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AkzoNobel opens coatings plant in India

1:39 AM MDT | October 28, 2013 | Deepti Ramesh

AkzoNobel says it has opened a new €20-million ($27.5 million) decorative paints plant at Gwalior, India, which will have a production capacity of 55 million liters/year. The greenfield facility, which is AkzoNobel's sixth plant in India, will supply a range of decorative paints and create improved distribution channels for the Dulux brand. The new site will also help speed up transportation times and reduce the cost of logistics, the company says. “India plays an extremely important role in our growth strategy, and the new Gwalior site underlines our...

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