AkzoNobel opens new coatings plant in India

AkzoNobel has strengthened its manufacturing footprint in India by opening a new INR 140 crores decorative paints plant in Gwalior, which will have an annual capacity of 55 million liters.
The eco-efficient Greenfield facility – AkzoNobel’s sixth factory in India – will supply a range of decorative paints, and create improved distribution channels for the popular Dulux brand. The new site will also help speed up transportation time and reduce the cost of logistics.
Speaking at today’s official inauguration, AkzoNobel CEO Ton Büchner said: “India plays an extremely important role in our growth strategy and the new Gwalior site underlines our commitment to creating a leading coatings powerhouse in India.“As a global leader in sustainability, I’m also pleased that the plant has focused so heavily on energy, water and resource conservation, which will be vital in helping us to create more value from fewer resources.” Added Amit Jain, Managing Director of Akzo Nobel India: “The Gwalior plant will provide costeffective access to key markets in the northern and central areas of India. This will greatly reinforce our strategy of expanding Dulux distribution, as well as improving customer service in these high growth regions.”
The factory has been built on 9,000m2 of land, with a greenbelt area of 9,000m2, while sufficient infrastructure is in place to support future expansion plans. Provision has also been made to accommodate key suppliers, allowing for a smoother manufacturing process.
Special sustainability features include rainwater harvesting and energy efficient pumping systems, while 20 percent of the roofing area allows natural daylight to flood in, reducing the need for artificial lighting. Akzo Nobel currently employs around 1,800 people in India.

About Akzo Nobel India
Present in India for over 100 years and a significant player in the Paints industry. Over the years, it witnessed sustained expansion, growth and transformation. In 2008, the Company became a member of the AkzoNobel Group. Akzo Nobel India manufactures and markets a wide range of coatings covering Decorative, Powder, Marine, Protective, Automotive & Aerospace, Coil & Specialty Plastics as well as Specialty chemicals. Akzo Nobel India has manufacturing sites, offices and distribution network spread across the country. All its manufacturing facilities have state-of-the-art environmental management systems. Its commitment to Health, Safety, Environment & Security (HSE&S) has been amongst the best-in-class, with due care being taken to protect the people and the environment.
www.akzonobel.com/in

Infosys BPO Selected by AkzoNobel to Transform its Finance & Accounting Processes

Infosys BPO today announced that it has been selected by AkzoNobel, a leading global paint and coatings company and a major producer of specialty chemicals, to transform their finance and accounting (F&A) processes to deliver higher operational efficiencies and performance. Infosys BPO will play a key role in accelerating AkzoNobel’s finance transformation program and streamline accompanying operations for AkzoNobel’s decorative business in over 30 countries across Europe, the Middle East and Africa.

Highlights

Infosys BPO will consolidate the F&A processes at AkzoNobel. They will leverage proven business process management & technology solutions to accelerate operational efficiencies, improve controls and drive optimization.
Infosys BPO will deliver the services out of its global delivery centers in Poland and India, in multiple European languages including Dutch, English, French, German, Italian, Spanish and Swedish.
This win reiterates Infosys BPO’s leading credentials in the complex global F&A transformation market globally and in Europe.

Quotes

Hans De Vriese, Corporate Director Control AkzoNobel:
“In our challenging business environment, AkzoNobel needs to deliver leading performance. Our business expects Finance to deliver high quality services more efficiently, and our goal is to concentrate our Finance transaction processing into a shared services model. Infosys was selected by AkzoNobel to accelerate this change, to provide their broad knowledge and experience in our transformation program, and to partner with AkzoNobel in achieving best in class performance.”

Gautam Thakkar, Chief Executive Officer and Managing Director, Infosys BPO:
“To succeed in a dynamic business environment, organizations like AkzoNobel need to be focused on their core business. They are looking to partner with experts to manage the supporting operations needed to keep their business running smoothly. Infosys BPO will put into play the deep knowledge and wide experience of managing finance and accounting processes for leading organizations globally to support AkzoNobel in transforming their existing processes to realize enhanced business value.”

About AkzoNobel
AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to delivering leading products and technologies to meet the growing demands of our fast-changing world. www.akzonobel.com

About Infosys
Infosys is a global leader in consulting, technology and outsourcing solutions. We enable clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition. We help them transform and thrive in a changing world by co-creating breakthrough solutions that combine strategic insights and execution excellence.

Visit www.infosys.com to see how Infosys (NYSE: INFY), with $7.4B in annual revenues and 155,000+ employees, is Building Tomorrow's Enterprise® today.

About Infosys BPO
Infosys BPO Ltd. (www.infosysbpo.com), the business process outsourcing subsidiary of Infosys Ltd., was set up in April 2002. Infosys BPO focuses on integrated end-to-end outsourcing and delivers transformational benefits to its clients through reduced costs, ongoing productivity improvements, and process reengineering. Infosys BPO operates in India, Poland, the Czech Republic, the Netherlands, South Africa, Brazil, Mexico, Costa Rica, the United States, China, the Philippines, Japan and Australia, and as of June 30, 2013, employed 27,491 people. It closed FY 2012-13 with revenues of $583.1 million.