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It was learned on May 26 that Weihai Donglan New Materials Technology Co., Ltd. plans to invest a total of 310 million yuan to build a facility capable of producing 40,000 tons of environmentally friendly coatings and 20,000 tons of resins per year. The project is located at No. 25 Jiufa Road, Chemical Industry Park, Wendeng District, Weihai City, covering an area of 26,668 square meters. It includes the construction of 4 workshops, 4 warehouses, 1 office and R&D building, as well as a tank storage area, along with various production facilities, auxiliary systems, and utility facilities. Upon completion, the project will have an annual production capacity of 40,000 tons of eco-friendly coatings and 20,000 tons of resin. The project is expected to be completed and put into operation in December 2026.
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