Axalta Invests in Turkey
Axalta acquires new manufacturing site in Turkey for its Powder Coatings
Basel, Switzerland – 17 October 2019 – Axalta (NYSE: AXTA) has recently acquired a manufacturing site in Çerkezköy, Turkey, for its Powder Coating business. The facility, which is currently being upgraded, will support the growth of Axalta’s Powder Coatings business across the region. The new facility will host the production of all Axalta’s premium powder product ranges including the Matt (AE30 & SD30), Fine Textured (AE03 & SD03) and Semi-Gloss (AE70 & SD70) Collections all specifically designed for architectural applications.
Klaus Gast, Business Director for Axalta’s Powder Coatings business in Europe, the Middle East and Africa (EMEA), says, “This is an exciting opportunity for Axalta to grow its Powder Coatings business in the region. By purchasing an established powder manufacturing site, we will be able to service that market very quickly. Our customers in Turkey and the surrounding regions will enjoy even quicker responses to their increasing demand for high quality products.”
All of Axalta’s premium powder coatings products manufactured in Turkey will meet the requirements of Qualicoat Classes I and II and will be free of heavy metal pigmentation and TGIC (Triglycidyl Isocyanurate) free.
“To further demonstrate Axalta’s continued commitment to meeting our customers’ evolving needs, we will also open a new Colour Experience Room in Istanbul in late 2019 where architects and designers can explore our extensive range of powder coatings for metal substrates,” Gast says. “It is crucial to recognise the importance of the Turkish powder coatings market, which is one of the largest in Europe, and which continues to grow.”
For more information on Axalta and its Powder Coatings business, visit, www.axalta.co.uk.
Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, buildings, pipelines and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With more than 150 years of experience in the coatings industry, the 14,000 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology. For more information visit axalta.co.uk and follow us @Axalta on Twitter and on LinkedIn.