AkzoNobel Upgrades Chinese Location to Meet Coatings Demand
AkzoNobel's Suzhou plant receives a 14 million euro upgrade, set to double marine and protective coatings capacity by 2025 and meet growing market demand in China.
A newly updated and automated production line is up and running at AkzoNobel’s Suzhou site in China, part of a 14-million euros investment designed to accelerate growth and double the plant’s capacity for marine and protective coatings by 2025. The recent upgrade – which will already boost daily capacity by more than 40% – is scheduled to be followed by updates to three additional lines, which will result in the doubling of overall capacity before the end of next year.
“The continuous investments in Suzhou reaffirm our commitment to delivering the best solutions, quality and service to our customers,” says Simon Parker, director of AkzoNobel’s marine and protective coatings business. “The strategic enhancements we’re making will also enable us to adapt faster to the dynamic Chinese market.”
There’s growing demand for marine and protective coatings in China as it leads the global shipbuilding market. This demand includes a particular focus on high-performance antifoulings and wind power solutions and is being met by the company’s International, Intersleek, Relest and Chartek products.
“Improving production at the Suzhou site is another great example of the progress we’re making toward strengthening our business portfolio,” adds Karen-Marie Katholm, AkzoNobel’s chief integrated supply chain officer.
Other planned site improvements include accelerating Suzhou’s transition to using 100% renewable electricity by 2025, which will contribute to the company’s ambition of halving carbon emissions across the full value chain by 2030.
