More advanced powder coatings solutions will be available to customers in Taiwan now that a state-of-the-art and sustainable plant is being built by AkzoNobel in Chungli.
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.