PaintSquare.com


The First Word in Protective & Marine Coatings

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

Register Now for D+D 2014

Paint and Coatings Industry News

Main News Page


AkzoNobel to Buy Dow Powder Coatings

Friday, November 13, 2009

Comment | More

AkzoNobel has announced signing an agreement with The Dow Chemical Company (Dow) to acquire its powder coatings activities. Financial details were not disclosed.

AkzoNobel expects the deal to bring key technological know-how and significant potential to its Powder Coatings business as well as to enhance the company's position in the U.S.

Dow purchased the powder coatings activities earlier this year as part of its acquisition of Rohm & Haas. The business achieves global sales of several hundred million dollars and employs around 700 people.

“This is a strategic acquisition which will enable us to further penetrate key industrial coatings segments," explained Leif Darner, the AkzoNobel Board member responsible for Performance Coatings.

With powder coatings factories in the US, Europe, and China, Rohm & Haas developed several important new technologies—especially for the automotive and architectural segments—while the deal will also add MDF and thermoplastic capabilities to AkzoNobel's existing expertise.

"Our intention is to move towards a more dedicated approach, whereby sites concentrate on specific technologies," added Rob Molenaar, Managing Director of AkzoNobel Powder Coatings.

Because they contain no solvents and have application efficiency levels as high as 99 percent, powder coatings offer an environmentally sustainable alternative to liquid coatings, AkzoNobel said.

The transaction is expected to close during the second quarter of 2010, subject to customary closing conditions, including regulatory approvals. Consultations with employee representatives will be held as and when appropriate, according to AkzoNobel.

AkzoNobel, based in Amsterdam, the Netherlands, is an international manufacturer of paints and coatings as well as specialty chemicals and related products. A major manufacturer with offices worldwide, Dow Chemical is headquartered in Midland, MI, U.S.

   

Tagged categories: Acquisitions; AkzoNobel; Dow Chemical Company; Mergers

Comment Join the Conversation:

Sign in to our community to add your comments.

NLB Corporation
VacLance cleans up as you work

Add vacuum recovery to any NLB rotating water jet lance with a VacLance attachment and vacuum source. Model DM32283 works vertically, horizontally and in corners.


Dampney Co., Inc.
Metal Patching Compound

One Part / Ready to Use / High Temperature. Fill surface imperfections, voids, rough welds prior to painting and powder coating.


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


Atlantic Design, Inc.
POWER ON WITH ADI!

The most air flow possible… In the smallest package imaginable… For a price you won’t believe! 866.Call.ADI


BASF
New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films basf.us/industrialcoatings
polyorders@basf.com
800-231-7868


Minerals Research & Recovery
PREMIUM SLAG ABRASIVES

Visit mrrinc.com Companies specializing
in abandonment and decommissioning projects have discovered that Sharpshot® 20X50 copper slag is an ideal product for subsea waterjet cutting.
Call Steve: 520-297-4626


CESCO
PRESSURE WASHERS

• 10,000 PSI
• Electric or diesel models
• Buy or rent from CESCO
• Lease Financing Available
CESCO is your One Stop
Corrosion
Shop
Contact us: 888-772-3726
BlastandPaint.com

 
 
 
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