Hempel continues to invest in the Chinese market and innovation
Today, global coatings manufacturer Hempel celebrated a significant milestone in China when it held a groundbreaking ceremony for a new factory in Zhangjigang.
With an annual production capacity of 200,000 tons, Hempel’s new factory in Yangtze International Chemical Industrial Park in Zhangjigang 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.
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 Zhangjigang 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 Zhangjigang gives us the opportunity to further develop innovative and sustainable solutions for customers in our region.”
Facts about the new Hempel factory
- Location: Yangtze International Chemical Industrial Park, Zhangjiagang City, Jiangsu Province, China
- Investment: USD 170 million
- Size of land: 136,000 m2
- Production capacity: 200,000 tons per year
- Coating types: high-solids, solvent-free, waterborne, antifouling
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Contact
For any further information, questions or comments, please contact:
Sandra Baekby-Hansen, Communication Manager
Email: sabae@hempel.com
Phone: +45 21 37 29 85
About Hempel
As a world-leading supplier of trusted coating solutions, Hempel is a global company with strong values, working with customers in the decorative, marine, infrastructure and energy industries. Hempel factories, R&D centres and stock points are established in every region.
Across the globe, Hempel’s paints and coatings can be found in almost every country of the world. They protect and beautify buildings, infrastructure and other assets, and play an essential role in our customers’ businesses. They help minimise maintenance costs, improve aesthetics and increase energy efficiency.
At Hempel, our purpose is to shape a brighter future with sustainable coating solutions. We firmly believe that we will succeed as a business only if we place sustainability at our heart. Not only is it the right thing to do, it will strengthen our competitive position, make ourselves more resilient and reduce our risk.
Hempel was founded in Copenhagen, Denmark in 1915. It is majority owned by the Hempel Foundation, which ensures a solid economic base for the Hempel Group and supports cultural, social, humanitarian and scientific purposes around the world.
