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Axalta starts construction on Asia Pacific Technology Center in China

Axalta Coating Systems (NYSE: AXTA),  a leading global supplier of liquid and powder coatings, has today  commenced construction of its Asia Pacific Technology Center (APTC) that  will develop coating technologies designed to provide customers in  China and the greater Asia-Pacific region with the best and latest  products and services.


Officiating at today’s ceremony for  the 15,500 square meter center in the Minhang Industrial Development  Zone, Shanghai are Charlie Shaver, Axalta Chairman and CEO, Zhang  Guokun, Deputy Governor of Minhang District, Xue Hong, Vice President of  Shanghai Real Estate Group, Feng Xiaoming General Manager and Executive  Director of the Minhong Group, the company that has jointly invested  with Axalta to construct the facility.


Scheduled to be operational in  third-quarter 2016, the regional technology center will be equipped to  undertake fundamental research and develop new coating applications,  including the latest generation paint formulations, colors, resin  development, dispersion technology, spray application and analytic  evaluation of paint performance. The center will have technical support  capabilities to serve light vehicle OEM, commercial vehicle and refinish  customers as well as those in the industrial and architectural sectors.  With a workforce capacity of up to 500 employees, the center is poised  to support all Axalta businesses with high quality paints, lean  processes, and sustainable applications.


“Our goal is to provide coatings  that increase durability, enhance customer productivity and, of course,  add color,” explained Shaver. “Axalta’s coatings enable the materials  they protect to last longer. Our application systems are designed to  help our customers be more productive by saving time and energy when  applying our products. The combined benefits also supports long term  environmental goals by protecting and conserving resources. I sincerely  thank the Minhang District Government, Minhong Group of Shanghai Real  Estate, and the Minhang Economic Development Zone for their cooperation  and their shared vision of our building as hub for innovation in China  and the wider Asia-Pacific region.”


“We aims to support Minhang District to be the innovation hub in southern Shanghai and even to be in the forefront of  China’s technological research and development. We are excited with the  commitment Axalta has for this new Asia Pacific Technology Center as its  vision aligns with what we plan to do. Axalta is an admired company  with sustainability values and cutting-edge coating technology. We are  proud to be a partner of Axalta and we eagerly look forward to the  center opening next year,” said Mr. Feng.


The technology center will be part  of Axalta’s global network of global innovation centers in North  America, Europe and Latin America. The facility will house Axalta’s  Refinish Color Development Center, a new Refinish Training Center for  customers, and extensive laboratories.


Dr. Barry Snyder, Axalta’s Senior  Vice President and Chief Technology Officer said, “As part of Axalta’s  global network of technology centers, the APTC will combine our global  expertise and next-generation tools with local talent and market  knowledge of China and the larger Asia Pacific region to provide  customers with innovative coating solutions and applications.”


At present, Axalta has technology  development capabilities in Shanghai and at the company’s operations  center in Changchun as well as four refinish training centers in China  and a new OEM technology development center adjacent to its Jiading  manufacturing complex.


Axalta has conducted business in  China since 1984. In addition to the recently expanded Jiading  waterborne coatings facility, Axalta operates a plant in Changchun and six powder coating facilities in  collaboration with its joint venture partner. Axalta has also located  its Asia Pacific Regional Headquarters in Shanghai.


About Axalta Coating Systems

Axalta is a leading global company  focused solely on coatings and providing customers with innovative,  colorful, beautiful and sustainable solutions. From light OEM vehicles,  commercial vehicles and refinish applications to electric motors,  buildings and pipelines, our coatings are designed to prevent corrosion,  increase productivity and enable the materials we coat to last longer.  With nearly 150 years of experience in the coatings industry, the over  12,800 people of Axalta continue to find ways to serve our more than  120,000 customers in 130 countries better every day with the finest  coatings, application systems and technology. For more information visit  axaltacoatingsystems.com and follow us @axalta on Twitter and on LinkedIn

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