AMSTERDAM, The Netherlands, Sept. 7, 2017 (Press Release) -AkzoNobel has returned to the top of the influential Dow Jones Sustainability Index (DJSI) to lead the rankings again for the fifth time in six years.
The latest listing, published today, places the company first in the Chemicals industry group. It represents a quick and successful response from the company after its run of four consecutive years at the top came to an end in 2016.Read more
AMSTERDAM, The Netherlands , July 25, 2017 (Globe Newswire) -AkzoNobel today announces a new structure for its Executive Committee. This change is 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:Read more
AMSTERDAM, The Netherlands , July 18, 2017 (Globe Newswire) -AkzoNobel's Specialty Chemicals business is working on plans to double production capacity at its organic peroxides facility in Ningbo, China, during the next two years.
A project to boost the capacity by 40% is already underway, which is expected to be completed by mid-August. The company is now considering a larger scale expansion which would increase current capacity by 100%. The site produces dicumyl peroxide (DCP), an organic peroxide used as a crosslinking agent in the manufacture of polymers.Read more
AMSTERDAM, The Netherlands , June 1, 2017 (Press Release) -AkzoNobel notes the recent announcement from PPG that it has withdrawn its proposal and will not pursue an offer for AkzoNobel.
Ton Büchner, AkzoNobel CEO, said:
"We continue to focus on our business, pursuing our strategy of accelerating sustainable growth and profitability and creating two focused, high-performing businesses - Paints and Coatings and Specialty Chemicals. We believe this will lead to a step change in growth and long-term value creation for our shareholders and all other stakeholders.Read more
AMSTERDAM, The Netherlands , May 31, 2017 (Press Release) -AkzoNobel's Specialty Chemicals business has taken another significant step in cementing its industry leadership in organic peroxides with the completion of an expansion project at its Polymer Chemistry production facility in Los Reyes, Mexico.
The investment will increase the company's peroxyester capacity in North America by 40%, substantially increasing the supply of essential ingredients for customers in the polymer industry.Read more
BRUSSELS, May 30, 2017 (RISI) -A Dutch court on Monday ruled in favor of chemical giant AkzoNobel and against a minority shareholder who was attempting to force the removal of the firm’s chairman.Read more
AMSTERDAM, The Netherlands , May 8, 2017 (Globe Newswire) -AkzoNobel today announces it has declined a third unsolicited, non-binding and conditional proposal submitted by PPG Industries on April 24, 2017, for all outstanding ordinary shares in the capital of AkzoNobel.
AkzoNobel has concluded its own strategy, presented on April 19, 2017, offers a superior route to growth and long-term value creation and is in the best interests of shareholders and all other stakeholders.Read more
AMSTERDAM, The Netherlands , May 4, 2017 (Press Release) -The US Environmental Protection Agency (EPA) has announced AkzoNobel's Surface Chemistry business as a 2017 Safer Choice Partner of the Year. The business was recognized for its role in proactively advancing the safer chemistry and safer product goals of the EPA Safer Choice program.
The Safer Choice program evaluates the environmental and human health impacts of every chemical ingredient in a product. The EPA chooses Partners of the Year in five categories; AkzoNobel was selected in the "Innovators" category.Read more