Akzo Nobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has completed phase one of the €2.5-million expansion of its performance coatings plant in Cikarang, Indonesia.
The investment will increase capacity at the facility by 40%, and will help the company meet growing domestic demand – driven by the petrochemical and power sectors – for its International brand marine and protective coatings products.
Speaking at the recent inauguration ceremony, Mauricio Bannwart, Managing Director of AkzoNobel’s Protective Coatings business, said: “This investment is a testament to our commitment to Indonesia, which continues to improve its position as an emerging market. We have installed state-of -the-art, automated equipment at Cikarang, which will significantly improve product quality, safety and sustainability standards.”
Having first established itself in Indonesia in 1971, AkzoNobel has since become the largest paints and coatings producer in the country. The company operates three manufacturing sites, supplying both decorative and performance coatings.