Amsterdam, the Netherlands - Akzo Nobel Powder Coatings opened a facility in Dubai on 24 Jan, which the group said gives the business a stronger presence in the important Middle East market.
The plant, in Jebel Ali, 35 km south west of Dubai, is Akzo Nobel's first in the United Arab Emirates, and, said the group, represents an acceleration of its Middle East growth plans after the recent acquisition of ICI.
The move "underlines the strategic importance of the region to the Powder Coatings business," said an Akzo Nobel statement.
"As the world's largest coatings company and the global leader in powder coatings we are committed to expanding in key markets around the world," said Akzo Nobel ceo Hans Wijers, in the company statement. "This investment will therefore ensure that we further establish ourselves at the heart of an increasingly attractive region."
And according to Powder Coatings general manager Rob Molenaar: "There is huge growth potential in the Middle East, particularly in the architectural sector, which accounts for around 60 percent of the area's powder coatings market."
Akzo Nobel claims to be both the largest global manufacturer of powder coatings and a world leader in the technology. Powder coatings are used on products ranging from metal furniture and window frames, to radiators, pipes and cars and even wood and plastic.