07.27.23
Philadelphia, PA/USA
www.axaltacoatingsystems.com
PUBLIC COMPANY; YEAR ESTABLISHED: 2013
REVENUE: $4.9 billion s (2021: $4.4 billion)
MARKETS SERVED
Automotive OEM; Collision repair; Industrial Coatings; Commercial Transportation
KEY EXECUTIVES:
Chris Villavarayan, CEO and president; Hadi Awada, SVP, Global Mobility Coatings; Shelly Bausch, SVP, Global Industrial Coatings; Troy Weaver, SVP, Global Refinish; Patricia Morschel, VP, global marketing and commercial ops; Demi Lin, VP, business development and strategic marketing; Lisa Gentile, global marketing and branding director; Robert Roop, SVP and CTO.
Axalta Coating Systems, a global supplier of coatings to the transportation and industrial sectors, posted sales of $4.9 billion for 2022. Axalta reported that 41% of coatings sales were in North America. General and industrial maintenance comprised 29% of sales, auto refinish comprised 40% of sales, light vehicle comprised 24% and commercial vehicle comprised 8%. The company has 47 manufacturing facilities located in 11 countries and employs 12,000 people. In November 2022 Axalta completed an immaterial bolt-on acquisition that has since operated within its Performance Coatings segment and is based in Europe.
Axalta’s key brands
Axalta has a large color library and several well-known, long-standing premium brands, including Cromax, Standox, Spies Hecker, Syrox, and Raptor, as well as other regional and local brands.
Refinish includes Raptor, Dolphin, and Gold, among others. Its major Industrial brands include Imron Industrial, Tufcote Industrial, Corlar Industrial, Strenex Industrial, PercoTop, Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, and Ceranamel for liquid coatings and Alesta, Teodur, Nap-Gard, Abcite and Plascoat for powder coatings. The Mobility segment includes Harmonized Coating Technologies, including 3-Wet, Eco-Concept and 2-Wet Monocoat, that help its OEM customers lower costs by reducing energy consumption while increasing productivity. Its commercial vehicle brands include Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats and AquaEC, Irus Mix.
Two Scientists Elevated to Axalta Fellow
The company has elevated Dr. Mike Grady and Dr. Jeff Johnson to Axalta Fellow for their significant scientific accomplishments, technical leadership, and commercial contributions. Axalta Fellow is the highest honor that a scientist or engineer can earn within the company’s global Technology function.
Dr. Grady is Axalta’s leading expert in reaction engineering, polymer processing, reactor design, modeling, and optimization. For more than 40 years he has developed and improved Axalta’s resin processes for many coatings technologies. Dr. Grady has also initiated and driven fundamental research to advance higher temperature acrylic free-radical chemistry within Axalta and academia. His process innovations include significant improvements for making many of Axalta's key resins including solution acrylics, polyesters, and oligomers for low VOC materials. He leads the global resin network of Technology and Operations process engineers and is instrumental in driving best practices and known solutions across Axalta’s laboratories and manufacturing sites. He serves as an adjunct professor at Drexel University, University of Pennsylvania, and Rowan University. He earned a doctorate in chemical engineering from Eidgenössische Technische Hochschule Zürich, Switzerland.
Dr. Johnson is Axalta’s leading expert in resin synthesis. For more than 30 years he has developed innovative resins that enable multiple generations of new product development and commercialization, with broad customer and commercial impact across many OEM and industrial customers. Dr. Johnson is a subject matter expert for all resin classes at Axalta. His deep knowledge and fundamental understanding cover a variety of polymer architectures, including acrylic, epoxy, polyester, polyurethane, and silane chemistry. He has 89 granted patents spanning 14 countries that support commercial sales over the years.
Dr. Johnson’s impact goes beyond resin development. His extensive experience in entire value chain of product development lends him deep credibility with customers. He has also represented Axalta in many technical partnership programs. He earned a doctorate in organic chemistry from University of California –Los Angeles.
• Axalta’s Spies Hecker full-waterborne repair system and Digital Paint coating technology for high-resolution images won Bronze 2022 Edison Awards
• In 2022, Axalta won the Innovation in Costs and Excellence in Direct Purchase category in CAOA Chery’s annual Best Supplier Awards
www.axaltacoatingsystems.com
PUBLIC COMPANY; YEAR ESTABLISHED: 2013
REVENUE: $4.9 billion s (2021: $4.4 billion)
MARKETS SERVED
Automotive OEM; Collision repair; Industrial Coatings; Commercial Transportation
KEY EXECUTIVES:
Chris Villavarayan, CEO and president; Hadi Awada, SVP, Global Mobility Coatings; Shelly Bausch, SVP, Global Industrial Coatings; Troy Weaver, SVP, Global Refinish; Patricia Morschel, VP, global marketing and commercial ops; Demi Lin, VP, business development and strategic marketing; Lisa Gentile, global marketing and branding director; Robert Roop, SVP and CTO.
Axalta Coating Systems, a global supplier of coatings to the transportation and industrial sectors, posted sales of $4.9 billion for 2022. Axalta reported that 41% of coatings sales were in North America. General and industrial maintenance comprised 29% of sales, auto refinish comprised 40% of sales, light vehicle comprised 24% and commercial vehicle comprised 8%. The company has 47 manufacturing facilities located in 11 countries and employs 12,000 people. In November 2022 Axalta completed an immaterial bolt-on acquisition that has since operated within its Performance Coatings segment and is based in Europe.
Axalta’s key brands
Axalta has a large color library and several well-known, long-standing premium brands, including Cromax, Standox, Spies Hecker, Syrox, and Raptor, as well as other regional and local brands.
Refinish includes Raptor, Dolphin, and Gold, among others. Its major Industrial brands include Imron Industrial, Tufcote Industrial, Corlar Industrial, Strenex Industrial, PercoTop, Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, and Ceranamel for liquid coatings and Alesta, Teodur, Nap-Gard, Abcite and Plascoat for powder coatings. The Mobility segment includes Harmonized Coating Technologies, including 3-Wet, Eco-Concept and 2-Wet Monocoat, that help its OEM customers lower costs by reducing energy consumption while increasing productivity. Its commercial vehicle brands include Imron, Imron Elite, Centari, Rival, Corlar epoxy undercoats and AquaEC, Irus Mix.
Two Scientists Elevated to Axalta Fellow
The company has elevated Dr. Mike Grady and Dr. Jeff Johnson to Axalta Fellow for their significant scientific accomplishments, technical leadership, and commercial contributions. Axalta Fellow is the highest honor that a scientist or engineer can earn within the company’s global Technology function.
Dr. Grady is Axalta’s leading expert in reaction engineering, polymer processing, reactor design, modeling, and optimization. For more than 40 years he has developed and improved Axalta’s resin processes for many coatings technologies. Dr. Grady has also initiated and driven fundamental research to advance higher temperature acrylic free-radical chemistry within Axalta and academia. His process innovations include significant improvements for making many of Axalta's key resins including solution acrylics, polyesters, and oligomers for low VOC materials. He leads the global resin network of Technology and Operations process engineers and is instrumental in driving best practices and known solutions across Axalta’s laboratories and manufacturing sites. He serves as an adjunct professor at Drexel University, University of Pennsylvania, and Rowan University. He earned a doctorate in chemical engineering from Eidgenössische Technische Hochschule Zürich, Switzerland.
Dr. Johnson is Axalta’s leading expert in resin synthesis. For more than 30 years he has developed innovative resins that enable multiple generations of new product development and commercialization, with broad customer and commercial impact across many OEM and industrial customers. Dr. Johnson is a subject matter expert for all resin classes at Axalta. His deep knowledge and fundamental understanding cover a variety of polymer architectures, including acrylic, epoxy, polyester, polyurethane, and silane chemistry. He has 89 granted patents spanning 14 countries that support commercial sales over the years.
Dr. Johnson’s impact goes beyond resin development. His extensive experience in entire value chain of product development lends him deep credibility with customers. He has also represented Axalta in many technical partnership programs. He earned a doctorate in organic chemistry from University of California –Los Angeles.
2022 Success Stories:
• Abcite 2060 Thermoplastic Flame Spray Powder Coating named a 2022 R&D 100 Award winner• Axalta’s Spies Hecker full-waterborne repair system and Digital Paint coating technology for high-resolution images won Bronze 2022 Edison Awards
• In 2022, Axalta won the Innovation in Costs and Excellence in Direct Purchase category in CAOA Chery’s annual Best Supplier Awards
