China coatings industry developed fast in 2005

According to the statistic information for China NationalCoatings Industry Information Center, the coatings industry developed fast in China in 2005. The total production volume of coatings reached 3.8257 million tons, up 28.3% while compare with the previous year. The total sale income of the coatings industry is around 73 billion RMB, sale income increased by 21.84% compared with that in 2004. The top four coatings companies in China are NIPPON PAINT(CHINA)CO.,LTD, NIPPON PAINT(LANGFANG)CO.,LTD ,Beijing US nest decoration materials Limited, Huarun Paints holdings co.,Ltd.