AkzoNobel (AMS: AKZA; OTCMKTS: AKZOY) announced an initiative to reduce the collective carbon footprint of the vehicle repair industry will take place in November. The Vehicle Repair (VR) Sustainability Challenge brings together strategic partners from across the entire vehicle repair value chain, including insurance companies, fleet and lease companies, body shops and original equipment manufacturers (OEMs). […]
AkzoNobel Create First Bio-Based Interior Coating for KIA Motors
KIA Motors is using bio-based paint supplied by AkzoNobel for the inside of its new EV9 electric SUV. It’s the first time the vehicle manufacturer has specified an interior bio-based coating. Two kinds of bio-rosin, a solid form of resin, have been used to create the product, one extracted from rapeseed, the other from pine […]
AkzoNobel Completes Acquisition of Chinese Decorative Paints Business
AkzoNobel announced it has completed the acquisition of the Chinese Decorative Paints business of Sherwin-Williams that had been announced in April. The acquisition will further boost the company’s position in China and will allow the company further market segmentation and reinforce its position outside of the premium segment. The business has an annual revenue of […]
AkzoNobel Reports Second Quarter Sales of €2.741 Billion
Sales were down 4% compared to last year, but up 3% in constant currencies. Company increases financial guidance for full year. Akzo Nobel N.V. (AKZA; AKZOY) reported revenue of €2.741 billion ($3.023 billion) in the second quarter, down 4% on unfavorable exchange rates but up 3% in constant currencies compared to the second quarter of […]
AkzoNobel Unveils Mural at the Pontiac Transportation Museum
AkzoNobel (OTCMKTS:AKZOY) celebrated Independence Day by unveiling a mural at the new Pontiac, Michigan Transportation Museum. The museum is expected to open later this year and will honor the industrialization of this community and the many people whose work inspired these efforts. Through the museum’s existing and growing collections, they will help educate and inspire […]
AkzoNobel Introduces Sustainable Repair Network in Europe
AkzoNobel announced a new program to help vehicle refinish and collision repair centers in Europe reduce their carbon footprint. By certifying the operations of its customers, AkzoNobel will partner with them to help measure, monitor and improve CO2 emissions. It will leverage its position in sustainability to deliver the tools, knowledge, support and experience for […]
AkzoNobel Expands Kindig Partnership
AkzoNobel Vehicle Refinish North America today announced the expansion of its partnership with Dave Kindig. Originating in November 2016, the partnership now expands to June 2027. In an exciting twist, Dave Kindig is now brand ambassador for AkzoNobel’s flagship Sikkens brand in North America in addition to the Modern Classikk by Kindig paint line. “I’m […]
AkzoNobel to Supply Porsche China with Water-Based Refinish Products
AkzoNobel announced it has received approval to supply its water-based refinish products to Porsche China, one of the vehicle manufacturer’s biggest markets. The company will supply its full water-based Sikkens range, including basecoats, primer and clearcoats, to provide Porsche China with a complete water-based solution for its refinishing needs. “We’re delighted to partner with one […]
AkzoNobel Reports Carbeat Reduces Collision Repair Shop Cycle Time 10-15%
AkzoNobel (AMS:AKZA) reports that its collision repair and automotive refinishing customers are reducing keys-to-keys cycle times due using Carbeat, a data-driven digital project management process simplifying the shopfloor workflow, while tracking critical data using a seamless blend of technology and services. According to the company, its customers are experiencing a 10 to 15 percent reduction […]
AkzoNobel Launches New Generation Fillers
Collision repair shops can now take advantage of a new generation of fillers from AkzoNobel’s Sikkens and Lesonal vehicle refinishes brands, which help to significantly improve productivity while lowering energy costs. Sikkens Autosurfacer Optima and Lesonal 2K Ultimate Filler are fast-drying filler systems have been developed to help save time and money, without compromising on […]
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