An industry-first architectural powder coating which can be cured at temperatures as low as 150◦C – while still being Qualicoat class one certified – has been launched by AkzoNobel. Curing at temperatures 30°C lower than traditional powder coatings means that Interpon D1036 Low-E can help customers cut energy consumption by as much as 20%. It can … Read more
Akzo Nobel, a Dutch paints and coatings manufacturer, has reported better-than-expected demand in Europe and China as its first-quarter operating profit exceeded forecasts. The company attributed the positive results to higher prices and the reopening of China’s economy. While the company had raised prices to offset the steep raw material costs last year, it had … Read more
AkzoNobel is to further strengthen its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023. Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million. … Read more
AkzoNobel competes with U.S. rival PPG Industries on Monday, by making a $1.7 billion counterbid for Finland’s Tikkurila. AkzoNobel proposal includes an offer price of 31.25 euros ($37.8) per outstanding share, valuing Tikkurila at 1.4 billion euros ($1.69 billion), exceeding the 1.2 billion euros ($1.45 billion) offered by PPG two weeks ago. To obtain merger … Read more
AkzoNobel announced that it is building a new powder coatings plant in Chungli, Taiwan with a €20-million ($23.6 million) investment. The fully automated plant will have the increased production capacity to fulfill growing demand in the architecture, auto accessories, telecommunications, electronic components, furniture, domestic appliances, sports equipment and machine tools markets. The powder coatings plant … Read more
AkzoNobel N.V. has completed the acquisition of French aerospace coatings manufacturer Mapaero, which was first announced in July. The deal will strengthen AkzoNobel’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments. Combining the world class product ranges from both companies will also enable AkzoNobel to provide customers with a much … Read more
AkzoNobel has announced its intention to acquire French aerospace coatings manufacturer Mapaero. The intended acquisition will strengthen AkzoNobel’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments, and contribute directly towards delivering the company’s 2020 guidance. Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products, Mapaero operates a … Read more
AkzoNobel is set to transform its wood coatings facility in High Point, North Carolina, into a best-in-class manufacturing site – and further strengthen the company’s market position in the US. The transformation will involve reorganizing manufacturing operations at the site and will include the addition of automatic dosing unit technology to produce paint more efficiently. … Read more
AkzoNobel has opened a trailblazing laboratory complex that can test new products in conditions that imitate the most extreme environments in the world. The R&D campus at the Felling site will focus on delivering state-of – the-art innovation and products for the marine and oil & gas industries. The laboratory in the campus will be … Read more