Axalta Coating Systems is expanding its manufacturing capacity for coatings with the construction of a new USD50 millionacility in Shanghai.
Expected to begin production in 2015, Axalta's Shanghai waterborne facility will manufacture and supply up to 25,000 metric tons of its waterborne products.
Axalta says its waterborne products are environmentally responsible and meet global environmental requirements, such as the EU's VOC Regulation 2004/42/EC which Axalta adheres to in China, and which can help reduce the overall environmental footprint of China's auto industry.
Axalta Coating Systems is the new name of DuPont Performance Coatings which was acquired by The Carlyle Group on February 1, 2013.