AkzoNobel Completes Capacity Expansion at Vietnam Multi-site
AkzoNobel has completed a significant investment project at its production facility in Bac Ninh province, Vietnam, aimed at strengthening the company’s position in Asia and focusing on more sustainable manufacturing. The total investment amounts to €18.5 million.
Five new powder coating lines have been added at the multi-site, along with a line for producing water-based products for the consumer electronics market (IT, wireless and home appliances).
“The cutting-edge powder coating lines we’ve installed will help us to grow with our customers, serve them faster and pave the way for a more sustainable future,” says Jeff Jirak, Managing Director of AkzoNobel’s Powder Coatings business. “Increasing capacity at the site will enable us to focus on supporting volume growth in the northern part of the country, while our Dong Nai facility covers the southern part of Vietnam. It means we can now focus on streamlining our manufacturing processes to meet the diverse needs of the Vietnam market.”
The expanded production facility in Bac Ninh, Vietnam is now equipped with a fully automated warehouse for consumer electronics. The installation of advanced equipment and a new water-based product line aligns with their goal to reduce carbon emissions by 2030.
“We can now offer the latest water-based technology to our Vietnam-based multinational customers, including key Asian consumer electronic brands,” explains Maximilien Schréder, Global Director of AkzoNobel’s Consumer Electronics business. “This represents another important step forward in terms of helping to reduce the overall carbon footprint of our customers.”
Adding the new lines in Bac Ninh is the latest in a series of investments in the South Asia region, following recent capacity expansions in Pakistan, Thailand and Australia. There also have recently been expansions in Italy to support the EMEA region.
