- Akzo Nobel is investing EUR 12 million in its Cernobbio powder coatings facility.
- The expansion will double the site's powder production capacity.
- 22,000 sq meters of land has been purchased for the expansion.
- The Argenta facility's production capacity has also doubled over the last two years.
Investment and Expansion
Akzo Nobel Coatings is investing EUR 12 million in its powder coatings facility in Cernobbio, Italy. This expansion plan aims to double the production capacity at the site, making it the largest single production unit for thermosetting powder coatings globally.
Strategic Importance
Italy is a key player in the powder coatings market, being the largest producer in Europe and the second largest worldwide after the United States. Powder coatings have been a significant part of the Italian market since the 1960s, becoming the top finishing choice across various sectors.
Land Acquisition
To facilitate this expansion, Akzo Nobel has acquired 22,000 square meters of land adjacent to its existing Cernobbio site. This additional space is crucial for the planned increase in manufacturing capacity.
Additional Investments
In addition to the Cernobbio expansion, Akzo Nobel has also significantly invested in its Argenta facility in Italy, which has seen its production capacity double over the past two years.
Market Reach
Italy has traditionally been a leading supplier of powder coatings to Eastern European countries. This investment will help Akzo Nobel meet the growing demand from these regions and improve response times for orders in key markets such as architectural metal, domestic appliances, and metal furniture.
