20-Million-Dollar Investment Akzo Nobel to Invest in Two Sites in France

Source: Press release MA Alexander Stark

Related Vendors

A 20 million dollar investment has been announced by Akzo Nobel to increase and improve production at two of its sites in France. Around 30 new jobs will be created.

The Akzo Nobel site in Pamiers, France(Source:  Akzo Nobel)
The Akzo Nobel site in Pamiers, France
(Source: Akzo Nobel)

Special chemicals company Akzo Nobel announced two investments at its sites in Pamiers and Montataire, France.

A total of 15 million dollars will be spent on the company’s aerospace coatings facility in Pamiers, which was taken over following the Mapaero acquisition in 2019. Production capacity is being boosted by 50 %, while the funds will also be used to reduce environmental impact and improve safety processes and working conditions.

The other five million dollars will be spent on improving production flexibility at the decorative paints site in Montataire, which is one of the company’s most important manufacturing locations for wall paints in Europe.

The plans for Pamiers include the construction of two extensions, one for storage and one for cleaning and waste treatment. The project will also enable the company to relocate the production of exterior polyurethane paints for aircraft widely used in Europe from its Waukegan plant in the US.

Building work is expected to start by the end of 2023, with the new installations at both locations due to be operational in early 2025.

(ID:48477443)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Unfold for details of your consent