AkzoNobel to Boost Investment in Changzhou Powder Coatings Plant
AkzoNobel reports that the €3 million (approximately $3.4 million) investment will support additional supplies of acrylic powder coatings, metallic powder coatings, and powder primers for the automotive sector.
AkzoNobel has announced plans to add three new production lines at its Changzhou powder coatings plant in China, which is the company’s largest facility of its kind in the world. The company reports that the €3 million (approximately $3.4 million) investment will support additional supplies of acrylic powder coatings, metallic powder coatings, and powder primers for the automotive sector.
“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 Thierry Vanlancker, CEO. “This latest investment will also reinforce our capability to support local customers and enhance our manufacturing and supply chain.”