Akzo, Origin Electric Form Licensing Partnership
Akzo Nobel Car Refinishes has inked a technology cross-licensing agreement with Origin Electric Co. Ltd. of Tokyo, relating to the Japanese and European markets. The accord includes interior and exterior plastic coatings technology for the automotive industry.
“In Origin Electric we have found a reputable partner with a strong technology base and a long-standing tradition as a supplier to the Japanese automotive industry,” said Rinus Rooseboom, general manager of Akzo Nobel Car Refinishes. “This technology cross-licensing agreement will benefit both companies and provides a stepping stone into the respective markets for each party.”