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    AKZA   NL0013267909

AKZO NOBEL N.V.

(AKZA)
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Akzo Nobel N : AkzoNobel marks 50th anniversary of Resicoat brand

07/13/2021 | 05:25am EDT

Various developments followed - including the inauguration of a production site in Reutlingen, Germany. Then in 1992, Resicoat became part of Akzo Coatings GmbH, and has since established a global production footprint.

'We're extremely proud to be marking Resicoat's Golden Jubilee,' says Daniela Vlad, Director of AkzoNobel's Powder Coatings business. 'It's a much respected brand which has continued to grow and evolve with the changing needs of our customers. Some things will always remain constant, however, such as Resicoat's ability to perform in the most challenging of conditions.'

The versatility of the Resicoat range means it can be used across a variety of industries, highlighted by two recent developments. In China, Resicoat R2 coatings are being supplied for the Pearl River Delta water resource allocation project - the largest investment in a water diversion project in the history of Guangdong Province. Meanwhile, Resicoat products are also at the center of a dedicated portfolio of solutions that the company now offers to manufacturers of electric vehicles and components.

'Needs and environments will continue to change, and we'll continue to change with them,' adds Vlad. 'Resicoat has established a solid reputation over the last half a century, but now it's all about looking forward, innovating with and for our customers and focusing on what the expectations are going to be during the next 50 years.'

For more details about the Resicoat range, visit: www.interpon.com/gb/markets/functional

Disclaimer

Akzo Nobel NV published this content on 13 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2021 09:24:05 UTC.


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Sales 2021 9 608 M 11 251 M 11 251 M
Net income 2021 792 M 927 M 927 M
Net Debt 2021 2 047 M 2 397 M 2 397 M
P/E ratio 2021 22,0x
Yield 2021 2,16%
Capitalization 17 963 M 21 034 M 21 035 M
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Nbr of Employees 32 800
Free-Float 95,5%
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Last Close Price 98,56 €
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Maarten de Vries Chief Financial Officer
Nils Smedegaard Andersen Chairman-Supervisory Board
Byron Elmer Grote Deputy Chairman-Supervisory Board
Dick M. Sluimers Member-Supervisory Board
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