The latter faced, amongst others, technical problems in the manufacturing of synthetic fibers. Business Profile Akzo Nobel Coatings Inc. There are 4 companies in the Akzo Nobel Inda, S.A. de C.V. corporate family. Ultimately, AkzoNobel products were found in everyday items such as paper, ice cream, bakery goods, cosmetics, plastics and glass. Akzo Nobel is a multicultural company. Production, R&D, sales and marketing is located in Sundsvall. Due to high revenues from the sales of its pharmaceutical business, AkzoNobel was the world's most profitable company in 2008.[33]. In 1986 focusses to paint and specialty products with the purchase of Beatrice's Chemicals Division and Glidden Paint. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 46,000 people. Akzo Nobel India Limited is a listed public company. The Decorative Paints segment supplies a range of products, including paints, lacquers and varnishes. Joint ventures operated with energy companies enable Akzo Nobel to make competitive use of combined heat and power (cogeneration) to assist in the production of vacuum salt and chlorine. [24] Days later one of Great Britain's largest pension scheme investors, Universities Superannuation Scheme (USS), urged Akzo to engage with PPG. In 2001 divests ADC optical monomers business to Great Lakes Chemical, in 2002 its printing inks business, in 2004 its catalyst business to Albemarle Corp., in 2005 its Ink & Adhesive Resins to Hexion and UV/EB Resins to Cray Valley, in 2007 its Akcros Chemicals to GIL Investments. In 1990, Pharos acquired American electronics group Spectra-Physics. Company profile for Akzo Nobel India Ltd. including key executives, insider trading, ownership, revenue and average growth rates. In 1986 the group divested its civil explosives business, Nitro Nobel, whilst acquiring paper and pulp group Eka AB. We're experts in the proud craft of making paints and coatings, setting the standard in color and protection since 1792. PROFILE Akzo Nobel, headquartered in Arnhem, the Netherlands, is aworldwide operating company with activities in more than 50 countries and over 70,000 employees. In 1986 the company acquired Elektrokemiska Aktiebolaget (Eka), another company founded by Alfred Nobel in 1895. 1899) and Nederlandse Kunstzijdefabriek (ENKA, est. Company Profile Akzo Nobel. 24/12/2020, Find contact details of offices and other locations, United Kingdom and Ireland / United Kingdom and Ireland. Akzo Nobel N.V. operates in the Paints & Allied Products sector. The number of employees is about 200. Akzo Nobel is a multicultural company. [27] In early June, PPG chose to walk away from the potential deal. In 1978 KemaNord acquired Swedish civil explosives chemical group Nitro Nobel and Liljeholmens Stearinfabrik; in 1981 it acquired Swedish electronics group Pharos from AGA and a year later the paints group Nordsjö. The company was formerly known as Akzo NV and changed its name to Akzo Nobel N.V. in 1994. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}52°20′24″N 4°52′16″E / 52.34000°N 4.87111°E / 52.34000; 4.87111, Acquisition of Imperial Chemicals Industries (ICI), "AkzoNobel sells North American paint arm to PPG for $1.1 billion", "BBC NEWS - Business - Akzo Nobel ICI merger completed", "PPG Makes Revised Proposal to Combine with AkzoNobel", "AkzoNobel shareholders turn up the heat on Dulux owner over rejected PPG takeover bid", "Largest shareholder at big North East employer AkzoNobel urges takeover talks", "Akzo Nobel faces call to axe chairman amid takeover battle", "Another Akzo Nobel investor calls for meeting on chairman", "Akzo Nobel unveils plan to separate chemicals arm, pay special dividend", "Akzo Nobel beats on first quarter operating profit, sees 2017 growth", "PPG Industries says Akzo Nobel's new plan is worse for shareholders", "PPG dismisses Akzo Nobel defence, presses takeover case", "Elliott calls Akzo Nobel strategic plan 'incomplete, "PPG raises offer for Akzo Nobel to $29 billion", "Akzo Nobel shareholder Columbia Threadneedle urges talks with PPG", "Akzo Nobel purchase would add to earnings in first year - PPG CEO", "Akzo Nobel investor USS backs call for PPG talks over revised bid", "Exclusive - Akzo sees latest PPG bid inadequate, weighs options-sources", "Akzo Nobel declines third takeover proposal from PPG", "How PPG lost its $29.5 billion bet on Dulux paint", "Akzo responds to PPG approach after takeover battle ends", "Akzo faces tough battle after fending off PPG", "Akzo Nobel CEO quits, successor must deliver merger defense promises", "AkzoNobel Specialty Chemicals is now Nouryon", "AkzoNobel investing €30 million to meet demand for Expancel", Selected Royal Warrant holders of the British Royal Family, https://en.wikipedia.org/w/index.php?title=AkzoNobel&oldid=992826239, Multinational companies headquartered in the Netherlands, Manufacturing companies based in Amsterdam, Companies formerly listed on Euronext Amsterdam, Pages containing links to subscription-only content, Articles with unsourced statements from August 2012, Creative Commons Attribution-ShareAlike License, Industrial Chemicals (IC), before 1 January 2009 known as Base Chemicals (BC), Pulp and Performance Chemicals, under brand name Eka (PPC), This page was last edited on 7 December 2020, at 08:44. Year on year Akzo Nobel India Ltd had revenues fall -8.79% from 29.18bn to 26.62bn, though the company grew net income 12.51% from 2.11bn to 2.37bn. In 1984 Bofors acquired majority interest in KemaNobel, both companies have historic ties to Alfred Nobel, the 19th century Swedish inventor whose invention of dynamite gave a safe way to manage the detonation of nitroglycerin. The Decorative Paints segment supplies a range of products, including paints, lacquers and varnishes. The Company operates through two business segments: Decorative Paints and Performance Coatings. Business Profile. In 1993 ICI demerged its bioscience business, splitting into two the publicly listed companies: ICI and Zeneca—Zeneca would later go onto merge with Astra AB, forming the current pharmaceutical company, AstraZeneca. 1911) merged, forming Algemene Kunstzijde Unie (AKU). Akzo Nobel NV is a paints and coatings company based in the Netherlands. 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