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Thursday, 15 February 2018

AkzoNobel opens Rs 650 mn powder coatings facility in India




AkzoNobel India said that it has inaugurated it’s rupees 650 million powder coatings facility in Mumbai. Located in Thane, this is AkzoNobel’s sixth facility in India, reinforcing its commitment to the Indian market.
The new facility will complement AkzoNobel’s existing plant in Bangalore, adding new product lines in bonded metallic powder and pipe and re-bar coatings.
AkzoNobel is the largest global manufacturer of powder coatings and a world leader in powder coatings technology. The company recently agreed to acquire the business of V.Powdertech Co Ltd.
“India continues to be a high-growth market for AkzoNobel and the launch of the new powder coatings facility will only further strengthen our manufacturing footprint in the country. With this plant we intend to increase capacity in the region, which forms an important part of our organic growth plan,” said Thierry Vanlancker, CEO, AkzoNobel NV.

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