Akzo Nobel N.V. has completed the acquisition of 100% of the shares of Industrias Titan S.A.U. (Titan Paints), strengthening its paints business and footprint in Spain.
Akzo Nobel N.V. published results for fourth-quarter and full-year 2020, reporting net cash from operating activities significantly increased to €1,220 million for the year.
PPG announced the introduction of a digital styling program that enables automotive designers to execute exceptionally realistic three-dimensional modeling of automotive colors and effects on virtual car designs and surfaces.
Akzo Nobel N.V. recently announced it no longer intends to pursue the acquisition of Finnish coatings manufacturer Tikkurila Oyj, following a competing, higher offer.
Akzo Nobel N.V. has made a non-binding proposal to acquire Finland-based coatings manufacturer Tikkurila in an all-cash offer worth approximately $1.7 billion.
Powder coatings manufacturer IFS Coatings Inc. announced that it will purchase monthly carbon offsets to further its work towards becoming more sustainable.
PPG announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications headquartered in Germany.