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News (29)


Hempel Catalogs 2016 Challenges in Report

After what Hempel Group described as a “landmark” year financially in 2015, the Kongens Lyngby, Denmark-based global coatings company announced a plan to accelerate its “Journey to Excellenc...


Hempel Opens New Kuwait Factory

Global coatings manufacturer Hempel recently opened a new factory in Kuwait, allowing the company to up its production of marine, protective and decorative paints for the Middle East.


AkzoNobel Reveals 2016 Financials

Currency translation and price/mix effects took a toll on 2016 revenues for global coating company AkzoNobel, according to the company's latest financial report.


Firm Debuts Coatings Stabilizers Line

A new range of stabilizer products for the coatings industry has been introduced by polymer stabilizers manufacturer SONGWON Industrial Co. Ltd. (Ulsan, South Korea).


AkzoNobel Q3: Volumes Flat, Profits Up

Global coatings manufacturer AkzoNobel (Amsterdam, Netherlands) announced slight growth in profits despite largely flat volumes in its third quarter earnings report, released Wednesday (Oct....


AkzoNobel Sees Modest Gains in Q2

Dutch paints, coatings and chemicals company AkzoNobel reported positive developments in all three of its business lines for the second quarter of 2016, despite the pressures of a challengin...


AkzoNobel Launches China R&D Facility

Dutch coatings giant AkzoNobel recently unveiled its new €6.5 million ($7.27 million) technology center in Songjiang, Shanghai.


Hempel Highlights Its ‘Landmark’ 2015

2015 was a momentous year for Denmark-based Hempel Group in both corporate strategy and financial terms as it reported strong results for the third year in a row in terms of turnover, earnin...


AkzoNobel Reports Record FY2015

Multinational paints, coatings and chemicals company AkzoNobel reported record performance for 2015, having successfully delivered on the year’s financial targets while recognizing significa...


Hempel Appoints New CFO

One of the world’s top paint and coatings companies has hired a new chief financial officer to fill the vacancy left by the departing incumbent.


Hempel Names New CEO

One of the world’s leading paint and coatings companies has named its new CEO, following a search initiated earlier this year.


AkzoNobel Posts 61% Gain in Q2

The divestment of a Paper Chemicals business unit and favorable currency rates have delivered positive results for coatings giant AkzoNobel for the second quarter.


Profit Preps Hempel for Happy 100th

Coming down the home stretch of its ambitious five-year growth strategy, the Denmark-based Hempel Group is entering its 100th year with record profits and earnings, as well as tailwinds for ...


RPM Enlarges Stake in S. Africa

Carboline's parent company has expanded yet again with the acquisition of South Africa's leading aerosol coatings brand.


Hempel Expands with New Acquisition

Taking a "step towards achieving its growth ambition," Hempel has acquired a Dutch maker of industrial, protective and decorative coatings.


AkzoNobel Profits Plunge in Q2

Profits plummeted at AkzoNobel in the second quarter of 2014, despite improved sales volume across the coating and chemical giant's three businesses, the company reported Wednesday (July 23)...


Lead Makes Veneration Risky Business

Tens of millions of Catholics in the Philippines are being warned against kissing, rubbing and other hands-on veneration of statues in the run-up to Easter, due to high amounts of lead paint...


Paint Sales Outpace UK Economy

Robust coatings sales in the UK outperformed that nation’s overall economy in the fourth quarter of 2013, the British Coatings Federation has announced.


Building Industry on Board for D+D 2014

From rooftop to foundation and wall paint to structural steel, technical organizations representing the spectrum of building science technologies will partner withDurability + Design ...


AkzoNobel Plans New Wave of Downsizing

AkzoNobel continues to shrink its European footprint, with a new plan to close more than half of its German offices in the wake of recent divestments.


Akzo to Shed Building Unit for $348M

AkzoNobel’s global corporate diet continues, as the company has announced the sell-off of its Building Adhesives business to Swiss construction products giant Sika AG.


AkzoNobel Logs Dismal Quarter

With revenues and volumes decreasing across all segments, AkzoNobel’s second quarter report echoed trends from the coating manufacturer’s dim first quarter and renewed a call for restructuri...


AkzoNobel Dims Decorative in Germany

AkzoNobel's Decorative Paints business continues its crash diet, with a newly announced plan to shed its German paint stores immediately after selling off its North American unit.


Building Journal Launches Conference

Building performance and aesthetics will take center stage at D+D 2014, the first annual conference and exhibit hosted by Durability + Design Magazine.


Jotun to Eliminate Lead Chromates

Global coatings manufacturer Jotun will phase out lead chromates in 2014 and invest more resources to produce safer, more environmentally responsible paints and coatings.


AkzoNobel: Grim Q1 with No Quick Fix

AkzoNobel reported first-quarter declines across the board Thursday (April 18) and warned candidly that the troubled company’s fortunes were unlikely to turn around any time soon.


PPG Fills AkzoNobel’s N. American Shoes

PPG Industries Inc. has taken the second-biggest step in its 130-year history with the $1.05 billion acquisition of AkzoNobel’s North American decorative paints business.


AkzoNobel Regroups after Rocky 2012

AkzoNobel is revamping its executive structure and pay, business operations and financial targets in the wake of a year-end 2012 report that recorded both modest hits and major misses.


DuPont Coatings Reborn as Axalta

The founding father of the automotive paint business is being laid to rest.


 
 
   

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