PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Download our free Bridge Coating Systems eResource Book

Paint and Coatings Industry News

Main News Page


AkzoNobel Expands Mideast Operations

Monday, December 3, 2012

More items for Coating Materials

Comment | More

AkzoNobel will enlarge its footprint in the sands of the Middle East by expanding its joint venture agreement with one of the Gulf region's largest family-owned companies.

The world's largest paint and coatings company announced Friday (Nov. 30) that it had signed a broadened joint venture (JV) agreement with the Yusuf Bin Ahmed Kanoo group of companies.

AkzoNobel Performance Coatings
AkzoNobel

The deal will allow AkzoNobel to distribute its entire Performance Coatings portfolio of liquid and powder coating products across the Middle East region.

The companies' current joint venture is limited to supplies of the International Paint brand, as well as coil and packaging coatings. Under the new deal, AkzoNobel will offer products from across its Performance Coatings portfolio, including professional woodcare, automotive refinish, marine, yacht, fire protection, protective and powder coatings.

'Firm Foothold'

The new arrangement gives AkzoNobel a "firm foothold in the Middle East and a solid platform from which to deliver on our ambitious growth strategy in the region," said Leif Darner, who heads the company's Performance Coatings business.

AkzoNobel currently employs more than 200 people across its two main plants in the Middle East. Both sites are planning increased investments to support the enlarged business portfolio, with work on a new powder coatings facility in Dubai having already started.

The company opened its first manufacturing facility, a powder coating operation, in Dubai, United Arab Emirates, in 2008.

About Kanoo

The Kanoo Group of companies is one of the largest independent, family-owned companies in the Gulf region. Established in Bahrain in 1890 by Haji Yusuf bin Ahmed Kanoo as a trading and shipping business, it is now a highly diversified operation with interests that range from shipping and IT to power plants, retail and training.

Kanoo Group

The Kanoo Group of Companies was founded as a trading business in 1890.

"We are very pleased to build on our long-standing relationship with the Kanoo family by signing this agreement," said Darner.

"We see many opportunities for our products and services to supply the construction, oil and gas and transportation sectors in the Middle East, and this deal will ensure that we are better placed to serve our customers."

Mishal Kanoo, deputy chairman for Kanoo in the UAE and Oman, added: "Our relationship with AkzoNobel goes back over 30 years, and we look forward to supporting the company in its ambition to be a leading supplier of performance coatings in both the UAE and Saudi Arabia."

   

Tagged categories: AkzoNobel; Business matters; Fire-resistive coatings; High-performance coatings; International Paint; Marine Coatings; Market; Mergers

Comment Join the Conversation:

Sign in to our community to add your comments.

Sherwin-Williams
Sherwin-Williams Protective & Marine Coatings

With 4,000 distribution points and 3,700+ years of experience, Sherwin-Williams delivers the products, support and expertise you need, right where you need it.


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


Carboline Company
Fireproofing Solutions

Pyroclad® X1 Thermo-Lag® Pyrocrete® – protecting against hydrocarbon and jet fires, explosions, and cryogenic spills.


Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

Wasser Coatings offer a complete range of Moisture Cure Urethane (NEPCOAT approved) systems in addition to Polyurea membranes and linings(NSF).
www.wassercoatings.com


Specialty Products, Inc. (SPI)
SIGN UP TODAY – HANDS ON TRAINING

After 40 years in the coating business, SPI has trained more industry professionals than any other polyurea manufacturer. Now offering more classes at more locations than ever before!


Graco Inc.
Graco M680 Mortar Pump

Compact and portable. Great for concrete resurfacing and repairs. Handles mortars, cementitious and filled materials.
Call 877-844-7226 or info@graco.com.


Polyval Coatings
Polyflex® Polyurea Linings

Polyflex™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.
www.polyflexlinings.com


Minerals Research & Recovery

HIGH PERFORMANCE ABRASIVES


“Made in the USA!”

Why recycle waste from other countries? Go FASTER, CLEANER, at 1/3 THE COST with MR&R “All-American” Sharpshot®HP!!

WATCH THE VIDEO


Armorthane
Polyurethane and Polyurea Sprayed-On Protection

Buy POLYURETHANE or POLYUREA coatings and spray equipment for years of proven chemical resistance, water- and weather-proofing, and structural improvements.


US Minerals
US Minerals -
Black Magnum

With nationwide production and distribution capabilities, U.S. Minerals supplies a complete range of coal slag and other abrasives to meet all of your blasting needs.

 
 
 
Technology Publishing

The Technology Publishing Network

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

 
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 2000-2015, 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