By Delly Waigeno – EM TV News, Port Moresby
One of the world’s largest paint and coating companies, AkzoNobel, has celebrated its 50th anniversary of doing business in Papua New Guinea.
Their journey began in 1966 when a manufacturing plant was set up in Rabaul, East New Britain.
However it was destroyed during the 1994 volcanic eruptions and then moved to Port Moresby.
Since then, its popular product Taubmans has grown to become a strong and prominent household brand in PNG.
Going forward, Regional Director, Jeremy Rowe, said AkzoNobel is familiar with the economic cycles that countries go through, and that PNG is no exception with what is happening at present.
In terms of their investment in PNG, Rowe said growth markets in Asia and PNG are important to their business. He said that whatever happens in PNG, AkzoNobel is here for the long haul.
AkzoNobel’s 50 years existence in PNG hasn’t been without challenges.
Because AkzoNobel’s business involves a lot of chemicals, Country Director, Mikael Ruben, said the company is also focused on sustainability and responsibility for the environment.
Management, staff and invited guests of AkzoNobel gathered at the Laguna Hotel in Port Moresby to celebrate the company’s Golden Jubilee anniversary.
Rowe said the global company has been around since the 17th Century with its core business in chemicals, coatings and innovation.