The Indian paint industry is likely to surge from the current level of about Rs. 40,600 crore to about Rs. 62,000 crore by 2016 witnessing double-digit compound annual growth rate (CAGR) of about 20 percent, according to The Associated ...
Tags: Paint Market, paint industry
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
The Indian paint industry is likely to surge from the current level of about Rs. 40,600 crore to about Rs. 62,000 crore by 2016 witnessing double-digit compound annual growth rate (CAGR) of about 20 percent, according to The Associated ...
Tags: Paint Industry, Positive Outlook
AkzoNobel broke ground on its new Decorative Paints site in Chengdu, capital city of Sichuan Province, China. The facility is part of an investment in excess of €50 million to build manufacturing facilities for both Powder Coatings and ...
Akzo Nobel N.V. reported positive volume development in all three Business Areas. Second quarter revenue of €3,710 million was 4 percent lower compared with the same quarter last year. The decrease was mainly due to 5 percent adverse ...
Tags: Akzonobel, Report, Decoration
Sustainability initiatives in the European coatings sector have reached a new phase with a much stronger focus on issues like low carbon footprints of products and waste reductions. Previously the industry has been concentrating on ...
Tags: Coatings, Construction, Decoration
The increasing demand for affordable housing, robust infrastructure, and other public amenities among the younger generation is fuelling the market for paints and coatings in Egypt. Nearly 65 per cent of Egypt's population is in the 15 to ...
Tags: Paints, Coatings Market
AkzoNobel has completed the expansion of its Industrial Coatings site in Songjiang near Shanghai in China, doubling annual production capacity and creating the company's biggest plant for packaging coatings in the world. Work started in ...
Tags: Industrial Coatings, Coatings, Construction
Akzo Nobel N.V. reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Akzo Nobel recently reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
European coatings companies have been hoping that this year would bring a revival in their domestic markets as the European Union economies, particularly those in the eurozone, started to show signs of recovery around mid-2013. But the ...
Tags: Construction, Decoration, Coating
Asian Piants Ltd. has released their financial results for the quarter and nine months ended December 31, 2013. "The decorative paints business in India did well considering the challenging and uncertain macro environment," said K.B.S. ...
After a sharp downturn following the 2008 financial crisis, growth in coatings demand in the Gulf region of the Middle East is now surging forward again. This recovery was symbolized in late November by the announcement that Dubai, which ...
Tags: Middle East, construction, coatings market
Following an announcement in June this year, AkzoNobel has agreed to the sale of 67 of its 72 German decorative paints stores to five independent wholesale distributors. Financial details were not disclosed. As a result of the ...
Tags: decoration, paints
Eastern Europe used to be regarded by Western European coatings producers as the buoyant market on their doorstep – in which demand could be depended upon to boost their sales especially at times of sluggish domestic growth. Now, ...
Tags: Eastern Europe, Coatings