Akzo Nobel India has opened a new production facility in Thane, India on July 11, 2014 to manufacture coatings for the metal packaging and flexible packaging industries. Built at an investment of Rs 14.50 crore, the primary markets the production facility site will serve are India, Bangladesh, Sri Lanka, and Southeast Asia.
This production facility called Project ‘Taj’, has a capacity of 5,000 tons a year and is set to produce a broad range of products including specialized coatings for food and beer cans, internal and external coatings for caps and closures, and water-borne external coatings for beverage cans. The new production facility will also be capable of producing various functional and barrier coatings for the flexible packaging industry.
Akzo Nobel India (formerly ICI India) is engaged in manufacturing and marketing of paints, speciality chemicals, adhesives and starch. The company’s origin goes way back in 1926 when Brunner Mond & Co, one of the four companies was combined to form ICI in UK. This company operated as a trading office in Calcutta to sell alkalis and dyes.
| Company Name | CMP |
|---|---|
| Asian Paints | 2463.40 |
| Berger Paints India | 468.80 |
| Kansai Nerolac Paint | 203.05 |
| JSW Dulux | 2930.65 |
| Indigo Paints | 839.55 |
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