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You are here: Home / Archives for AkzoNobel

AkzoNobel Reports Revenue Up 14% in Second Quarter

July 21, 2022 By CollisionWeek Editor

Akzo Nobel N.V. (AKZA; AKZOY) reported revenue for the second quarter was up 14% to €2.853 billion ($2.909 billion) and 10% higher in constant currencies. The company reported its pricing up 16% companywide, offsetting the increase of raw material and other variable costs. Volumes were 9% lower. Operating income at €205 million ($209.05 million) was […]

Filed Under: News Tagged With: AkzoNobel, Earnings

AkzoNobel Acquires Lankwitzer Lackfabrik’s Aluminum Wheel Liquid Coatings Business

July 6, 2022 By CollisionWeek Editor

AkzoNobel announced an agreement to acquire the wheel liquid coatings business of Lankwitzer Lackfabrik GmbH. Completion, which is subject to regulatory approvals, and expected before the end of 2022. Lankwitzer’s Rims and Wheel business operates out of a manufacturing site in Leipzig, Germany. Its products are approved for use by car manufacturers such as Daimler, […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, Germany

AkzoNobel Named Exclusive Provider of Automotive Paints and Coatings to Lincoln Tech

June 30, 2022 By CollisionWeek Editor

Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has entered into an agreement with AkzoNobel Coatings, Inc. Lincoln Tech’s Collision Repair and Refinishing Technology programs across the country will utilize paints and refinish coatings solely from AkzoNobel, as the two organizations strengthen their partnership following […]

Filed Under: News Tagged With: Agreements Signed, AkzoNobel, Lincoln Educational Services Corporation

Gregoire Poux-Guillaume to Become AkzoNobel’s New Chief Executive Officer on November 1

June 28, 2022 By CollisionWeek Editor

AkzoNobel announced that Gregoire Poux-Guillaume will become the company’s new Chief Executive Officer (CEO) as of November 1. He will succeed Thierry Vanlancker, who has been CEO and member of the Board of Management since 2017, and whose term of office is coming to an end. Gregoire (52), a French national, is an international business […]

Filed Under: News Tagged With: AkzoNobel, People

AkzoNobel Acquires African Paints and Coatings Business from Kansai Paint

June 1, 2022 By CollisionWeek Editor

AkzoNobel announced it is strengthening its African footprint after reaching an agreement with Kansai Paint to acquire its paints and coatings activities in the region. Completion, which is subject to regulatory approvals, is expected during the course of 2023. Present in 12 countries in Africa, Kansai Paint has regional consolidated revenue of around €280 million […]

Filed Under: News Tagged With: Acquisitions, Africa, AkzoNobel, Kansai Paint

AkzoNobel’s Tim Ronak Joins CIECA Board

May 20, 2022 By CollisionWeek Editor

CIECA announced yesterday that Tim Ronak, senior services consultant for AkzoNobel, joined CIECA’s Board of Trustees, effective immediately. He will be representing the Society of Collision Repair Specialists (SCRS). “I’m excited to be part of the CIECA Board of Trustees and help develop and promote the next generation of industry standards,” said Ronak. “Without a […]

Filed Under: News Tagged With: AkzoNobel, Board of Trustees, Collision Industry Electronic Commerce Association, People, Society of Collision Repair Specialists

AkzoNobel Delivers Double-Digit Revenue Growth in First Quarter

April 21, 2022 By CollisionWeek Editor

Pricing in line with raw material inflation. Akzo Nobel N.V. (AKZA; AKZOY) revenue was €2,525 million ($2,737 million) up 12% in the first quarter of 2022 compared to last year and 10% higher in constant currencies, driven by strong pricing, up 17%. Pricing initiatives more than offset the increase of raw material and other variable […]

Filed Under: News Tagged With: AkzoNobel, Earnings

AkzoNobel and Microsoft Partner on Quantum Computing

April 11, 2022 By CollisionWeek Editor

AkzoNobel and Microsoft have teamed up to explore how quantum computing could help fast track the development of high-performance and more sustainable paints and coatings. Scientists from both parties will co-develop what will effectively be a virtual laboratory. The aim is to conduct experiments using quantum computing and other Microsoft Azure cloud services. Quantum chemical […]

Filed Under: News Tagged With: Agreements Signed, AkzoNobel, Microsoft

AkzoNobel and Paint the Future Award Startups Sign Letters of Intent

March 28, 2022 By CollisionWeek Editor

Less than 24 hours after winning Paint the Future awards, three startups have already signed their letters of intent to continue working together on sustainable business opportunities with AkzoNobel. It’s the next step of a continuing collaborative innovation journey. The startups had the unique opportunity to explore their solutions with their mentors and industry experts […]

Filed Under: News Tagged With: Agreements Signed, AkzoNobel, Awards

AASP/NJ to Host Overcoming Insurer Objections Virtual Training Event February 16

January 31, 2022 By CollisionWeek Editor

Tim Ronak, senior services consultant of AkzoNobel Performance Coatings, is next up in the Alliance of Automotive Service Providers of New Jersey’s (AASP/NJ) training schedule, presenting Overcoming Insurer Objections to Payment for Requested Procedures via Zoom on Wednesday, February 16 from 6-8 p.m. (EST). Rapidly evolving construction of modern-day vehicles, embedded with critical safety and ADAS technology, […]

Filed Under: News Tagged With: AASP/NJ, AkzoNobel, New Jersey, Webinars

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