AkzoNobel Announces New Powder Coatings Acquisition

TUESDAY, SEPTEMBER 8, 2020


Global coatings company AkzoNobel has recently acquired Stahl Performance Powder Coatings, along with its range of products for heat-sensitive substrates. The company says that the deal gives it access to “unique low curing technology that will open up exciting new market opportunities.”

The acquired technology includes both UV- and thermally curing powders that the company hopes to use to penetrate the ultra-low-cure domain, opening up markets based on applying powder to temperature sensitive substrates such as MDF, plywood, thermoplastics and composites.

“This is a great acquisition which will enable us to build on our global leadership position by entering emerging market spaces that have major potential,” says Daniela Vlad, Business Director of AkzoNobel Powder Coatings.

“The clearly differentiating UV technology in particular is expected to see significant growth and will further strengthen our position as a complete provider of sustainable solutions for heat sensitive substrates, in particular for our wood coatings customers.”

AkzoNobel notes that the technology can be focused on both the architectural and industrial markets.

“Adding this know-how to our existing expertise will open up a broad range of process applications and enable us to deliver innovative new surface solutions,” said Vlad. “We’re looking to lead the way in emerging powder markets and further establish ourselves as a technology frontrunner as our portfolio continues to expand.”

   

Tagged categories: Acquisitions; AkzoNobel; Asia Pacific; EMEA (Europe, Middle East and Africa); Good Technical Practice; High-performance coatings; Latin America; Mergers; North America; Powder Coatings; Z-Continents

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