European Coatings Journal - 15.05.2024 | TOP INDUS TRY MOVE

GROWING GLOBALLY

In Pakistan, Akzo Nobel has recently invested 8 billion Pakistani Rupees, which is approximately EUR 26 million. According to a spokesperson at Akzo Nobel, this is the company's biggest investment in Pakistan until now. "Our investment in this greenfield site reaffirms our commitment to grow in Pakistan," said Mubbasher Omar, CEO of Akzo Nobel Pakistan. "With the industry rebound expected in the coming years, Akzo Nobel aims to further build on its sustained growth momentum across protective and automotive coatings." The location is also an important factor. "The new facility, located on the China Pakistan Economic Corridor (CPEC) route, especially ...
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