welcomes new finance manager to support continued growth
View Article
https://www.ajot.com/images/uploads/article/Market_Intel.png
U.S.-China trade talks signal new agricultural commitments
View Article