24 October 2014
DETAILS
its state-of-the-art vehicle refinishes plant in
Changzhou, China
- the company's 30th manufacturing facility in the country.
The new factory adds around 25 million liters of capacity
for Sikkens, Lesonal and Prime vehicle refinishes products and
strengthens AkzoNobel’s position as one of the leading players
in China's vehicle refinishes and commercial vehicle OEM markets,
building on its
acquisition of Changzhou Prime Automotive Ltd. in 2010.
Conrad Keijzer
the AkzoNobel Executive Committee member
responsible for Performance Coatings
"The new plant in Changzhou underlines our commitment
to investing in China and strengthens our ability
to manufacture locally developed product, particularly
for the fast-growing mid-tier vehicle refinishes market."
Simon Parker
Managing Director of AkzoNobel’s Vehicle Refinishes business
"The Changzhou site is designed to help us
meet rapidly increasing customer demand,
not only from domestic suppliers,
but also from our global automotive customers
that have business in China,"
The Chinese vehicle refinishes market is
worth around €750 million and has been
growing at around 10 percent a year.
"Changzhou is the ideal location for this facility,"
"A good infrastructure is already in place and
it is ideally situated in the coatings 'center' of China,
with close access to many of our customers."
WWW.CHEMWINFO.COM BY KHUN PHICHAI
