Tikkurila completes the divestment of its powder coatings business

27-Jan-2011 - Tikkurila has completed the selling of its powder coatings business. All shares in OOO Tikkurila Powder Coatings, a Russian industrial coatings company, were transferred to Teknos Group Oy on January 26, 2011. The sales and purchase agreement was signed in December 2010, and an approval for the ...

DSM Powder Coating Resins announces price increase for Europe, Middle East and Africa effective per 1st of November 2010.

26-Oct-2010 - DSM Powder Coating Resins announced a price increase for its range of Uralac® powder coating resins sold in Europe, Middle East and Africa effective for all orders shipped on or after 1st of November 2010, or as otherwise permitted by the terms and conditions of customer contracts. Prices are ...

AkzoNobel opens sixth powder coatings plant in China

26-Oct-2010 - AkzoNobel has underscored its ambition to double revenue in China within the next five years by opening its sixth powder coatings facility in the country. The plant is located in the Wuhan Economic and Technological Development Zone, a major industrial and manufacturing hub in central China. The ...

AkzoNobel publishes Q2 2010 results

23-Jul-2010 - Akzo Nobel N.V. announced a revenue increase of 13 percent (5 percent positive currency translation effect) ) for the second quarter of 2010 and the early achievement of the 14 percent EBITDA margin target set for the end of 2011. Strong revenue gains were achieved in the higher growth markets ...

AkzoNobel formally acquires Dow powder business

03-Jun-2010 - AkzoNobel has completed its acquisition of the Dow Chemical Company's powder coatings activities. The deal was first announced in November last year. Originally purchased by the Dow Chemical Company in 2009 as part of its acquisition of Rohm and Haas Company, the business brings key ...

DSM Powder Coating Resins announces a price increase per June 1st 2010 for Europe, Middle East and Africa

17-May-2010 - DSM Powder Coating Resins announced its second price increase for 2010 for its range of Uralac® Powder Coating Resins sold in Europe, Middle East and Africa effective for all orders shipped on or after June1st, 2010 or as otherwise permitted by the terms and conditions of customer contracts. ...

AkzoNobel expanding capacity in China

12-Apr-2010 - AkzoNobel has underlined its strategic commitment to investing in high growth markets following the official opening of a plant expansion for the manufacture of monochloroacetic acid (MCA) in China. The company's Taixing site - which now boasts production capacity of 60,000 MT/year - is the ...

Akzob Nobel 2009 results: Strong cash flow in challenging markets

2009 revenue declined 10 percent to €13,893 million

22-Feb-2010 - Akzo Nobel N.V. announced its 2009 Q4 and full-year results. The company reported 2009 revenue of €13,893 million, 10 percent below the previous year. Commenting on the results, CEO Hans Wijers said: “The fact that we can report an EBITDA margin close to 13 percent in such challenging markets is ...

AkzoNobel boosting innovative power of UK research hub

01-Feb-2010 - AkzoNobel is investing almost €10 million to further boost the innovative power of the UK site where performance coatings are developed. A fire protection testing laboratory and a polymer lab for powder coatings are being added to the existing R&D infrastructure at the company's Felling site in ...

AkzoNobel to acquire Dow powder coatings activities

13-Nov-2009 - AkzoNobel is to enhance its portfolio of sustainable technologies after signing an agreement with The Dow Chemical Company (Dow) to acquire its powder coatings activities. Financial details were not disclosed. The deal will bring key technological know-how and significant synergy potential to ...