allnex is celebrating the mechanical completion of the production lines of its new manufacturing site in Dushan Port, Jiaxing, China.
allnex announced the mechanical completion of production lines of the new Jiaxing manufacturing hub in Dushan Port, China, and also 2 million man-hours of safe project execution.
The new production base, which was conceived as a new world-class production base of environmentally-friendly high-performance resins, is located in the Dushan Port Economic Development Zone in Pinghu City, Jiaxing, Zhejiang Province, covering an area of about 100,000 square meters. With a total investment of about US $ 200 million, the new production base will strictly abide by world-class environmental protection standards.
“China has implemented stringent environmental protection laws and regulations, leading industrial facilities to upgrade with novel automation and technological standards, while new infrastructure construction continues to accelerate in the country. All these factors contribute to an increasing demand for environmentally friendly, high-performance resins by Chinese customers. With the support of the local authorities, allnex has been rapidly pushing forward the construction of the new world-class facility, which will have allnex’s largest single site production capacity, the broadest portfolio of product technologies, as well as our most advanced manufacturing technology", says Joe Zou, Senior Vice President of allnex Greater China.
The Jiaxing Manufacturing site’s current design will have a total of 15 production lines and is expected to enter into operation in stages within this year.
“Our new site in Dushan Port will catapult our presence in China to a completely new dimension and play a pivotal role in achieving our strategic goal of doubling our presence in the country by 2026, thus reinforcing our position as the global market leader in industrial coating resins. This new base is therefore testimony to our ambition to keep growing and supporting the fast-growing Chinese market for industrial coating resins, which is also the world’s largest, especially at a crucial moment where green transitioning requires new innovative and local solutions to serve sectors such as the automotive, construction, industrial equipment, packaging and rail transportation industries”, says Miguel Mantas, allnex CEO.
“I have witnessed this site evolve from an empty plot of land into what it is today. I am extremely proud of all my colleagues who have been participating in this fantastic project, and I thank everyone for their excellent efforts, collaboration and hard work. At the same time, I also want to thank the leaders in Jiaxing, Pinghu City, and the Dushan Port Economic Development Zone for their continued collaboration and support throughout this project”, added Joe Zou, Senior Vice President of allnex Greater China.