The fully automated plant, which represents a €20 million investment, will have the increased production capacity to fulfill growing demand in the architecture, auto accessories, telecommunications, electronic components, furniture, domestic appliances, sports equipment and machine tools markets.
Once operational, the new plant will bring the company closer to its overall energy and water sustainability ambitions. It’s expected to reduce energy consumption by 30%, increase the water reuse rate to 60% and achieve zero VOC emissions – in addition to creating a safer and healthier working environment.
“The COVID-19 pandemic has brought a lot of uncertainties to global markets,” said Fred Moreux, Director of Manufacturing for Asia at AkzoNobel. “Investing in a new plant in Taiwan at this critical time will help us streamline our supply chain while setting a new benchmark in the local paints and coatings industry.”
AkzoNobel’s multisite in Chungli already consists of manufacturing plants for powder coatings, decorative paints, packaging coatings and specialty coatings. The addition of this new powder coatings plant is leading Taiwan’s industry upgrade process to create significant production leverage and value.
“AkzoNobel has been in the Taiwan market for more than 40 years and is a known leader of its paints and coatings industry,” said Karen Yin, Director of Commercial Powder Coatings at AkzoNobel. “The new plant is driven by growing customer demand for tailored solutions and will consolidate our leading position.”
The powder coatings plant in Chungli is expected to start operating in the third quarter of 2021.
AkzoNobel has a passion for paint. We’re experts in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. Headquartered in the Netherlands, we are active in over 150 countries and employ around 33,000 talented people who are passionate about delivering the high-performance products and services our customers expect.