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Jotun Invests USD 330 Million to Establish New High-Performance Coatings Plant and R&D Center in Zhangjiagang
Source:China Composites Expo
2025-12-31 11:31:08
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原文:http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16933.htmlOn December 2, Jotun Group signed an agreement to invest a total of USD 330 million in establishing a new high-performance coatings plant and a liquid coatings R&D center in Zhangjiagang, Suzhou. The fixed-asset investment for these two projects alone exceeds USD 230 million.


The signed projects include an annual production capacity of 200,000 tons for high-performance coatings and a dedicated liquid coatings R&D center. Upon reaching full operational capacity, the Zhangjiagang production base is expected to achieve an annual output value of approximately RMB 10 billion.

Tunç Kazancıoğlu, Global Vice President of Jotun Group, stated, "Over more than two decades of development in Suzhou, Jotun has continued to expand its investment scale, driving mutual success through our cooperation. We are confident in Suzhou's future prospects and look forward to further deepening practical collaboration through these new projects, advancing sustainable development, and jointly creating a better future." 文章来源:http://shenzhen.chinacompositesexpo.com/en/news-detail-92-16933.html