AkzoNobel announced a $30 million investment to enhance powder coatings production across four North American sites with new technology and added capacity.
The loan from the European Investment Bank will be used to finance research and development activities at the company, which firmly integrated sustainability into all elements of its corporate strategy in 2022.
All of the company's manufacturing locations in Latin America are now operating on 100%-renewable electricity, further boosting the company’s ambition to reduce carbon emissions across the full value chain by 50% by 2030. Read examples of how the company is moving towards this goal, globally.
Built on a 50,000-square-meter site, the 250-bed facility is a green hospital designed according to global healthcare standards. It is expected to increase medical tourism in Indonesia while expanding access to international-quality medical care.
Sean Lannon will have executive oversight of the company’s finance function and will play a critical role in shaping the financial strategy in support of the company's commitment to delivering innovative and sustainable solutions to customers.
Covestro has introduced a waterborne and waterborne-UV family of high-performing resins for industrial coating applications such as wood furniture, cabinetry, and building products.
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.
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