Textile

AkzoNobel plans closure of sites in Netherlands, Ireland & Zambia

24 May '24
15 min read
AkzoNobel plans closure of sites in Netherlands, Ireland & Zambia
Pic: AkzoNobel

Insights

AkzoNobel has announced the intention to close the manufacturing sites of Groot-Ammers (The Netherlands), Cork (Ireland) and Lusaka (Zambia) and transfer the production to other locations in the region. This intention is the first part of a multi-year industrial efficiency plan to be fully finalized by the end of 2026.

The intended site closures align with AkzoNobel's strategic priorities and its commitment to industrial excellence. By focusing on units with scale and higher cost efficiencies, AkzoNobel aims to rationalize, upgrade and optimize its industrial network to improve competitiveness and drive sustainable growth.

The related social partners have been informed about the intended closures and next steps. Finalization will follow after the usual consultation process with employees and local social partners.

Note: The content of this press release has not been edited by Fibre2Fashion staff.

Fibre2Fashion News Desk (HU)