TIANJIN, China, Oct 14 (Bernama-AsiaNet) — Tianjin Binhai New Area’s sound regional supporting facilities and superior investment service environment have attracted a large number of foreign-funded enterprises to settle down and develop. PPG Coatings (Tianjin) Co., Ltd. settled down in Tianjin Economic-Technological Development Area (TEDA) in 1994, and has gradually developed into the world’s largest PPG coating production base.
PPG announced last year that the world’s most advanced paint innovation center would be established in TEDA. The project is PPG’s only global-level research and development (R&D) center outside the United States as well as the first foreign-funded global-level R&D center in TEDA. The innovation center is scheduled to be completed and put into operation in 2021 and will serve all PPG divisions as well as customers in China, Asia and the rest of the world.