# AkzoNobel invests €50M to expand wood coatings

AkzoNobel held a groundbreaking to announce a €50 million investment to expand the company's wood coatings division.

- Type: Investment
- Announced: 2019-11-18
- Value: $55.0M (50.0M EUR)
- Status: announced
- Products: wood coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AkzoNobel](https://endata.com/companies/11242.md)

## Sources

- [innov8chem.com](https://www.innov8chem.com/2019/), 2019-12-20: "AkzoNobel held a groundbreaking to announce its €50 million investment to expand the company’s wood coatings division."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.