Stork signed contract for acquisition of Technical Services department of Akzo Nobel Base Chemicals

29-May-2006 - The contract for the acquisition of the Technical Services department of Akzo Nobel Base Chemicals on the Botlek industrial site near Rotterdam by Stork Industry Services was signed. The intention of the parties is for the acquisition to take effect from 1 June. The conditions of the acquisition ...

Akzo Nobel to retain Salt Specialties

19-May-2006 - Akzo Nobel has decided to withdraw Salt Specialties from its list of Chemicals businesses to be divested. Although several parties expressed a serious interest in acquiring the business, the decision not to sell the Salt Specialties activities was made when it became clear that a satisfactory ...

Akzo Nobel expanding coatings activities in the Czech Republic

27-Apr-2006 - Akzo Nobe is continuing to build its position in Central Europe having signed an agreement to acquire Balakom a.s., one of the leading paint companies in the Czech Republic. Based in Opava in the Czech Republic, the purchase of Balakom - which was established in 1907 - will substantially increase ...

Akzo Nobel - Energy Savings of EUR 90 Million in 2005

Corporate Social Responsibility Report 2005

13-Apr-2006 - Akzo Nobel published its 2005 Corporate Social Responsibility Report. The Report, which gives details of a steadily improving sustainability performance worldwide, highlights the company's strong progress in reducing its environmental impact, particularly in the area of energy consumption. Akzo ...

Akzo Nobel to divest solar cell production venture

11-Apr-2006 - Akzo Nobel has agreed to sell its pioneering Helianthos solar cell production venture to Dutch energy company Nuon. Financial details have not been disclosed. Helianthos was operated together with Shell Solar to pave the way for the commercial manufacture of flexible solar cells, with the ...

Akzo Nobel makes offer to acquire Sico, a Canadian coatings company

07-Apr-2006 - Akzo Nobel has made an offer of CAD 20.00 per common share to acquire coatings company Sico Inc. Sico's two largest shareholders - who own around 34 percent of the company's common shares - have expressed their full support for the deal and have signed a binding commitment to tender their shares ...

Basell completes purchase of Akzo Nobel's Polymerization Catalysts & Components Business

06-Apr-2006 - Basell completed the purchase of Akzo Nobel's Polymerization Catalysts & Components business on March 31. The business, which includes catalyst manufacturing and other assets in Edison, New Jersey, USA, had revenues of nearly $60 million in 2005. "This acquisition will strengthen our world-wide ...

Akzo Nobel's Ferrazone iron compound receives FDA acceptance

27-Mar-2006 - Akzo Nobel has received official acceptance from the Food and Drug Administration (FDA) in the United States regarding the self-affirmed GRAS (Generally Recognized as Safe) status of the company's Ferrazone® iron compound. Ferrazone, which is used as an iron fortificant in foods and beverages to ...

Akzo Nobel Reaches Agreement With U.S. Department of Justice

16-Mar-2006 - Akzo Nobel has taken a significant step towards closing the door on past antitrust misconduct by agreeing with the United States Department of Justice to plead guilty and pay a USD 32 million (EUR 27 million) fine for an antitrust violation involving the fixing of prices in the U.S. hydrogen ...

Akzo Nobel planning major coatings expansion in Spain

06-Mar-2006 - Akzo Nobel has agreed to sell its Decorative Coatings site near Barcelona in Spain as part of an expansion of its business activities on the Iberian Peninsula which will include the construction of a brand new, purpose-built facility. The land and buildings at the Sant Adriá de Besós plant have ...