Revenue was also up 8% from Q2 2019 in constant currencies. AkzoNobel reported revenue of €2.511 billion ($2.96 billion) up 26% from the second quarter of 2020 impacted by the pandemic. The result was also 29% higher in constant currencies, with volumes up 26%, mainly due to strong end market demand. According to the company, […]
AkzoNobel Launches 2021 Paint the Future Startup Challenge
AkzoNobel announced the launch of its Paint the Future global startup challenge for 2021. Startups have until July 20 to submit their ingenious solutions to Paint the Future. All submissions will receive feedback from industry experts. Selected finalists will be invited to a collaboration event in late 2021. Winners will be offered partnership agreements to […]
AkzoNobel Launches Acoat Selected Digital Training Platform
Services team pays homage to beloved colleague. AkzoNobel announced the launch of its new Acoat Selected digital training platform containing business services content relevant to end-user customers. This training content was previously only available to Sikkens customers through face-to-face instruction by a services consultant at the customer location. The digital platform is now available to […]
AkzoNobel Vehicle Refinishes Launches New Rapid Cure Sikkens Clearcoat
AkzoNobel today announced the launch of Sikkens Autoclear Xpress Clearcoat, the latest development in rapid cure technology from AkzoNobel. Containing unique, hyper-cure resin technology, Autoclear Xpress covers in 1.5 coats with no flash in between, is out of dust in as little as 10 minutes and can be polished in 50 minutes. Designed to accelerate […]
AkzoNobel Opens New High-Tech Instructional Center
AkzoNobel announced the grand opening of its new national meeting and instructional center complete with ultra-high-tech audio-visual equipment to help those virtually attending meetings or training feel like they’re right in the room. The idea for this new, high-tech hybrid training center came from AkzoNobel’s Michael Kuntz, who is responsible for employee, distributor and end-user […]
AkzoNobel Continues Investment in Women’s Industry Network’s Future
AkzoNobel is a long-time leader in recognizing and championing women in the collision repair industry. In 1999, AkzoNobel created the Most Influential Women award to help promote diversity and sustainability in the collision repair workforce. In 2006, the Women’s Industry Network (WIN) was established and AkzoNobel has been a top tier sponsor each year. AkzoNobel […]
AkzoNobel Reports Sales Down Just 5% in Third Quarter Compared to 2019 and Up 1% on Constant Currency Basis
CEO says refinish outperforming market. Akzo Nobel N.V. (AKZA; AKZOY) announced that revenue for the third quarter 2020 were €2,398 million ($2,847.4 million), down 5% from the third quarter of 2019, but up 1% on a constant currency basis. Volumes were up 3%, showing strong demand for Decorative Paints, partly offset by lower volumes of […]
AkzoNobel Named New Vendor of the Year by Advance Auto Parts
AkzoNobel announced that it has been named the New Vendor of the Year by Advance Auto Parts. According to remarks made by Advance during the award presentation, “AkzoNobel has shown the highest level of commitment to training, sales support, marketing support and advancing market share than any vendor in their product category in Advance history.” […]
AkzoNobel Introduces Connect API to Share Collision Repair Shop Data with Third Party Software
AkzoNobel announced Connect, its latest digital innovation to enhance efficiency in collision repair shops in North America. The application programming interface (API) facilitates the exchange of data between AkzoNobel’s digital applications such as Carbeat and MIXIT and third-party software applications used by collision repair customers. Connect delivers several advantages for collision repair customers: It drives […]
AkzoNobel Reports Continued Improving Trend in the Third Quarter
As the complex situation regarding the global COVID-19 pandemic continues to evolve, Akzo Nobel N.V. (AKZA; AKZOY) yesterday provided an update on recent business performance. According to the company, market headwinds have continued to ease during recent months. Based on current trading, total revenue for the third quarter is expected to be close to previous […]
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