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Axalta to construct Shanghai automotive coatings facility

9:44 AM MDT | May 31, 2013

Axalta Coating Systems, the former automotive coatings unit of DuPont now owned by The Carlyle Group, will invest over $50 million to construct a 25,000-m.t. manufacturing facility at Shanghai to supply south and central China. Construction is expected to begin in the second half of 2013, with production beginning first-quarter 2015, pending government approval, Axalta says. “The waterborne coatings that will be produced at the new facility will be used in two of the consolidated manufacturing processes that Axalta has developed for automobile manufacturers to...

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