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AkzoNobel

@akzonobel.com

AkzoNobel is a pioneering paints company that’s committed to science-based targets and is taking genuine action to address globally relevant challenges and protect future generations.

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About

Description

AkzoNobel is a multinational company based in the Netherlands that specializes in the production of paints, coatings, and specialty chemicals. The company's history dates back to 1646 when Swedish chemist Per Bolmstedt founded the predecessor of the modern AkzoNobel. Over the years, the company grew through mergers and acquisitions, including the merger between the Dutch firm AKZO and the Swedish company Nobel Industries in 1994, which resulted in the formation of AkzoNobel.


The company's headquarters is located in Amsterdam, the Netherlands. As a global firm, it operates in over 150 countries, employing approximately 34,500 people worldwide. AkzoNobel has a decentralized organizational structure, consisting of three main business areas: Decorative Paints, Performance Coatings, and Specialty Chemicals.


AkzoNobel's Decorative Paints division offers a wide range of decorative paints, including well-known brands such as Dulux, Levis, and Flexa. The Performance Coatings segment focuses on providing high-performance coatings, such as industrial and marine coatings, automotive coatings, and powder coatings. In the Specialty Chemicals segment, AkzoNobel produces chemicals used in various industries, including pulp and paper, personal care, and pharmaceuticals.


With its global operations, AkzoNobel has several noteworthy subsidiaries, joint ventures, and partnerships. For example, the company has a joint venture with France-based D. I.


Y. In terms of market position, AkzoNobel is one of the largest paint and coatings companies globally. The company has a strong presence in Europe and a growing presence in emerging markets, such as China and India.


In 2020, AkzoNobel reported total sales of €8. 5 billion. AkzoNobel has been recognized for its commitment to sustainability and innovation.


The company has implemented various initiatives to reduce its environmental impact and develop more sustainable products. Additionally, AkzoNobel has received numerous awards for its innovative coatings and paints. As of the most recent information available, AkzoNobel remains a leading player in the industry, continuously focusing on growth and innovation.


However, given the dynamic nature of the business environment, it is advised to consult the latest reports and announcements for the most up-to-date information on the company's current status

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Company Type

Public Company

Company Size

10,001+

Year Founded

1792

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