Tag: Akzonobel

AkzoNobel announces new management structure
Global

AkzoNobel announces new management structure

AkzoNobel has announced a new management structure for its Paints and Coatings business in advance of creating two focused high-performing businesses; Paints and Coatings and Specialty Chemicals. This announcement follows the recently communicated changes to the Executive Committee, including the appointment of Ruud Joosten as Chief Operating Officer and David […]

AkzoNobel completes acquisition of Disa Technology
Global

AkzoNobel completes acquisition of Disa Technology

Paint and coatings maker, AkzoNobel said it has finalsed the acquisition of Disa Technology Disa Technology is a French paints manufacturer. AkzoNobel said the acquisition strengthens AkzoNobel’s global leadership position in supplying innovative industrial coatings and aerospace and automotive coatings. Headquartered in Limoges, Disatech is the leader in aerospace technical […]

AkzoNobel reaches agreement with Elliott
Global

AkzoNobel reaches agreement with Elliott

AkzoNobel said it has reached an agreement with affiliates of Elliott Advisors Limited following recent constructive dialogue, with the aim of normalizing the relationship with its shareholders. The agreement includes alignment on the AkzoNobel strategy to fully separate Specialty Chemicals. In addition, Elliott will support the appointment of Mr. Thierry […]

AkzoNobel, Itaconix finalize bio-based polymer application agreement
Global

AkzoNobel, Itaconix finalize bio-based polymer application agreement

AkzoNobel said its speciality chemicals unit has finalised the first application agreement for bio-based polymers to result from its collaboration with speciality polymers company Itaconix. Announced earlier this year, the joint development agreement involves AkzoNobel’s Performance Additives unit developing applications for Itaconix polymers to be used in the coatings and […]

AkzoNobel announces a new board restructure
Global

AkzoNobel announces a new board restructure

Building materials and coating maker, AkzoNobel has announced a new board structure designed to drive operational excellence, increase customer focus, and build further momentum and speed into the organization. In the new Executive Committee the following roles will continue: Chief Executive Officer (Thierry Vanlancker) Chief Financial Officer (Maëlys Castella) General […]

AkzoNobel CEO, Ton Buchner to step down immediately
Global

AkzoNobel CEO, Ton Buchner to step down immediately

AkzoNobel said that Chief Executive Ton Büchner steps down with immediate effect due to health reasons. The company has announced Thierry Vanlancker as the new CEO. Ton joined AkzoNobel in 2012 and has been responsible for significantly improving the performance of the company, increasing profitability and cash flow to record […]