PPG to boost spending on Tianjin plant
By WANG YU AND LI XIANG | China Daily | Updated: 2010-04-17 08:00
TIANJIN - PPG Industries, a leading global coatings and specialty-materials manufacturer will expand its Tianjin facility this year, including a waterborne coatings workshop requiring $10 million of investment, and more importantly, an R&D center, Cathy Yan, general manager of government affairs and business development for PPG Asia-Pacific, told China Daily.
"Tianjin is a fledgling but promising land. The Binhai New Area, in particular, is providing enterprises with golden opportunities for further development. That is why we are considering hiking our investment here," Yan commented.
Pointing to a plot of empty land outside her office window, Yan said that there will be a new waterborne coatings facility there later this year.
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