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In the first quarter of 2016, the overall operating income of Akzo Nobel's decorative paint business increased by 4%.
Although sales have declined, the good performance of the Asian and European markets has resulted in an overall increase of 6% in sales.
According to Akzo Nobel's statistics, the growth of consumer demand for decorative paints is closely related to GDP growth and consumer expectations.
In a high-growth market like China, ensuring that its own growth rate exceeds the industry average has become Akzo Nobel's primary goal.
As of 2014, Akzo Nobel's business is distributed in more than 80 countries around the world, with the mature European market accounting for 38% and the Asia-Pacific market accounting for 25%.
From the perspective of the proportion of global decorative paint business, Akzo Nobel's follow-up maintenance, refurbishment and repair business accounted for 84% of the absolute advantage.
Through continuous product innovation, professionalism in the color field and efficient production capacity covering the world, Akzo Nobel still holds a leading position in the global decorative paint field.
The "People? City" plan launched by Kezo Nobel this time is undoubtedly an important step in conforming to the development of China's urbanization and promoting the concepts of color, sustainable development, education, and culture.
"To ensure that China's urbanization development can be people-oriented, a prudent and comprehensive urban planning strategy is essential.
Our'People? City' manifesto will provide advice and suggestions for achieving this goal.
" said Lin Liangqi, President of Akzo Nobel China.
He emphasized, “Akzo Nobel has been committed to creating a better living and working environment for communities around the world for a long time.
The'People? City' plan will provide a more powerful and broad platform to help the current urbanization development.
"(Source: Global Coatings Network) (For more information, please log in: Global Coatings Network http:// )
