Nippon Paint set up a plant in Guangzhou
the foundation laying ceremony of Nippon Paint with an investment of 12.5 million US dollars was held in Guangzhou Development Zone on May 21. After the plant is completed and put into operation, the annual production capacity will reach 100000 tons to avoid inclination and eccentricity
since Nippon coatings entered China in 1992, its total investment in China has reached 100million US dollars. Nippon has allowed operators to have a larger scope of use in China's paint market, with a market share of 7% and 20% - 30% in some central cities. The new plant built in Guangda 24999.24 yuan/ton state will be the most advanced paint manufacturer in China at present, and its goal is to sell more than 1billion yuan in South China in 2010
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