Wood coating plant for China
Akzo Nobel reports the opening of a wood coatings plant in Dongguan City, P. R. China. The new site is part of the 25 million investment that Akzo Nobel Coatings has made in China in the last year and will produce coatings for the rapidly growing furniture industry in China.
"It is one of Akzo Nobel's strategic goals to increase our market share in the Asia Pacific region, and China is a key market in this area," said Rudy van der Meer, member of Akzo Nobel's board of management responsible for coatings."The Dongguan City site, together with the Suzhou plant which we opened in September, will help facilitate these goals by serving as platforms for further expansion.
In China, Akzo Nobel currently has 15 operations, including 10 production facilities, representing its three areas of business. One major operation is a 50-50 joint venture; all other operations are majority or wholly owned. The recently opened Suzhou site and the Dongguan City plant are 100 per cent Akzo Nobel facilities. The monochloroacetic acid plant under construction in Taixing,is also wholly owned.
