News & Press Releases
Below you will find our latest news and press releases.
News
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AkzoNobel Specialty Chemicals has underscored its long-standing commitment to the world’s leading paints and coatings manufacturers by sponsoring the semi-annual technical seminar of the Coatings Research Group Inc. (CRGI).
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Effective Oct. 1, 2012 or as contracts allow, Akzo Nobel Functional Chemicals GmbH announces a global price increase for all Thioplast products by minimum 5%.
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AkzoNobel announced today that the company has launched a €750 million euro bond at attractive terms, with a ten year maturity, at a coupon of 2.625 percent. The announcement of the bond was well received by the market with an order book exceeding €7 billion.
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Akzo Nobel N.V. (AkzoNobel) today reported an 8 percent increase in second quarter revenue compared with the same period in 2011, mainly driven by pricing actions to offset higher raw material costs and currency effects. The EBITDA for Q2 was 8 percent higher at €593 million. The company also announced that its global performance improvement program is making good progress.
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AkzoNobel has signed an agreement to supply its pioneering Continuous Initiator Dosing (CiD) technology to Mexichem Resinas Vinilicas, S.A. de C.V., one of the world’s largest PVC manufacturers.
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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 previously announced, the split means that the company has started the formal sale process to divest its 75.81% shareholding in ICI Pakistan.
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Akzo Nobel N.V. (AkzoNobel) today announces that the trustees of the Akzo Nobel (CPS) Pension Scheme in the United Kingdom have entered into a longevity insurance contract with Swiss Re.
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AkzoNobel has reached an agreement to supply coatings for the roof of Brazil's famous Maracanã Stadium - which will host a major soccer final in 2014. The contract was secured via a dedicated team which offers complete coatings solutions for large infrastructure projects around the world.
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At today’s Annual General Meeting (AGM), shareholders of Akzo Nobel N.V. (AkzoNobel) approved the company’s 2011 financial statements and agreed that the 2011 financial year dividend would be €1.45 (2010: €1.40) per common share. An interim dividend of €0.33 was paid in November 2011, which means the final payment will be €1.12 per share.
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Akzo Nobel N.V. (AkzoNobel) today reported a 6 percent increase in first quarter revenue compared with the same period in 2011, mainly driven by pricing actions to offset higher raw material costs. The EBITDA for Q1 was 3 percent lower at €423 million, due to weaker end markets and cost inflation. The company also announced that its global performance improvement program is on track.
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