AkzoNobel opens state-of-the-art vehicle refinishes plant in China
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AkzoNobel has started operations at its state-of-the-art vehicle refinishes plant in Changzhou, China - the company's 30th manufacturing facility in the country.
The new factory adds around 25 million liters of capacity for Sikkens, Lesonal and Prime vehicle refinishes products and strengthens AkzoNobel's position as one of the leading players in China's vehicle refinishes and commercial vehicle OEM markets, building on its acquisition of Changzhou Prime Automotive Ltd. in 2010.
Commenting on the start of operations, Conrad Keijzer, the AkzoNobel Executive Committee member responsible for Performance Coatings, said: "The new plant in Changzhou underlines our commitment to investing in China and strengthens our ability to manufacture locally developed product, particularly for the fast-growing mid-tier vehicle refinishes market."
AkzoNobel currently employs more than 8,000 people in China. Revenues totaled €1.6 billion in 2013, with the majority being generated from local demand.
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