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AkzoNobel Adds Auto and Aerospace Coatings Capacity

6:05 AM MST | December 9, 2011

Capturing Growth: AkzoNobel says the investment will help it meet growing demand in China. AkzoNobel announced recently that it will invest about €60 million ($84 million) to increase the production capacity of its automotive and aerospace coatings business in China. AkzoNobel will construct a new production facility at Changzhou, China and will also build related warehousing, quality control laboratories, support facilities and offices on the new site. AkzoNobel, in 2010, acquired Prime Automotive Paint (Changzhou), a company that develops, manufactures...

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