Innovation
Media release
AkzoNobel to support global expansion of Chinese energy giant Sinopec
December 10, 2024
(AKZA; AKZOY)
AkzoNobel’s Marine and Protective Coatings business has signed a Memorandum of Cooperation with Sinopec to support the Chinese energy and chemical company’s global expansion while jointly promoting the ongoing transition to green energy.
The partnership – which builds on a relationship that first started in the early 2000s – will leverage AkzoNobel’s global presence and centers on the supply of International® high-performance coatings products to Sinopec and its affiliated institutions for overseas construction projects.
It includes providing anti-corrosive coatings for steel structures, protective coatings specifically designed for high temperature resistance, chemical-resistant coatings for storage tanks and high-performance fireproof coatings. They’ll be used for projects that demand uncompromising quality, such as building refining facilities, natural gas processing plants and chemical production sites.
“Having already successfully collaborated with Sinopec on several landmark projects, we’re honored to strengthen our partnership, reflecting our shared vision to advance towards a more sustainable future,” says Simon Parker, Director of AkzoNobel’s Marine and Protective Coatings business and member of the Executive Committee.
One of China’s largest integrated energy and chemical companies, Sinopec (China Petroleum and Chemical Corporation) is actively promoting the transformation and upgrading of its traditional businesses, enhancing its green energy supply capabilities and advancing energy conservation and emissions reduction.
The track record between the two parties already includes several major projects, such as Sinopec Zhenhai Refining & Chemical Company’s million ton ethylene project and the Petronas RAPID project in Malaysia.
Adds Parker: “Our International products have been used on everything from some of the world’s most sustainable buildings to projects in impossibly remote areas. This is another opportunity to use our extensive industry experience and exceptional product portfolio to help a customer thrive in the global arena.”
The signing ceremony took place during the recent opening of the 7th China International Import Expo (CIIE) in Shanghai.
To learn more about AkzoNobel’s International protective coatings, visit the website.
About AkzoNobel
Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together.
