Axalta Expands Waterborne Coatings Capacity in China
SHANGHAI – Axalta Coating Systems, Philadelphia, broke ground on a new $50 million eco-friendly waterborne coatings facility in the Jiading district of Shanghai on January 10. At a ceremony attended by dignitaries from the region, Axalta Chairman and CEO Charlie Shaver officially ushered in a new phase in the company’s commitment to the automobile industry in China.
Expected to begin production in 2015, Axalta’s Shanghai waterborne facility will manufacture and supply up to 25,000 metric tons of the company’s waterborne products. Axalta’s technological leadership in waterborne coatings and expanded capacity for waterborne production will support the long-term growth of an automotive industry that is extending into the southern and western areas of the country. Both Axalta products and the manufacturing facility itself will contribute to the overall sustainable development of China’s automotive industry.