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AkzoNobel to build powder coatings, decorative paints facilities in China

7:13 AM MDT | September 25, 2013 | Deepti Ramesh

AkzoNobel says it will invest a total of over €50 million ($67 million) to build new manufacturing facilities at Chengdu, China, for its powder coatings and decorative paints businesses. The powder coatings facility is scheduled to open in 2014 and the decorative paints site is expected to start production in 2015. Chengdu is one of the fastest-growing cities in southwestern China and has established itself as an important industrial hub, resulting in high demand for quality powder coatings and decorative paint, which is expected to remain strong as the...

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