The plant, which employs 90, has been expanded by 20,000 square feet to accommodate two state-of-the-art lines for bonded metallic powder and automated packaging capabilities.
AkzoNobel CEO, Greg Poux-Guillaume, commented, “In the first quarter of 2023, our key markets proved to be resilient despite unfavorable macroeconomic conditions.”
Reporting to the Senior Vice President, Operations, the VP, Procurement and CPO will be responsible for leading the company’s global procurement team, processes, and strategy.
The global paint and coatings market is projected to grow at a CAGR of 7.73%, between 2023 and 2030. The report is broken down by product, resin type, and end user, and shows the cumulative impact of high inflation.
The quarter posted record net sales. Tim Knavish, PPG President and Chief Executive Officer, commented that “improving results are despite macroeconomic conditions that remain challenging and reflect the strengths of our diverse business portfolio.”
President and CEO Dr. Rick Michelman comments that the rating “exemplifies our focus on Innovating a Sustainable Future” and also highlights the recent hiring of a Chief Science and Sustainability Officer (CSSO).
Challenging projects that preserved a nuclear-powered U.S. Navy vessel and protected a new renewable energy-producing dairy waste digester demonstrated excellence in the coatings industry.
