AkzoNobel to Build Performance Coatings Facility in Thailand
AMSTERDAM, the Netherlands - AkzoNobel announced plans to invest more than €30 million in a manufacturing facility in Thailand to support regional growth of its Performance Coatings business.
The project, which is being supported by the Thailand Board of Investment, involves constructing a 120,000m2 site within the Hemaraj Eastern Seaboard Industrial Estate in Chonburi. Earmarked for an initial capacity of 45,000 tons per year, production is due to start in the third quarter of 2016.