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AkzoNobel Targets $3 Billion Sales in China by 2015

12:41 AM MDT | July 2, 2010 | Deepti Ramesh

AkzoNobel says it plans to double its revenue in China within the next five years, and targets $3 billion sales in the country by 2015. AkzoNobel, which had revenues of $1.5 billion in China in 2009, employs around 6,500 people in the country. “The importance of Asia, particularly China, has long been emphasized by our company and we are committed to expanding in the region, as recent investments have shown,” says Hans Wijers, CEO of AkzoNobel. “Not only is China an important growth engine, but it is also rapidly establishing itself as a great...

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