# AkzoNobel to invest in expansion of in-house resin manufacturing

AkzoNobel announced plans to invest in expanding its in-house resin manufacturing capacity as part of its Grow & Deliver strategy. The investment is expected to contribute €15-20 million in EBITDA by 2023.

- Type: Investment
- Announced: 2022-02-15
- Status: announced
- Products: resins, coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

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

## Sources

- [akzonobel.com](https://www.akzonobel.com/en/media/media-releases/scaling-up-production-of-resins), 2022-02-15: "Further investing in our own resin capabilities will help us to secure sustainable business growth, as well as supporting our innovation pipeline and sustainability targets."

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