Decorative Paints Coatings AzkoNobel Builds New Decorative Paints Production in England
AzkoNobel, one of the leading producers of paints and coating, announced plans to invest around EUR 110 million in a state-of-the-art paints production at Slough, England.
Amsterdam/The Netherlands – These plans also include a proposal to close Azko Nobels existing production site in Prudhoe, some 25 miles away from Slough. These plans will now be put forward to employees for consultation. AzkoNobel plans to keep the production at Prudhoe before completing the new paints production in Slough in December 2014. Slough will, according to company officials, become the headquarters for the UK Decorative Paints business and for global research and development, and marketing once the operations are transferred.
Richard Stuckes, Managing Director of AkzoNobel Decorative Paints EMEA, said: "This is part of a wide-ranging European strategy designed to strengthen our leadership positions and accelerate sustainable growth. A new facility of this size and sophistication will enable us to be more agile and competitive, while dramatically reducing our impact on the environment, due to lower energy consumption and less waste."
Azko Nobel claims that a new factory design and the recycling and reuse of process water could cut energy consumption by around 60 percent compared to the production in Prudhoe. Continued Stuckes: "Before making any final decision on the proposal, we will now enter into a period of consultation with our employees. If the project goes ahead, there would be relocation possibilities for those with the desired skill-set who wish to transfer to the new site."