Responding to current and expected production needs for Thailand and South East Asia region, AkzoNobel has opened a new Performance Coatings production facility in Chonburi, Thailand.
With an investment of €31 million, AkzoNobel expands its footprint with this ninth production site in the South East Asia region. The new site will help to better serve AkzoNobel customers, and reflects AkzoNobel’s continued commitment to the region.
Commenting on the opening, Bill Collins, Corporate Director of AkzoNobel Performance Coatings business, said:
'This new facility highlights our continued focus on adapting to market needs in order to better serve our customers with essential color and protection. It will also play a key role in driving organic growth for the Performance Coatings business."
'The large size of the new site and the already established infrastructure enables later-phase investments for expansion. The Chonburi site will then provide opportunities for possible future expansion and growth in the region."