Tag: Akzonobel

AkzoNobel opens a EUR9 million plant in India
Global

AkzoNobel opens a EUR9 million plant in India

AkzoNobel has opened a new €9 million facility for the production of powder coatings. Located in Thane, Mumbai, the plant is the company’s sixth production site in India. Speaking at the inauguration ceremony, AkzoNobel CEO, Thierry Vanlancker, said: “India continues to be a high growth market for us and the […]

Nuon signs energy contract with AkzoNobel
Global

Nuon signs energy contract with AkzoNobel

Nuon is to supply flexible energy to three of AkzoNobel’s chemical production sites in the Netherlands as part of an agreement to purchase a total net volume of 1.5 TWh. AkzoNobel said in a statement that the deal will allow AkzoNobel to take advantage of flexibility in its chemical production […]

AkzoNobel to invest EUR4 million at Sweden chemical unit
Global

AkzoNobel to invest EUR4 million at Sweden chemical unit

AkzoNobel said its Specialty Chemicals business is investing more than €4 million to increase production capacity in Sweden for its Levasil CC-branded product line of patented surface modified colloidal silica. The group said the expansion will help meet growing customer demand and will strengthen the company’s market leadership position. A […]

AkzoNobel to cut off chemical unit as separate business
Global

AkzoNobel to cut off chemical unit as separate business

Shareholders of AkzoNobel N.V. approved the separation of its Specialty Chemicals business as part of its strategy to create two focused, high performing businesses; Paints and Coatings and Specialty Chemicals. The appointment of new Chief Financial Officer Maarten de Vries as a member of the Board of Management, effective January […]

AkzoNobel agrees to acquire Thailand-based V.Powdertech
Global

AkzoNobel agrees to acquire Thailand-based V.Powdertech

AkzoNobel said it has agreed to acquire the business of V.Powdertech Co., Ltd., a leading Thai manufacturer of powder coatings, supplying a range of products for domestic appliances, furniture and general industrial applications, and currently employing more than 250 employees. The acquisition of V.Powdertech will bring new technologies and services […]

Sweden adjudged best country to be an immigrant
Global

Akzonobel enters Sweden with its expansion project

AkzoNobel’s has broken ground at its Kvarntorp plant in Sweden as part of a project to expand production capacity for chelated micronutrients, which are used as essential minerals in the agricultural market. The investment of more than €10 million will help meet growing demand for micronutrients, particularly in regions with […]

AkzoNobel completes USD10 million sulfur investment in LeMoyne
Global

AkzoNobel completes USD10 million sulfur investment in LeMoyne

AkzoNobel’s Specialty Chemicals business has completed a $10 million investment at its LeMoyne sulfur derivatives plant in the US, which supplies essential ingredients used in several major industries. Located in Alabama, the investment includes a 20,000 dry metric ton expansion for the production of sodium hydrosulfide (NaSH), which the company […]