Akzo Nobel N.V. Overview
Company Headquarters: Amsterdam, Netherlands
Founded: 1994
Workforce: ~35,200
Company Working: Akzo Nobel N.V. operates its business by manufacturing products of various industries such as decorative paints, automotive & specialty coatings, industrial coatings, powder coating and marine, protective and yacht coatings. The automotive and specialty coatings segment of the business comprises products such as aerospace coatings, consumer electronics coatings, automotive OEM coatings, vehicle refinishes and sign finishes. Further, its industrial coatings segment offers products including coil and extrusion coatings, wood finishes, packaging coatings, and adhesives. The company owns more than 3,100 patents and has robust research and development capabilities which is evident from the fact that it has spent around USD 1.33 billion on research and development in last five years and possess five R&D centers. The brand portfolio offered by the company includes Dulux, Sikkens, International and Interpon and has a strong geographical presence in around 150 countries.
Strategy
The mission of Akzo Nobel N.V. is to deliver innovative and sustainable solutions to their customers. It further aims at focusing key global topics namely climate change, circularity and health and well-being. The company collaborates with customers, suppliers, academia, and other stakeholders to achieve their business goals along with focusing on pushing boundaries and actively contributing to an ever-changing world by finding inventive ways.
