The newly-implemented facility of AkzoNobel will produce several coatings for the automotive market.
The international paints and coatings manufacturer AkzoNobel
has recently inaugurated a new production facility worth 26 million euros in Faisalabad (Pakistan).
The new site will produce decorative paints as well as automotive, specialty and protective coatings - thus helping to meet the growing customer demand in a variety of markets. In addition, a 5,450 m2 forest is incorporated in the Faisalabad locality – expected to become a thriving self-sustaining ecosystem in the next two years.
“Our investment in this greenfield site reaffirms our commitment to grow in Pakistan. It will fuel our ambition to diversify with sustainable innovations and enter new segments in the domestic market, while also providing new opportunities to delight customers beyond Pakistan,” has stated Mubbasher Omar, CEO of Akzo Nobel Pakistan Limited.
The site was built to meet the company's rigorous
environmental standards and includes a number of sustainability features, such as renewable energy generation and energy-efficient design.
“We have also integrated agile manufacturing to accommodate future expansion in production volumes, thereby allowing AkzoNobel to be more competitive in the market. It’s the next step in continuing to build on the company’s 60-year track record of delighting paints and coatings customers in Pakistan with world class solutions,” has added Mubbasher Omar.