PaintSquare.com


The First Word in Protective & Marine Coatings

A Product of Technology Publishing / PaintSquare
JPCL | PaintSquare News | Durability + Design | Paint BidTracker

Paint and Coatings Industry News

Main News Page


Akzo Sees Net Income Gain

Friday, October 30, 2009

Comment | More

AkzoNobel (Strawinskylaan, Amsterdam), a supplier of paints, coatings, and specialty chemicals, announced a third quarter net income gain of 30% and a revenue loss of 10% compared to Q3 2008. Revenue for Q3 2009 was €3.639 billion and net income after incidentals was €197 million.

In the Performance Coatings segment, revenue declined 12% as a result of lower demand across all businesses.  Volume decreased by 11% in Q3, after experiencing a 19% decline in Q2. The segment saw an EBITDA of €166 million, which is 12% higher than in 2008.

The Specialty Chemicals segment had volumes at 6% below last year, but has increased from the 18% decline in Q2. Revenue decreased by 8% from 2008, and the EBITDA amounted to €220 million, down 9% from 2008.

Revenue in Decorative Paints was down 6% and volume declined 9% compared to 2008. According to the company, the segment is undertaking a major restructuring of the European supply chain.

For more information, visit www.akzonobel.com.

   

Tagged categories: AkzoNobel; Earnings reports; Finance

Comment Join the Conversation:

Sign in to our community to add your comments.

Graco Inc.
Eco-friendly surface prep blasting equipment

EcoQuip blast equipment adds a fine water mist during the spraying process for less dust. Less media consumption. Less cleanup. Easy to use. Call 877.326.7847


SAFE Systems, Inc.
Custom blast rooms
by SAFE Systems

Don't waste time and money "making do" with a "standard" design. Let us work with you to design and build the
system that best fits
your requirements.
Call 1-800-634-7278


CS Unitec
Surface Prep & Material Removal

CS Unitec’s Floor Planers remove coatings & corrosion from concrete & metal surfaces. Produce keyed profiles for waterproofing applications. info@csunitec.com


Polygon
POLYGON - Temporary Humidity Control

We specialize in innovative climate control solutions for industrial painting, utilizing alternative energy sources and combining desiccants with heating or cooling.


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


Armakleen Company, The
No Ordinary Soda

ARMEX® baking soda-based abrasives from the makers of ARM & HAMMER® products offers over 12 formulas specially engineered for your application and your budget.


CHLOR*RID International Inc.
Free Webinar

Learn about soluble salts, along with a discussion on allowable levels.
More information at
www.chlor-rid.com,

800-422-3217

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker JPCL Europe

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2014, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com