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Home > News > Market Flash > Akzo Nobel will build three more powder coating production lines!

Akzo Nobel will build three more powder coating production lines!

ECHEMI 2019-07-18

powder-coating

Akzo Nobel, the world's leading paint and coatings company, announced on September 9 that it would invest more in its world's largest powder coatings factory in Changzhou (Jiangsu). The company plans to invest 3 million to build three new powder coating production lines, including acrylic powder coating, metal powder coating processing and automotive base powder, to strengthen the local production capacity of high-end products. As the largest powder coatings market in the world, China's powder industry has accelerated in response to the high requirements of the development of green industry, and the demand continues to expand. However, high-end powder coatings require higher performance. At present, the proportion of domestic production and manufacture depends more on imports. The new powder coatings product line of Akzo Nobel will always adopt Akzo Nobel's advanced production and manufacturing technology to support the needs of local customers with high-quality localized production more effectively. Fan Dirui, chief executive of Akzo Nobel, said, "China is one of the most important markets of Akzo Nobel in the world. Powder development momentum is stronger and stronger. Good market development trend will help us to continuously optimize investment strategy and layout. The new powder coating production line will further enhance our supply chain and manufacturing capacity, and strengthen our support to local customers.

"Emerging market trends and customer needs make us deeply aware of the importance of localized production." Guo Zhenhua, president of China and North Asia, said, "Changzhou Paint Base is of strategic significance to the development of the company's business in China. The new product line will also help us to provide customized solutions to local customers more quickly, while creating more value for our company and our customers."

Changzhou Paint Base was opened in 2012 and is one of the most important multi-component paint production bases in China. The base supports the production and processing of liquid coatings and powder coatings by continuously optimizing the supply chain processes of raw materials procurement, distribution and service. The product categories cover decorative coatings, protective coatings and automotive repair coatings. The newly built powder coating plant in the base was put into operation in 2018. The powder produced covers the whole industry and radiates the whole eastern China.

Akzo Nobel Powder supplies more than 30,000 customers worldwide, covering household appliances, building materials, automobiles, furniture, IT and industrial segments.

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