AkzoNobel chemical leasing powder coatings
Provide coatings as a chemical leasing business model.
Powder coatings are a sustainable way to apply colour and a protective covering to finished objects. The method is more sustainable than coating in situ and does not involve solvents or volatile organic compounds (VOCs). The powder is sprayed onto the substrate surface (sometimes pre-treated) with virtually all the excess powder recycled. The coating is electrically charged as it is sprayed onto the surface to be coated and then baked in an oven, where the powder particles melt and fuse into a smooth coating. The result is a uniform, durable, high quality, environmentally safe and attractive finish.
Given the efficiency of the approach, powder coating lends itself well to chemical leasing. This is a business model where the customer pays for the benefits obtained from the chemical, not for the substance itself. Supplier success is not linked with product turnover and chemical consumption becomes a cost rather than a revenue factor, thus requiring the use of chemicals to be optimised.
With a chemical leasing business model, AkzoNobel Egypt is providing the coating powder, managing and supervising the powder coating process of domestic appliances at ABB’s ARAB plant in Egypt. Furthermore, AkzoNobel Egypt is providing a certain number of coated square metres per month against a fixed price. The offered service includes capacity building of the ABB ARAB technical staff.