AkzoNobel opens new coatings plant in India
AMSTERDAM, Netherlands, Oct. 28, 2013 (GLOBE NEWSWIRE) --
AkzoNobel has strengthened its manufacturing footprint in India by opening a new
€20 million decorative paints plant in Gwalior, which will have an annual
capacity of 55 million liters.
The eco-efficient Greenfield facility - AkzoNobel's sixth factory in India -
will supply a range of decorative paints and create improved distribution
channels for the popular Dulux brand. The new site will also help speed up
transportation times and reduce the cost of logistics.
Speaking at today's official inauguration, AkzoNobel CEO Ton Büchner said:
"India plays an extremely important role in our growth strategy and the new
Gwalior site underlines our commitment to creating a leading coatings powerhouse
"As a global leader in sustainability, I'm also pleased that the plant has
focused so heavily on energy, water and resource conservation, which will be
vital in helping us to create more value from fewer resources."
Added Amit Jain, Managing Director of AkzoNobel India: "The Gwalior plant will
provide cost-effective access to key markets in the northern and central areas
of India. This will greatly reinforce our strategy of expanding Dulux
distribution, as well as improving customer service in these high growth
The factory has been built on 9,000m(2 )of land, with a greenbelt area of
9,000m(2), while sufficient infrastructure is in place to support future
expansion plans. Provision has also been made to accommodate key suppliers,
allowing for a smoother manufacturing process.
Special sustainability features include rainwater harvesting and energy
efficient pumping systems, while 20 percent of the roofing area allows natural
daylight to flood in, reducing the need for artificial lighting.
AkzoNobel currently employs around 1,800 people in India.
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AkzoNobel is a leading global paints and coatings company and a major producer
of specialty chemicals. We supply industries and consumers worldwide with
innovative products and are passionate about developing sustainable answers for
our customers. Our portfolio includes well-known brands such as Dulux, Sikkens,
International and Eka. Headquartered in Amsterdam, the Netherlands, we are
consistently ranked as one of the leaders in the area of sustainability. With
operations in more than 80 countries, our 50,000 people around the world are
committed to delivering leading products and technologies to meet the growing
demands of our fast-changing world.
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AkzoNobel Press Release: http://hugin.info/130660/R/1738068/583148.pdf
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