Already underway, the scale-up program will help build resilience against supply disruptions and contribute to financial and Scope 3 (upstream) carbon reduction ambitions.
As part of its Grow & Deliver strategy, AkzoNobel has announced plans to invest in the expansion of in-house resin manufacturing. The company expects that the scale-up program, which is already underway, will help build resilience against supply disruptions while making an important contribution to achieving financial and Scope 3 (upstream) carbon reduction ambitions.
“All of our businesses use resins, and while we produce a good proportion of what we need ourselves, commodity and other specialty resins need to be sourced from third parties,” said Michael Friede, chief commercial officer for Performance Coatings. “Further investing in our own resin capabilities will help us to secure sustainable business growth, as well as supporting our innovation pipeline and sustainability targets.”