Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Akzo Nobel In Mexican Powder Coatings Venture
Oct 10, 2002
 Printable format
 Email this Article
 Search

Akzo Nobel Coatings, based in The Netherlands, said today it purchased a 50-percent stake in leading Mexican powder coatings producer, Industrial de Acabados, S.A. de C.V. (INDA). The new joint venture company, Akzo Nobel INDA, S.A. de C.V., will manufacture and market powder coatings products under the global Interpon® Powder Coatings brand from existing INDA facilities in Monterrey, Mexico.

“This investment underlines our continuing commitment to the global expansion of our powder coatings business,” said Rudy van der Meer, member of Akzo Nobel’s board of management responsible for coatings. “Powder coatings is one of the important growth sectors of the world’s coatings market, and one in which we already have a leading position. Mexico continues to grow in importance as a key industrial manufacturing base within the North American Free Trade Agreement (NAFTA) and this investment will open up significant opportunities for us.”

“Many of our international customers have located their manufacturing in Mexico," said Powder Coatings Business Unit General Manager Bill McPherson. "This investment reflects one particularly important aspect of our global strategy, which is to supply our customers with the powder coatings products and services that they need, wherever they operate. INDA is a well-established and well-respected supplier of powder coatings in Mexico. Not only does the new joint venture boost our capability of serving existing customers in Mexico, but our Interpon powder technologies, products and services are also a perfect fit with INDA’s customer base.”

“INDA is a pioneer company in the powder coatings industry in Mexico," said Enrique G. Meyer, president of Akzo Nobel INDA. "We are sure that the association with Akzo Nobel will prove to be very beneficial in servicing our current customer base with new products and will permit us to grow in a wider spectrum of market segments.”

Back to Daily News

 

Daily News

...........................................................

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

Jul 22, 2014: Whirlpool Launches Hybrid Heat Pump Dryer

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows