AkzoNobel opens performance coatings site in Chonburi, Thailand
AkzoNobel has opened a new performance coatings production facility in Chonburi, Thailand. With an investment of €31 million, AkzoNobel expands its footprint with this ninth production site in the South East Asia region. The new site has been erected in response to existing and expected production needs for Thailand and the South East Asia region.
Commenting on the opening, Bill Collins, corporate director of AkzoNobel performance coatings business, said: “This new facility highlights our continued focus on adapting to market needs in order to better serve our customers with essential colour and protection. The large size of the new site and the already established infrastructure enables later-phase investments for expansion. The Chonburi site will then provide opportunities for possible future expansion and growth in the region.”
The new Chonburi site follows AkzoNobel’s sustainability vision: the plant uses state-of-the art technology pioneered in the US and Europe that will maximise operational efficiency and minimise waste generation. It also adds to AkzoNobel’s organic growth momentum and provides a continuous sustainable footprint.
The site, which currently employs 100 people, supplies a number of businesses within AkzoNobel and supports the growth and improved customer service for several performance coatings’ businesses, as well as decorative paints. The performance coatings businesses supported include: metal, protective, speciality and marine coatings. It also provides possible future expansion opportunities for powder coatings.