Axalta (NYSE:AXTA) broke ground on the newest phase of its Jiading plant in Shanghai, China to expand its waterborne coatings capacity in the country. Expected to be operational by early 2021, this expanded facility will position Axalta to meet rising demand for sustainable coatings from automotive and industrial customers across southern and eastern China.
Willie Wu, Axalta’s Greater China President (3rd from left); Victor Wang, Axalta’s Vice President of Greater China Operations and Supply Chain (1st from left) and officials from the Jiading Industrial Zone broke ground for Axalta’s Jiading plant expansion.
“This investment into waterborne coatings production is vital
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