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News (28)


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.


Brushes with Bikers Rev Up Show

Body painting? Automotive painting? Artistic painting? Parts of all three, actually, but there’s more—and it’s all in the name of edgy advertising.


New AkzoNobel CEO Sidelined by Fatigue

Less than five months into his new position at the helm of the world’s largest paint and coatings company, AkzoNobel’s CEO has taken a medical leave of absence, citing fatigue.


Cement Maker to Buy AkzoNobel Unit

Pakistan’s largest cement manufacturer will be the next owner of AkzoNobel’s chemicals business in that country.


AkzoNobel Completes ICI Pakistan Split

After 13 months, AkzoNobel has reached the halfway point in its two-step plan to split off its paints business from ICI Pakistan and sell off the rest of that business.


Struggling AkzoNobel Shakes Up Helm

Fighting to maintain its position at the top of the global coatings industry, AkzoNobel has announced major changes to its senior global leadership.


Weak Q3 Spurs New Plan at AkzoNobel

AkzoNobel delivered both a grim diagnosis and a treatment plan Thursday (Oct. 20), simultaneously unveiling a thin third quarter along with a “performance improvement program” to turn the nu...


Ancient Paint Factory Discovered

Caveman coatings formulators? A newly unveiled cave in South Africa contains the rudiments of a lab for making protective or decorative paint, pushing back the invention of ancient formulat...


AkzoNobel Shuffles Global Leadership

AkzoNobel, the world’s largest paint and coatings company, has made worldwide leadership changes to many of its geographic and business sectors, including protective and marine coatings.


Deal, Plants Fire Up Hempel’s Growth

Danish coatings maker Hempel is racing toward its ambitious global growth goals, acquiring a major UK paint manufacturer and expanding its protective and marine presence in India in a few sh...


Sulzer AG Chief to Lead AkzoNobel

AkzoNobel N.V., the coatings behemoth that promises “tomorrow’s answers today,” announced tomorrow’s new CEO today (June 10).


AkzoNobel to Split ICI Pakistan

AkzoNobel has announced plans to split off its paints business from ICI Pakistan and sell off the chemicals piece of the company.


AkzoNobel Posts 13% Revenue Increase for Q3

Double-digit gains in Performance Coatings and Specialty Chemicals boosted AkzoNobel to a 13% overall increase in third-quarter revenue, the company reported Thursday (Oct. 21).


OMNOVA Costs Rise, Income Plummets

Strong Performance Chemical sales were not enough to offset losses and expenses for OMNOVA Solutions, leaving the company with a 65% drop in net income for the quarter that ended Aug. 31.


 
 
   

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