PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Marine Industry Coating Systems: Selecting and Sourcing

Paint and Coatings Industry News

Main News Page


AkzoNobel Kicks Off $1B+ Push in India

Wednesday, February 9, 2011

More items for Coating Materials

Comment | More

AkzoNobel has launched an aggressive five-year growth plan in India with the opening of a new industrial coatings plant near Bangalore.

The world’s largest paint and coatings company is aiming to increase revenues from its India operations to €1 billion ($1.37 billion US) within five years.

The new facility, which will produce coil and specialty plastic coatings, is located in Hoskote on an AkzoNobel site that now manufactures marine and protective coatings, automotive coatings and powder coatings.

‘Economic Powerhouse’

“India will develop into one of the world’s economic powerhouses, and it ranks very highly on our list of priority high-growth countries,” said Leif Darner, the AkzoNobel board member responsible for Performance Coatings.

Leif Darner

“We are already well represented in India, but as the largest global producer of coatings, we are committed to making a significant contribution to the country’s continued development.”

Increasing capacity in India is critical to meet growing local demand, added Conrad Keijzer, Managing Director of AkzoNobel Industrial Coatings.

“This is being driven by a number of factors, particularly the rapid increase in average household incomes and the associated growth of the housing, construction, consumer electronics and automotive sectors.”

Coatings in Demand

The technologies most in demand in the region include laser-etch coatings for the automotive industry, soft-touch technology for smart phones, and coil coatings for high-performance steel and aluminum construction markets, the company reports.

The new Bangalore facility will be capable of manufacturing up to 18 million liters (about 4.8 million gallons US) per year, with scope for further expansion as demand grows in India and neighboring countries, AkzoNobel said.

AkzoNobel employs about 1,500 people in India, where it operates six production facilities, two research laboratories, and about a dozen sales locations, representing activities from across all of the company’s coatings and specialty chemicals businesses.

   

Tagged categories: AkzoNobel; Coatings manufacturers; Expansions; Marine Coatings; Protective coatings

Comment from R.K. Singh, (2/12/2011, 2:44 AM)

Akzo is a world-class company known for its customer-specific product development, which satisfies the needs of industrial & domestic users.


Comment from Sanjeev Mehrotra, (2/15/2011, 6:22 AM)

I would like to have an association with AkzoNobel expansion plans in India. Thanks.


Comment Join the Conversation:

Sign in to our community to add your comments.

International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment


    Wasser High-Tech Coatings Inc.
    Wasser Coatings Protect

    some of the most important bridges in the country; learn about our NEPCOAT-approved system and our entire range of MCU & Polyurea coatings. 1-800-627-2968 www.wassercoatings.com


    BASF
    New resins from BASF will have metals loving water:

    Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
    polyorders@basf.com
    800-231-7868


    Polyval Coatings
    Polyflex® Polyurea Linings

    exhibit outstanding versatility in use; providing abrasion resistance, superior seamless waterproofing and high-chem corrosion protection. www.polyflexlinings.com


    DRYCO
    DEHUMIDIFICATION FOR
    ANY SIZE PROJECT!

    Temporary climate control equipment. Dehumidifiers,
    Heaters, A/C, Power, More…
    Toll Free: 866-379-2600


    Carboline Company
    Hyrdrocarbon Fire & Jet Fire Protection

    Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology


    Minerals Research & Recovery

    HIGH PERFORMANCE ABRASIVES


    “Made in the USA!”

    Why recycle waste from other countries? Go FASTER, CLEANER, at 1/3 THE COST with MR&R “All-American” Sharpshot®HP!!

    WATCH THE VIDEO

  •  
     
     
    Technology Publishing

    The Technology Publishing Network

    The Journal of Protective Coatings & Linings (JPCL) PaintSquare
    Durability + Design Paint BidTracker JPCL Europe

     
    EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
    REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
    MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
     

    © Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
    2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com