27 May 2015
DETAILS
AkzoNobel has announced plans
to invest more than €30 million in a manufacturing facility
in Thailand to support regional growth of
its Performance Coatings business.
The project, which is being supported
by the Thailand Board of Investment,
involves constructing a 120,000m2 site within
the Hemaraj Eastern Seaboard Industrial Estate in Chonburi.
Earmarked for an initial capacity of 45,000 tons per year,
production is due to start in the third quarter of 2016.
The new plant will support several
Performance Coatings businesses,
including Metal Coatings, Protective Coatings,
Specialty Coatings and Marine Coatings, as well
certain products from the company's Decorative Paints business.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
