AkzoNobel India inaugurates Powder Coatings facility in Mumbai

AkzoNobel inaugurated Powder Coatings facility with an investment of ?650 million in Thane, Mumbai. This is AkzoNobel’s sixth facility in India. The new facility will complement AkzoNobel’s existing plant in Bangalore, adding new product lines in bonded metallic powder and pipe and re-bar coatings. Thierry Vanlancker, CEO, AkzoNobel N.V. said, “India continues to be a high-growth market for AkzoNobel and the launch of the new Powder Coatings facility will only further strengthen our manufacturing footprint in the country. With this plant we intend to increase capacity in the region, which forms an important part of our organic growth plan.”