PPG (NYSE:PPG) today marked the completion of a new $19 million high-performance waterborne and high-solids coatings production line at its Wuhu facility in Anhui province, China. The new line enhances the production and service capabilities of PPG’s automotive coatings business for customers in China. The new line at PPG’s Wuhu plant adds production for environmentally-friendly […]
PPG Reports 2016 Financial Results, Acquires Refinish Company in China
PPG (NYSE:PPG) yesterday reported fourth quarter 2016 net sales of $3.5 billion, down more than 1 percent versus the prior year. Sales in local currencies increased by more than 1 percent aided by sales volume growth approaching 2 percent year-over-year. The net impact from business portfolio actions contributed less than 1 percent to sales growth […]
Fix Auto Adds Collision Repair Center to Network in China
Fix Auto announced that Fix Auto Guilin hosted its official grand opening event in Guilin, in Guangxi Province, China. At the time of Fix Auto China’s official launch on December 1, 2016 in Shanghai, Fix Auto Guilin was the most recent addition to the Fix Auto China network, standing at 78. Fix Auto China has […]
BASF Inaugurates First Refinish Coatings Manufacturing in Asia Pacific Region
Newly acquired site in China from Guangdong Yinfan will serve as a technology and production hub for the region. BASF yesterday inaugurated BASF Coatings (Guangdong) Co., Ltd., its first automotive refinish manufacturing operation in Asia Pacific, located in Jiangmen, Guangdong Province, China. The new entity was established as BASF completed the acquisition of the automotive […]
Fix Auto Launches Collision Repair Network in China
Announces network of 78 locations at launch event in Shanghai Steve Leal, President and CEO of Fix Auto World announced the launch of Fix Auto in China with an initial network of 78 collision repair centers. China marks the eighth country where Fix Auto operates. “China is a very exciting market for Fix Auto’s proven […]
Axalta Announces New Coatings Manufacturing and Logistics Facility in Nanjing, China
Will also serve as distribution center for collision repair refinish products. Axalta Coating Systems (NYSE:AXTA) announced it will construct a new manufacturing plant for automobile, commercial vehicle and industrial coatings in Nanjing, China. The facility, located at Nanjing’s National Chemical Industrial Park (NCIP), is expected to be fully operational by the end of 2020 with […]
CAPA and Intertek Bring Certification Program for Aftermarket Auto Parts to China
The Certified Automotive Parts Association (CAPA) and Intertek have worked in partnership to bring CAPA’s certification program for aftermarket auto parts to China. Per the Certification and Accreditation Regulatory Department of the State Council of China (CNCA), the CAPA program will be introduced in China with Intertek Shanghai serving as the certification body. Prior to […]
BASF Completes Acquisition of Refinish Paint Manufacturer in China
BASF announced it has completed the acquisition of Guangdong Yinfan Chemistry Co., Ltd. in China that was announced in April. A new legal entity named ASF Coatings (Guangdong) Co., Ltd. has been established in Jiangmen, Guangdong Province, to take over and further develop Yinfan’s automotive refinish coatings business. “Together with Yinfan’s team, we have started […]
Liberty Mutual Insurance Forms Joint Venture in China
Insurer enters into joint venture for its Chinese insurance operations with Sanpower Group Co., Ltd. Liberty Mutual Insurance and Sanpower Group Co., Ltd., one of China’s leading private enterprises, announced today they have agreed to create a joint venture from Liberty Mutual’s current Chinese property and casualty insurance operations. Sanpower will hold a 51 percent […]
BASF Opens Automotive Coatings R&D Center in Shanghai
BASF expanded its regional research and development (R&D) activities for automotive coatings in Asia with its new BASF Innovation Campus Asia Pacific in Shanghai, China. At these coatings and coating resins laboratories, the company’s R&D team is innovating to address regional automotive customers’ growing demands for high-performance, quality and flexible coatings solutions with a lower […]
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