On April 1, Anhui development and Reform Commission released the list of key projects in Anhui Province in 2020. The total number of projects included in the plan is 6878, with an investment of RMB 1305.46 billion. Among them, the newly-built projects with an annual output of 500000 tons of thick paste paint, latex paint, colorful paint, dry powder paint, etc. invested by cabaret group are listed, and the construction is planned to start this year.
The reporter of coating industry noted that the project was signed and settled in Mingguang chemical industry concentration zone, Anhui Province on July 16, 2019, with a total planned investment of 1.26 billion yuan and an annual output of "500000 tons of thick paste paint, latex paint, colorful paint, dry powder paint, etc.". The total land for the project is about 400 mu, of which the planned land for phase I is about 220 mu.
Founded in 1993, cabaret is mainly engaged in the research and development, production, sales and coating services of coatings. Its products cover wood coatings, architectural coatings, art coatings, floor coatings, industrial coatings, decoration accessories, inks, etc. the group has 8 first-class subsidiaries and 8 production bases in China. At present, it has more than 3200 employees. Last year, the sales exceeded 3.5 billion yuan. In the field of wood coatings, architectural coatings, art coatings, the production and sales volume ranks in the forefront of the country.
According to the data, the sales revenue of cabaret group increased from 580 million yuan in 2004 to 3.24 billion yuan in 2018. In the past 15 years, the performance has increased by 458.62%, ranking first among local coatings enterprises in China for many consecutive years. In addition, Carpoly also ranks among the top 40 global coatings companies and the top 20 Asia Pacific Coatings Companies, and ranks in the forefront.
With the rapid growth of its business, Carpoly has accelerated its pace of distribution of production bases to the whole country. The project is a major project of the group and will strengthen the strategic layout of cabaret in East China market. It is expected that the production of Mingguang production base will greatly improve the overall production capacity of cabaret, improve the national production capacity layout, and promote the continuous optimization of production capacity distribution. Meanwhile, it means that cabaret has begun to rapidly seize the market in the field of new building materials, and constantly meet the diversified product demand of consumers and the national supply requirements. (coating boundary)
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