AkzoNobel Performance Coatings Adds Capacity in Indonesia
AMSTERDAM, the Netherlands - AkzoNobel Performance Coatings announced plans to invest €2.5 million to expand its plant in Cikarang, Indonesia.
The investment will add capacity to help meet growing demand for the company's International brand products, which are supplied by the Protective Coatings and Marine Coatings businesses. The project is expected to be completed by April 2015.
News of the expansion comes after AkzoNobel recently invested a total of €5 million to add capacity for both its Marine Coatings and Protective Coatings businesses in Singapore and Sunshine, Australia.