Keyword: paints

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AkzoNobel to Speed Up Cost Cutting

20.02.2013 - The new chief executive of AkzoNobel said on Wednesday the Dutch paints and chemicals group would speed up cost-cutting and focus on improving returns and cash generation over the...

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Dr. Wolfgang Josten Appointed New Managing Director of Actega Colorchemie

02.01.2013 - Dr. Wolfgang Josten has been appointed to the position of Managing Director of Actega Colorchemie in Büdingen. Actega Colorchemie is a member of the Graphic Arts business line of...

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AkzoNobel to Divest Its North American Decorative Paints Business

14.12.2012 - AkzoNobel today announced the divestment of its North American Decorative Paints business to PPG Industries, for the value of $1.05 billion. In 2011, the North American Decorative...

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AkzoNobel Takes Big Hit on Dulux as Home Makeovers Wane

18.10.2012 - Cash-strapped Europeans are cutting back on decorating, leading Dutch group AkzoNobel to take a €2.5 billion ($3.2 billion) writedown on its 2008 purchase of Dulux paint maker ICI...

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DuPont to Sell Car Paint Unit to Carlyle for $4.9 Billion

30.08.2012 - DuPont struck a deal to sell its slow-growing car paint business to private equity firm Carlyle Group for $4.9 billion cash as it seeks to focus on higher-growth areas such as...

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AkzoNobel to Sell Its Shares in ICI Pakistan

31.07.2012 - AkzoNobel has reached an agreement to sell its 75.81% shareholding in ICI Pakistan to the Yunus Brothers Group for $152.5 million (€124.4 million). The price is subject to...

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AkzoNobel Completes Demerger of Pakistan Activities

20.06.2012 - AkzoNobel has completed the restructuring of its activities in Pakistan by formally establishing AkzoNobel Pakistan Limited as a separate legal entity from ICI Pakistan. As...

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AkzoNobel Paints Gloomy Outlook After Q1 Beats Forecasts

19.04.2012 - AkzoNobel, the world's largest paints maker and owner of the Dulux brand, warned that economic uncertainty - even in some emerging markets - as well as high raw materials prices...