Four new manufacturing lines are now operational following the €21 million expansion project in Italy – two of them dedicated to automotive primers and two to architectural coatings.
The line striping and pavement maintenance franchise achieved national recognition after a year of expansions, including debuting on Franchise 500 and opening its 100th
location.
The expansion of covered warehousing space at its main Dubai headquarters will accommodate the evolving needs of its clients and the growing market for polyurea-based coatings, linings, and membranes, as well as highly durable waterproofing solutions.
The new production facility will manufacture solvent-based wax dispersions and replace the current facility with a state-of-the-art process installation that will meet current as well as future demands from customers.
The coating and adhesive resins business line expects the additional production capacity to be ready as early as the second quarter of 2024, following the double-digit million-euro investment.
With the additional investment in new manufacturing equipment, the company moved its finished goods distribution and warehouse from the Surrey plant to a new 60,000-square-foot high-bay facility with increased stocking capacity, as well as a special area designed for the handling and storage of high-performance industrial coatings.
This world-scale syngas facility, fully integrated into the Verbund site in Zhanjiang, China, is scheduled to start up in 2025. The plant will adopt unique process concepts to reduce carbon emissions compared to conventional syngas plants.
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