Industry News

AkzoNobel Expands its Performance Coatings Plant in Indonesia

Published on 2016-05-18. Author : SpecialChem

AkzoNobel has completed phase one of the Euro 2.5 million expansion of its performance coatings plant in Cikarang, Indonesia.

Indonasian Plant
Fig. 1: AkzoNobel Expands its
Performance Coatings Plant in Indonesia

The investment will increase capacity at the facility by 40 percent and will help the company meet growing domestic demand – driven by the petrochemical and power sectors – for its International brand marine and protective coatings products.

Speaking at the recent inauguration ceremony, Mauricio Bannwart, Managing Director of AkzoNobel's Protective Coatings business, said: "This investment is a testament to our commitment to Indonesia, which continues to improve its position as an emerging market.

"We have installed state-of -the-art, automated equipment at Cikarang, which will significantly improve product quality, safety and sustainability standards."

Commenting on the expansion, Oscar Wezenbeek, Managing Director of AkzoNobel's Marine Coatings business, said: "We are excited about the fast-growing domestic market opportunity in Indonesia. The country has great maritime potential, with a 54,720 kilometer coastline, inclusive government policy and an opportunity to build a robust shipbuilding industry."

Having first established itself in Indonesia in 1971, AkzoNobel has since become one of the largest paints and coatings producers in the country. The company operates three manufacturing sites, supplying both decorative and performance coatings, employing more than 1,000 people.

About AkzoNobel

AkzoNobel is one of the leading global paints and coatings companies and a major producer of specialty chemicals. Calling on centuries of expertise, it supplies industries and consumers worldwide with innovative products and sustainable technologies designed to meet the growing demands of its fast-changing planet. Headquartered in Amsterdam, the Netherlands, it has approximately 46,000 people in around 80 countries, while its portfolio includes well-known brands such as Dulux, Sikkens, International, Interpon and Eka.

Source: AkzoNobel

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