Nippon Paint China headquarters breaks ground in Pudong
Construction on Nippon Paint China headquarters recently commenced in Shanghai's Pudong New Area. The project also includes a new construction material packaging base.
Nippon Paint has steadily expanded in China since establishing its first comprehensive factory in Shanghai in 1992. In August of this year, the Japanese-based coating manufacturer set up its Asia-Pacific R&D Innovation Center in Pudong, which will focus on product development and applications in the Chinese market and the Asia-Pacific region.
Last month, Nippon Paint made its debut at the seventh China International Import Expo. The promising opportunities in the Chinese market that the company witnessed through the expo strengthened its determination to expand its businesses in the country.
Xing Ronghua, vice-chairman of Nippon Investment Co Ltd, emphasized that the establishment of the headquarters is a major step by the company to boost its development in the Chinese market. Upon completion, the headquarters will assume more management functions in China and the Asia-Pacific region.