Akzo Nobel starts Dubai powder coatings plant

24 January 2008 08:12  [Source: ICIS news]

MUMBAI (ICIS news)--Akzo Nobel Powder Coatings opened its first manufacturing facility at Jebel Ali in Dubai, United Arab Emirates, to strengthen its presence in the Middle East market, the Dutch firm said on Thursday.

"The new site offers a full range of services and products, including color matching, rapid made-to-order products, and technical support," it added.

"There is huge growth potential in the Middle East, particularly in the architectural sector, which accounts for around 60% of the area's powder coatings market," powder coatings general manager Rob Molenaar said.

The investment, which accelerates the company's Middle East growth plans, follows the recent acquisition of ICI and underlines the strategic importance of the region to the powder coatings business, it said.

"As the world's largest coatings company and the global leader in powder coatings we are committed to expanding in key markets around the world," said Akzo Nobel CEO Hans Wijers.

This investment ensures that the company further establishes itself at the heart of an increasingly attractive region, he added.

Akzo Nobel Powder Coatings is the largest global manufacturer of powder coatings, which are used on metal furniture, window frames, radiators, pipes, cars, wood and plastic, and a world leader in powder coatings technology, it said.

By: Divya Chowdhury
+65 6780 4359

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