AkzoNobel has announced plans to add three production lines at its Changzhou powder coatings plant in China. According to the company, the €3 million investment will support additional supplies of acrylic powder coatings, metallic powder coatings, and powder primers for the automotive sector, strengthening AkzoNobel’s ability to deliver more locally produced premium products.
“China is a high priority region for us and the booming powder coatings industry in China will help to optimize our production and investment strategy,” said CEO Thierry Vanlancker. “This latest investment will also reinforce our capability to support local customers and enhance our manufacturing and supply chain.”
The company reported that the Changzhou site plays a strategic role in supporting business development in China and will further AkzoNobel’s localization strategy to create more value for both the company and its customers with efficient and customized solutions.
Opened in 2012, the Changzhou site supports the manufacture of both powder coatings and liquid coatings, including decorative paints, protective coatings and vehicle refinishes. The powder coatings facility was a later addition and started production in 2018. It covers all industry applications and supports the entire East China region, according to the company.
The post AkzoNobel to Invest in Changzhou Powder Coatings Plant appeared first on American Coatings Association.
from American Coatings Association https://www.paint.org/akzonobel-to-invest-in-changzhou-powder-coatings-plant/
via IFTTT
No comments:
Post a Comment