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CHINA'S PAINT INDUSTRY BECOMES WORLD'S 2ND LARGEST.

AsiaPulse News

| April 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BEIJING, April 1 Asia Pulse - China has become the second largest paint producer and consumer in the world propelled by booming real estate, auto and shipping building sectors.

Global paint manufacturers have moved their production capacities to China in recent years.

The world's top paint and coating producer Akzo Nobel recorded US$1.03 billion of sales revenue in China last year, up 16 per cent year-on-year.

By 2012, Akzo Nobel is expected to realize US$2 billion of sales ...

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Source: HighBeam Research, CHINA'S PAINT INDUSTRY BECOMES WORLD'S 2ND LARGEST.

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