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January 07, 2019 12:00 AM

China’s Lanlan breaks ground on new PU resin plant

Jane Ho
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    Anqing, Anhui – Lanlan New Materials broke ground in December on a waterborne polyurethane resin and auto sealant flocking plant in Anqing, Anhui.

    Located at the city’s high-tech Industrial Development Zone, the project has 60,000 sqm total area. Its planned capacity includes: 75kT/year waterborne PU resin and coatings; 5kT/year auto sealant flock adhesive; and 80km/year auto sealant flock belt.

    With CNY 525m ($77 m) investment earmarked, the plant is set to come on stream in May 2020. The company's website suggests production will be worth CNY 3bn/year.

    Lanlan is a subsidiary of Lanou Chemical, which is part of Shanghai-headquartered high polymer group Liulian. According to a local government website, Lanou was the first Chinese company to develop one-component waterborne PU coatings in the auto sealing segment. The company made the breakthrough in 2010.

    Meanwhile, in  2011 Lanou’s auto waterborne coating products had a greater market share in China than some of its international competitors. This is the first time for a Chinese brand, according to the local government website.

    Liulian,chairman Chen Zhenglin, centre (with red scarf)

    Currency Conversion: Xe.com

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