Akzo Nobel expands powder coatings operations in China

Citation

(2004), "Akzo Nobel expands powder coatings operations in China", Pigment & Resin Technology, Vol. 33 No. 3. https://doi.org/10.1108/prt.2004.12933cab.019

Akzo Nobel expands powder coatings operations in China

Akzo Nobel expands powder coatings operations in China

Akzo Nobel will expand its powder coatings operations in China. Two new factories will be constructed during 2004 in a move which will strengthen Akzo Nobel's position in China, the fastest growing powder market in the world. Commented Rudy van der Meer, Member of Akzo Nobel's Board of Management responsible for Coatings: “Akzo Nobel's powder coatings business moved into China back in 1992. Since then we have consolidated our position through acquisition and organic growth. We have continued to invest over the years and have successfully managed to grow quicker than what has undoubtedly been the world's fastest growing powder market. These two new factories will continue our strategic focus on this important region”.

Akzo Nobel Powder Coatings serves both foreign and local customers in China. They service the needs of those who export their powder coated goods, as well as the domestic operations. Akzo Nobel has four plants, strategically located from south to north. The expansion plan involves building two new factories: one in Langfang – which is halfway between Beijing and Tianjin – the other in Guangdong Province in the south, on a site neighboring the existing powder operation in Shenzhen.