On the eve of the Spring Festival, the foundation laying ceremony of Tianjin AVIC Baimu New Material Technology Co., Ltd. was held in the west area of ​​Tianjin Development Zone.
According to the introduction of Dean Li Xiaohong, Director of China Aviation Industry Corporation Basic Institute, Beijing Aerospace Material Co., Ltd. purchases approximately 60,000 square meters of land in the west area of ​​Tianjin Development Zone and builds an advanced functional coating research and development and engineering center. The total planned construction area 48,000 square meters, completed and put into operation in December 2012. The total investment of the project is 180 million yuan. It is expected that after the project is completed and put into production until 2019, an average of 70,000 tons of advanced functional coatings will be produced each year, and the annual operating income will be 1 billion yuan.
The settlement of the Bermuda-based new material project marks a breakthrough in the cooperation between Tianjin Development Zone and China Aviation Industry Corporation. China Aviation Industry Group is a strong company. As the core area of ​​advanced manufacturing in Tianjin Binhai New Area, Tianjin Economic and Technological Development Zone will provide the best investment environment and services to help China Aviation Industry Corporation develop in Tianjin Binhai New Area.
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