Guangzhou Colortech New Materials Co., Ltd. recently broke ground on its global R&D headquarters and smart manufacturing base at the New Energy Storage Industrial Park in Sino-Singapore Guangzhou Knowledge City, Huangpu District, Guangzhou.
Founded in 2005, Colortech is a nationally recognized high-tech enterprise and a Guangdong-designated specialized and innovative small and medium-sized enterprise. It holds more than 200 patents in China and overseas.
Colortech specializes in polyurethane additives, polyurethane systems, and high-end foamed and non-foamed products. Its products serve applications in new energy, rail transit, automotive manufacturing, healthcare, protection for nearshore transmission systems, and environmentally friendly film coating. The company works closely with a number of international premium brands.
With a total investment of more than 500 million yuan, the headquarters and manufacturing project covers 47 mu, with plans for 22 specialized production lines. Once operating at full capacity, it is expected to generate an annual output value of 3 billion yuan.