In order to cater to the current and expected production requirements for Thailand and the South East Asian market, AkzoNobel has opened a new factory for Performance Coatings production in Chonburi, Thailand. With an initial investment amounting to USD 36 million, this facility will be AkzoNobel’s ninth production site in the South East Asia region.
Commenting on the new facility, Bill Collins, corporate director of AkzoNobel Performance Coatings business, said that the new facility highlights the company’s continued focus on adapting to market needs in order to serve its customers better with essential color and protection. The facility will also play a key role in driving organic growth for the Performance Coatings business. The plant can be scale dup in the future due to the large size of the new site and the infrastructure that is already in place.
The new Chonburi site follows AkzoNobel’s sustainability vision as it is equipped with state-of-the art technology pioneered in the U.S. and Europe that is meant to maximize operational efficiency and minimize waste generation.
The new Chonburi plant supplies a number of businesses within AkzoNobel and supports the growth and improved customer service for several Performance Coatings’ businesses like Metal, Protective, Specialty and Marine Coatings, as well as Decorative Paints. The site also provides possible future expansion opportunities for Powder Coatings. Currently, the factory has a workforce of 100 people an din the future, that number is expected to grow to 200 employees.
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