The project for producing 177,000 tons per year of high-end coatings, adhesives, and related resins by Nanbao Resins has been approved for implementation in Lujiang, Hefei
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On the morning of October 10, the signing ceremony for Nanbao Resins’ project to produce 177,000 tons per year of high-end coatings, adhesives, and related resins was held in Hefei. It is reported that the project for Nanbao Resins to produce 177,000 tons per year of high-end coatings, adhesives, and related resins requires a land area of around 150 mu. Relevant high-end resins, adhesives, and certain advanced coatings will be used in the manufacturing of automobiles and electronic products, helping to fill the gap in our county’s capabilities in the field of electronic chemicals. They will serve directly the rapidly developing industries of new energy vehicles and electronic information, thereby enhancing the regional industry’s capacity for supporting production processes and the resilience of its supply chains. Upon reaching full production capacity, the project is expected to generate an annual output value of around 1 billion yuan, with annual tax payments of approximately 30 million yuan.
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