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Development of Marine Paints

2004-12

    As the third biggest ship manufacturer, Chinese ship manufacturing corporations that has received million tons grade orders are as many as eight, and the orders of Shanghai Waigaoqiao Shipbuilding Co.,Ltd. has exceeded 5.105 million tons. In marine coatings field, the top 10 marine coatings corporations have all entered Chinese Market, including British IP Co.,Ltd., Cosco, Sigmakalon, Hempel, Nippon, ICI, Jotun and Akzo Nobel.

    Chairman of Nippon Marine Coatings (Shanghai) Co., Ltd. told journalist that in 2005, the new ship paints and refinish paints will reach 672.5 thousand tons, while China will reach 210 thousand tons. Our domestic throughout is about 60 thousand tons. In future, environmental protection and price will be the focus of competition.


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