Government Policies Press Coatings Companies With Necessary Suppor
Chinese local governments are upgrading their environment regulations continuously. For example, starting on May 1st, the Shenzhen government will apply the second phase of their hazardous materials limitation regulation, meaning solvent-based coatings and adhesives will be banned for use in home furniture products in Shenzhen. This will have a huge impact to the home furniture industry in Shenzhen, a city which has many facilities of home furniture producers. Meanwhile, the Shenzhen government also provides financial support to the companies who will renovate their production line from using solvent-based coatings to using waterborne and UV coatings. The government financial support could be up to 40 percent of the production line’s total renovation cost.