Welcome Guest to Coatings World    Login || Register
Last Updated Monday, July 28 2014
Print

Akzo Nobel Reports Third Coatings Quarter Sales



Published August 10, 2005
Related Searches: Powder Coatings Decorative Coatings
Akzo Nobel’s third quarter coatings unit continued solid perfor-
mance, according to company officials, with sales growth of two percent. However, including currencies and divestments, sales actually fell five percent.
“In difficult market conditions, our worldwide number one coatings business showed a solid performance,” said Akzo Nobel’s CFO Fritz Fröhlich. “Restructuring is contributing clearly and costs are well under control. Return on sales margins in the quarter were on a par with last year’s third quarter. Workforce decreased more than 1,000 employees on a net basis, despite continuous growth in the emerging markets. The marine and protective coatings, powder coatings and industrial activities were particularly strong. Decorative coatings is feeling the pressure from weak business conditions in Europe.”


blog comments powered by Disqus
Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
US
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Sun Chemical Corporation Performance Pigments
5020 Spring Grove Avenue
Cincinnati, OH, 45232
USA
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
Taiwan
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
Buhler Group (Nanotechnology)
13105 12th Ave. North
Plymouth, MN, 55441-4509

View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Follow Coatings World On