Despite its small market share a decade ago, Nippon Paint China’s Project Coating Division has posted sales of RMB 3.5 billion, increasing by 20 times. It has become China’s largest project coatings brand. Yin Xiangzhe, General Manager of the business unit of Nippon Paint China’s Project Coating Division, said large demands for project coatings are greatly generated by China’s economic construction and policies. Market players are vying for high-quality products as well as more competitive prices.
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