AzkoNobel selects L&T Technology to increase engineering efficiency and lower Capex

17-Jul-14

L&T Technology Services will provide engineering services for CAPEX projects by executing non IP-sensitive engineering activities in the Front End Engineering Design and in the Detailed Design phase. In addition, this will also provide access to a large vendor network and support shortening of project lead times. L&T Technology Services has been selected by AkzoNobel to provide technical services in a move to further drive engineering excellence and cut back costs in its capital expenditure (CAPEX). L&T Technology Services will use AkzoNobel’s systems, tools and methods to provide engineering services in order to safeguard the quality and incorporation of AkzoNobel’s engineering and Health Safety & Environment (HSE) standards. As an integral part of this association, L&T Technology Services will have a core team that will support and work closely with AkzoNobel’s Projects & Engineering Teams. David Allen, Head of Supply Chain, Research & Development, AkzoNobel said, “In L&T Technology Services we have found a competent and an experienced engineering company with a global presence. We are confident to execute our capital projects safely, reliably and more efficiently with them.” Also speaking on this occasion, Dr Keshab Panda, Chief Executive, L&T Technology Services, said, “We are proud to be providing technical support to AkzoNobel. We look forward to closely work together to further align our engineering standards, tools and work processes and execute pilot projects in the next few months.”