www.pcimag.com/articles/85271-akzonobel-to-divest-non-stick-coatings-activities

AkzoNobel to Divest Non-Stick Coatings Activities

March 1, 2009

AMSTERDAM, the Netherlands – AkzoNobel has agreed to divest its non-stick coatings business to privately owned, U.S.-based Whitford Worldwide, Elverson, PA.

The deal involves AkzoNobel’s global cookware and bakeware activities, which operate out of five sites in the United States, China, India, Brazil and Italy.

Whitford Worldwide manufactures a wide range of non-stick coatings for consumer applications of all types, including frying pans, coffee-plate warmers and waffle makers. The company also manufactures coatings for the chemical processing and petrochemical industries.