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Wednesday, 17 October 2018
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Markets & companies, Coatings market

Akzo Nobel inaugurates powder coatings plant in Mumbai, India

Tuesday, 20 February 2018

Akzo Nobel has reinforced its commitment to customers in India following the inauguration of a new EUR 9 million facility for the production of powder coatings. Located in Thane, Mumbai, the plant is the company's sixth production site in India.

Inauguration of Mumbai's powder coatings plant. Source: Akzo Nobel.

Inauguration of Mumbai's powder coatings plant. Source: Akzo Nobel.

Speaking at the inauguration ceremony, Akzo Nobel CEO, Thierry Vanlancker, said: "India continues to be a high growth market for us and the launch of this new facility will further strengthen our manufacturing footprint in the country, which forms an important part of our organic growth plans." Added Daniela Vlad, Director of Powder Coatings: "Our Powder Coatings business in India has been delivering strong, profitable growth. The new facility will play a critical role in our expansion plans and boost our access to markets located in northern and western parts of the country."

The new facility in Thane will complement Akzo Nobel's existing plant in Bangalore, adding new product lines in bonded metallic and functional powder coatings.

About Akzo Nobel

Akzo Nobel is one of the largest global manufacturer of powder coatings and a world leader in powder coatings technology. The company recently agreed to acquire V.Powdertech Co. Ltd., the leading Thai manufacturer of powder coatings, which supplies a range of products for domestic appliances, furniture and general industrial applications.

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