Covestro is reducing its polycarbonate operations in Antwerp, while paint giants AkzoNobel and Axalta plan to merge into a $25 billion entity named Axanzo by early next year.
ICIS News Asia reports on reshaped petrochemical trade flows driven by Middle East conflicts, India's expanded PVC trade remedies, and AkzoNobel's $1.35bn paint unit sale. The digest covers global ove
AkzoNobel inaugurated a €7.5-million innovation lab in the Netherlands focused on sustainable, solvent-free powder coatings. The facility aims to accelerate energy-efficient solutions and support the
AkzoNobel has opened a €7.5 million innovation lab in the Netherlands to develop lower-carbon powder coatings. The facility will focus on lower temperature curing technologies and extending product li
AkzoNobel will debut at the 9th China International Import Expo, showcasing sustainable coating innovations and applications for aerospace and infrastructure projects.
AkzoNobel faces a new takeover bid and ARPA-H launches a rare disease initiative, while Dow outlines AI-driven cost reductions and layoffs during its earnings call amidst regional geopolitical tension
AkzoNobel confirmed Russian subsidiaries are under temporary external administration via presidential decree, stating Russia accounts for less than 2% of revenue and local operations were previously r
AkzoNobel achieved its 2030 carbon emission reduction target four years early with SBTi certification. The company now operates 100% renewable power across three continents, including five Chinese fac
AkzoNobel reported Q1 profit resilience driven by cost-cutting, raising full-year EBITDA guidance above €1.47 billion while cautioning about future raw material and logistics cost increases.
AkzoNobel forecasts improved 2026 earnings with €1.47 billion adjusted EBITDA, driven by cost-saving programs offsetting rising raw material costs. The company also confirmed progress on its planned m
AkzoNobel has appointed Cevian Capital's Schuchna to its supervisory board, as the investment firm is the company's largest shareholder.
AkzoNobel reported higher net profit driven by gains from divesting its Indian subsidiary, though adjusted EBITDA missed estimates. The company anticipates earnings improvement by 2026 despite limited
AkzoNobel and Axalta are merging in a $25 billion deal to form a leading paints and coatings company, with transaction closing expected in late 2026 or early 2027.
AkzoNobel has reduced its financial guidance amid ongoing market uncertainties. The company reported a Q3 net loss due to one-time charges and currency headwinds affecting revenue into Q4.
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