European Coatings Journal - 17.03.2022 | INDUSTRY NEWS

MARKET MOVES

Investment Akzo Nobel has announced plans to invest in the expansion of in-house resin manufacturing as part of the company's grow & deliver strategy. The scaleup program, which is already underway, is intended to help build resilience against supply disruptions. The plans include investing in sites, equipment and the people needed to optimally run them. They were developed after an internal resins team was tasked with investigating opportunities to unlock more value and make the company more self-sufficient. The investment is expected to contribute around EUR 15 to EUR 20 million in EBITDA by 2023. ...
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