News & Press Releases
Below you will find our latest news and press releases.
News
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AkzoNobel has announced its intention to invest €45 million in a new Dicumyl Peroxide (DCP) plant at its Ningbo multi-site in China to meet a growing local, regional and global demand. Widely used as cross-linking agent for various polymers and copolymers, DCP can be found in a variety of products like shoe soles, cable insulation, and construction insulation.
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AkzoNobel has launched a performance improvement program to strengthen its competiveness, enhance its ability to grow, simplify its support structures and reduce its cost base. The program will restructure underperforming parts of the portfolio, transfer best practices and standardize, as well as simplify key processes.
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AkzoNobel has opened a new research laboratory in Deventer, the Netherlands, which will play a pivotal role in the company’s ambition to drive future growth through pioneering innovation.
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AkzoNobel is to invest more than €60 million in boosting production capacity for its Bermocoll cellulose derivatives (paint and building material thickeners), providing additional momentum for the company’s accelerated growth strategy which includes doubling revenue in China to $3 billion by 2015.
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Akzo Nobel N.V. (AkzoNobel) today reported a revenue increase of 12 percent for the year 2010 to €14.6 billion. EBITDA increased 16 percent to €1,964 million, with EBITDA margins up at 13.4 percent. Total 2010 net income increased 165 percent to €754 million.
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AkzoNobel officially opened its €275 million Ningbo multi-site in China today, providing further momentum for the company as it enters a new phase of accelerated, sustainable growth.
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AkzoNobel is entering a new era of accelerated and sustainable growth. That is the message being delivered today at the company’s “Tomorrow’s Answers Today: Making it happen” Capital Markets Day held in London.
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AkzoNobel is to broaden its leadership team in order to accelerate sustainable growth. This decision should be considered in the context of new strategic ambitions – due to be announced tomorrow at a Capital Markets Day in London.
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AkzoNobel’s global Chelates business is pleased to announce that its GLDA (l-glutamic acid, N,N-di (acetic acid), tetrasodium salt) chelates have been approved by the United States Environmental Protection Agency (EPA) for use in non food contact pesticide formulations.
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AkzoNobel will significantly expand the capacity of its worldscale Trimethyl Gallium plant in
LaPorte, Texas, USA during summer of 2010, enhancing its position as the globally leading
manufacturer of this electronic grade material.
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