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.

PreTox Products - NexTec, Inc.
GOT LEAD? Specify Pretox System products

The ONLY Lead Stabilizer Compatible with All Paint Removal Methods. Works with all Blast Media: Grits | Recyclable Abrasives | CO2 | Water | Power Tools | Etc. Call Dave Steffen at 800.338.8296.


CHLOR*RID International Inc.
Surface cleanliness is
ESSENTIAL to coating
performance.

* TEST FOR SALTS
* PREVENT FLASH RUST
* REMOVE SALTS
More information at
www.chlor-rid.com,

800-422-3217


Clemco Industries Corp.
Powerful Protection in a Small Package

Mounts inside blast helmet, alerts operator to dangerous breathing-air condition by audible, visual, and vibratory alarms. Easily calibrated, battery operated.


Dampney Co., Inc.
Rubber In a can!

Rubberized Spray in a
Handy Aerosol Can

• Stays flexible
• Seals off moisture penetration
• Non sagging formulation
• Will not crack, chip or peel
• Apply to wet and dry surfaces
• Paintable


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


Industrial Vacuum Equipment Corp.
Hurricane Vacuums
& Dust Collectors

Vacuum and dust collector hose, filters and related accessories.
IndustrialVacuum.com


DRYCO
Environmental Controls
Equipment & Service

Temporary climate control equipment. Dehumidifiers,
Heaters, A/C, Power, More…
Toll Free: 866-379-2600

 
 
 
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