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

 

Download our free e-book! Surface Preparation & Safety

Paint and Coatings Industry News

Main News Page


Cytec Coatings Unit Gains New Identity

Tuesday, June 4, 2013

More items for Coating Materials

More items from Asia Pacific; Europe

Comment | More

Two months after becoming an independent company, Cytec Industries’ old coating resins business officially has a new name: Allnex.

Headquartered in Brussels, Belgium, Allnex develops, produces and sells synthetic resins for paint, coatings, and printing inks.

"We are excited about our new name," Frank Aranzana, CEO, said in an announcement. "We believe it reflects who we are, what we stand for, and what we want to achieve."

Cytec Industries sold its coating resins business to Advent International, a global private equity firm, on April 3 for a total value of $1.1 billion, including assumed liabilities of approximately $118 million.

Allnex
Photos: Allnex

Cytec Industries' former coating resins business has been renamed Allnex after its sale in April to a private equity firm.

"Because a company name is one of the most visible aspects of its reputation, it was very important to take the time to consider the company's identity, mission and future ambitions in the selection process," Aranzana said.

"We believe Allnex is the one name that we can all stand behind and be proud of."

The name change became effective June 1.

Employee Inspiration

The search for a new name started in November 2012 with an employee contest that generated more than 300 ideas. Using those names as inspiration, a global diversity group then brainstormed for a new name and incorporated advice from a leading brand agency.

The company's new logo was designed to reflect Allnex's product portfolio, sustainable innovations, growth aspirations and commitment to continuous improvement, the company said.

Cytec coating resins

Employees helped generate more than 300 ideas for the new name, which comes with a new logo and the slogan, "All About Resins."

The colors and sizes of the droplets are meant to represent Allnex's products and employees. The green droplet specifically stands for sustainability, and the upward movement of the droplets and text represents the company's commitment to operational excellence, innovation and growth.

The new name and logo also come with a slogan: "All About Resins."

About the Company

Allnex is a global company with $1.5 billion in sales that supplies resins for industrial, architectural, OEM and special purpose coatings.

The company's portfolio includes liquid resins and additives, radiation cured and powder coating resins, and crosslinkers for use on wood, metal, plastic, and other surfaces.

More information: www.allnex.com.

   

Tagged categories: Acquisitions; Additives; Adhesive; Allnex; Cytec Industries Inc.; Resins

Comment Join the Conversation:

Sign in to our community to add your comments.

Hempel (USA) Inc.
HEMPEL PROTECTIVE COATINGS

Efficient systems and high quality products to reduce your maintenance costs. Visit Hempel Protective for more information.


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


Carboline Company
We have the solution

We are a global leader in coatings, linings, and fireproofing. We have the right people, right products, and right locations.


International Paint/AkzoNobel
Light Duty Protective Coatings

Check out our expanded line of alkyd, acrylic and waterborne epoxy coatings.


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.


Novatek Corporation
Dustless Coatings Removal

Strip it, clean it, and profile it,
all dust free! High production
rates and Blast like finishes.
Comply with new lead
standards.


WINOA Group
W Abrasives : Shot Peening Solutions

W Abrasives has developed an exclusive range of products to boost your peening and blasting performances.


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


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rust preventer prevents flash rust by removing surface contaminants. It has no equal; only wannabees.
Contact us for your
nearest distributor.
(800) 319.8802 sales@holdtight.com


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.

 
 
 
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 2000-2016, 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