13 November 2008 16:30 [Source: ICIS news]
LONDON (ICIS news)--Akzo Nobel plans to build a coil and specialty plastics coatings plant in Hoskote, near Bangalore, India, to capture growth in fast growing domestic end-user markets, the Dutch coatings major said on Thursday.
To be built on an existing Akzo Nobel site, the proposed plant would produce coil coatings for the high performance steel and aluminium construction markets in ?xml:namespace>
The company said demand in
Construction of the first phase of the project was expected to be completed in early 2010.
“We are convinced that
Akzo Nobel has targeted a substantial increase of turnover in
The company was not available to provide the capacity of the plant or any information of the investment.
($1 = €0.80)
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