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Markets :: Specialty Chemicals :: Paints and Coatings
AkzoNobel breaks ground on decorative paints facility in China
7:48 AM MDT | August 20, 2014 | Deepti Ramesh
AkzoNobel today broke ground on its previously announced decorative paints facility at Chengdu, China. Chengdu is the capital of Sichuan Province. The new facility is part of an investment exceeding €50 million ($66.5 million) to build manufacturing facilities for both powder coatings and decorative paints. Plans for the project were first announced in September 2013. The new facility, located in the Qionglai Yang'an Industrial Park, is the company's fourth for decorative paints in China. The first phase is now scheduled to be opened in 2016, with full...
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