AkzoNobel Invests $60 Million in North American Powder Coatings Production
Upgrades to production, infrastructure, and technology have been made at three of AkzoNobel’s North American Powder Coatings sites as part of a $60 million investment.
Coatings & Additives
AkzoNobel Invests €7.5 Million in New Coatings Innovation Lab
AkzoNobel opened a €7.5 million innovation lab at its Sassenheim R&D hub to speed up development of sustainable, solvent-free, energy-efficient powder coatings.
AkzoNobel and Axalta Announce $25 Billion Merger
AkzoNobel and Axalta have agreed to merge in an all-stock deal, creating a global coatings leader with $17 billion in revenue, a $25 billion enterprise value, and significant synergies expected within three years.
Henkel Buys NBD Nanotechnologies
Henkel has acquired US advanced materials start-up NBD Nanotechnologies for an undisclosed sum. Headquartered in Boston, Massachusetts, NBD specializes in developing coatings and additives with surface wettability.
Milliken Invests in Coating Additives Lab
US plastics additives and colorants manufacturer Milliken said it has made a “significant investment” in the coating additives laboratory it acquired in the early 2021 takeover of Borchers Americas.
