Runtai New Materials
17 Wenhua West Road, Taixing Economic Development Zone, Taizhou, Jiangsu, 225500, China
Overview
Runtai New Materials, founded in May 2010 and headquartered in Taizhou, Jiangsu, produces eco‑friendly waterborne coating film‑forming additives, plasticizers, and green solvents. The company operates three subsidiaries, including Runtai Chemical (UAE), and exports to over 100 countries and regions. Its waterborne film‑forming products—C12 alcohol esters and C16 diesters—are domestic market leaders, and the company’s eco film‑forming additive output is about 80,000 tonnes per year, ranking first in China and second globally. Runtai maintains long‑term strategic supply relationships with major global and domestic paint companies (e.g., Nippon Paint, AkzoNobel, PPG and several leading Chinese paint firms). The firm has an R&D‑focused headquarters with extensive industry‑academic collaborations (Eastern Michigan University, University of Georgia, East China University of Science and Technology) and a large technical team. Runtai is building an overseas production base in the UAE to accelerate globalization and to cover the Middle East, Europe and Africa.
- Total raised
- $25M
- Funding rounds
- 1
- Latest round
- Series C
- Latest activity
- Dec 2020
Industries
- Industrial
- Manufacturing
Recent funding
Series C
Dec 2020
$25M
Team
No current team members are available.