BASF intends to sell its global industrial coatings business to AkzoNobel
BASF and AkzoNobel have reached a general agreement on the sale of the industrial coatings business of BASF’s Coatings division to AkzoNobel for €475 million. The transaction would include technologies, patents and trademarks, as well as the transfer of two dedicated production sites, one i ... more
AkzoNobel successfully delivers on 2015 targets
AkzoNobel today reported fourth quarter and full-year results including the successful delivery on 2015 financial targets. Full-year operating income increased 59 percent to €1,573 million (excluding incidentals up 36 percent at €1,462 million), as a result of process optimization, lower co ... more
AkzoNobel acquires full control of hydrogen peroxide joint venture
AkzoNobel has strengthened its position in the North American hydrogen peroxide market after acquiring the outstanding shares in EkO Peroxide LLC from joint venture partner OCI Peroxygens LLC.
Established nine years ago and headquartered at AkzoNobel's site in Columbus, Mississippi, the joi ... more