AkzoNobel NV Overview
Company Headquarters: Amsterdam
Founded: 1994
Workforce: ~46,000
Company Working: Akzo Nobel is one of the leading manufacturers of paints, coatings, and specialty chemicals. It operates through three core segments, namely performance coatings, decorative paints, and specialty chemicals. Specialty chemicals segment delivers adhesion promoters, emulsifiers, warm mix additives, and technical support for road construction and maintenance industry. Performance coatings segment offers coatings for aerospace, automotive, and marine industries to enhance and protect aircraft, cars and ships among others. However, in 2018, the formerAkzoNobel specialty chemicals was relaunched as Nouryon. Nouryon offers various corrosion inhibitors such as ARMOHIB CI-41 and ARQUID SV-50, which are used in various applications.
Strategy
Akzo Nobel aims at creating value-added products, becoming a reference point in the paints and coatings industry, and achieving performance goals in the automotive paints and coatings market. Furthermore, the company emphasizes environment-friendly production processes to minimize its carbon footprint and achieve sustainable profit margins.



