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Chemical Week Magazine :: Business & Finance :: Asia/Pacific

AkzoNobel Inaugurates Its Largest-Ever Project

9:08 AM MST | November 12, 2010 | —natasha alperowicz in ningbo

AkzoNobel has officially inaugurated a previously announced multi-site at Ningbo, China. The €275-million ($386 million) project is the company’s largest investment, excluding acquisitions, said CEO Hans Wijers during the opening ceremony. The event was attended by the entire AkzoNobel board, as well as Chinese government and local authority officials, and suppliers and customers. The complex joins AkzoNobel’s existing 26 manufacturing sites in China and will be a key contributor to the company’s recently announced target to double sales in...

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