AkzoNobel opens new performance coatings facility in Thailand

AkzoNobel opens new performance coatings facility in Thailand

11:51 AM, 30th May 2017
AkzoNobel opens new performance coatings facility in Thailand
The large size of the new site and the already established infrastructure enables later-phase investments for expansion.

AMSTERDAM, NETHERLANDS: AkzoNobel NV has opened a new performance coatings production facility in Chonburi, Thailand. With an investment of €31 million, the company expands its footprint with this ninth production site in the South East Asia region.

The new site will help the company to better serve the customers and reflects AkzoNobel’s continued commitment to the region.

Moreover, the new Chonburi site follows AkzoNobel’s sustainability vision: the plant uses state-of-the-art technology pioneered in US and Europe that will maximise operational efficiency and minimise waste generation. It also adds to AkzoNobel’s organic growth momentum and provides a continuously sustainable footprint.

The new Chonburi site supplies a number of businesses within AkzoNobel and supports the growth and improved customer service for several performance coatings’ businesses, as well as decorative paints.

The performance coatings businesses supported include metal, protective, speciality and marine coatings. The site also provides possible future expansion opportunities for powder coatings.

This site currently employs about 100 people, and that number is expected to grow to 200 employees.

“This new facility highlights our continued focus on adapting to market needs in order to better serve our customers with essential colour and protection. It also plays a key role in driving organic growth for the performance coatings business. The large size of the new site and the already established infrastructure enables later-phase investments for expansion. The Chonburi site will then provide opportunities for possible future expansion and growth in the region,” said Bill Collins, corporate director of AkzoNobel performance coatings business.

© Worldofchemicals News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Covestro achieves major breakthrough in biobased aniline

LEVERKUSEN, GERMANY: Covestro AG collaborating with partners has achieved a research breakthrough for the use of plant-based raw materials in plastics ...

Read more
PPG issues statement regarding Amsterdam Enterprise Chamber decision

PITTSBURGH, US: PPG Industries Inc has issued the following statement in response to the decision by the Amsterdam Enterprise Chamber: The matter bef ...

Read more
AkzoNobel confirmed as exclusive coatings provider of Volvo Ocean Race

AMSTERDAM, NETHERLANDS: AkzoNobel NV has been confirmed as the official Boatyard supplier for the 2017-18 Volvo Ocean Race. All the boats competing in ...

Read more
BASF’s second trend book presents innovative plastic solutions

LUDWIGSHAFEN, GERMANY: BASF SE has launched “'Material Selection 17/18”, the second material trend book that provides a global outlook on ...

Read more
Honeywell UOP, Wison to collaborate on methanol-to-olefin projects

SHANGHAI, CHINA: Honeywell UOP has signed a partnership agreement with Wison Engineering Ltd to jointly provide methanol-to-olefin (MTO) technologies ...

Read more
Lanxess appoints new chief integration officer, Stephen Forsyth

COLOGNE, GERMANY: Lanxess AG expands its board of management with the appointment of Stephen C Forsyth (61) as chief integration officer, effective 1 ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X