Keyword: Coatings

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AkzoNobel Appoints CFO

26.09.2017 - AkzoNobel has hired a new chief financial officer to replace Maëlys Castella who stepped down from the role earlier this month for health reasons. Maarten de Vries, most recently...

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AkzoNobel Opens UK Paint Plant

15.09.2017 - Dutch paints and coatings group AkzoNobel has officially opened what it describes as the “world’s most advanced and sustainable paint plant” in Ashington, UK, where it will become...

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Bodo Möller Chemie Expands in Americas

14.09.2017 - German specialty chemicals distributor Bodo Möller Chemie has established subsidiaries in Mexico and USA as it continues to strengthen its international presence. New US subsidiary...

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Akzo Issues Profit Warning, CFO on Leave

11.09.2017 - The turmoil at AkzoNobel shows no signs of subsiding. The worst seemed over as the Dutch coatings producer temporarily ended a feud with activist investor Elliott Advisors in...

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Axalta Buys the UK’s Plascoat Systems

21.08.2017 - US coatings group Axalta has acquired Plascoat Systems, a UK-based leading supplier of thermoplastic powder coatings, from parent company International Process Technologies (IPT)...

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AkzoNobel and Elliott Advisers Call a Truce

21.08.2017 - AkzoNobel and activist shareholder Elliott Advisors have called a truce, ending their feud at least temporarily. Under a standstill agreement, they have promised to suspend all...

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AkzoNobel Restructures Management, Calls EGM

01.08.2017 - Akzo Nobel has given its Executive Committee (managing board) a new structure following the departure of CEO Ton Büchner, who stepped down on Jul. 19, citing health reasons. In...

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Clariant Could Divest 25% of Portfolio in Merger

28.07.2017 - Clariant may be willing to divest 25% of its portfolio, including its Pigments and Masterbatches businesses, following the planned $20 billion merger with US family-owned chemical...