Key Developments: Akzo Nobel NV (AKZO.AS)

AKZO.AS on Amsterdam Stock Exchange

51.14EUR
24 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Akzo Nobel Awlgrip brand selected for Sea Ray's new luxury yachts
Tuesday, 27 May 2014 08:00pm EDT 

Akzo Nobel NV:Awlgrip brand selected as preferred topcoat supplier to Sea Ray, manufacturer of boats ranging from 18 to 65 feet.Sea Ray L650 Fly boat, featuring Awlcraft SE metallic topside paint in Aurora Gold, recently unveiled.Awlcraft SE is fast-drying topcoat, available in custom colors including metallic and effect finishes, with possibility to be repaired and buffed without compromising performance.  Full Article

Fitch Affirms Akzo Nobel at 'BBB+'; Negative Outlook
Monday, 12 May 2014 08:00pm EDT 

Fitch Ratings:Affirms Akzo Nobel NV's Long-term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB+.Outlook is negative.Negative Outlook reflects Fitch's opinion that AkzoNobel's credit metrics continue to offer limited headroom for headwinds or underperformance under ongoing restructuring projects.  Full Article

Akzo Nobel opens Imperatriz Chemical Island in Brazil
Sunday, 11 May 2014 08:00pm EDT 

Akzo Nobel NV:Opens 80 million euro Imperatriz Chemical Island in Brazil.Facility has started supplying chemicals to Suzano Maranhao Pulp Mill.  Full Article

Akzo Nobel and Solvay seal partnership with EY to monitor sustainable raw material use
Tuesday, 6 May 2014 08:00pm EDT 

Akzo Nobel NV:Akzo Nobel and Solvay have joined forces with EY (Ernst & Young) to jointly develop monitoring system that tracks and quantifies use of renewable raw materials in paints, coatings and other applications.Solvay, Akzo Nobel and EY will develop "chain of custody methodology" to ensure that even in situations where no physical segregation of petro and bio-based materials is practiced, volumes may still be assigned and reported.  Full Article

Akzo Nobel NV opens new energy efficient membrane electrolysis plant in Germany
Tuesday, 6 May 2014 02:01am EDT 

Akzo Nobel NV:Announces the inauguration of its new chlorine membrane electrolysis plant in the Rhein-Main area, Germany.Says the plant is the result of a conversion and expansion project begun in 2011 and involving a 140 million euros investment by the company. Capacity has been increased by 50 percent whilst at the same time reducing the plant's overall ecological footprint by some 20 percent.  Full Article

Akzo Nobel NV approves dividend
Tuesday, 29 Apr 2014 11:57am EDT 

Akzo Nobel NV:Agrees that the 2013 financial year dividend would be 1.45 Euro (2012:1.45Euro) per common share.Interim dividend of 0.33 Euro was paid in November 2013, which means the final payment will be 1.12 Euro per share.Final dividend will be paid on May 28.Ex-dividend as of May 2.Record date is May 6.  Full Article

Akzo Nobel launches new Interpon Align powder coatings technology
Monday, 14 Apr 2014 08:00pm EDT 

Akzo Nobel NV:Company's Powder Coatings business launches new two-coat, one-bake powder coating system offering customers productivity and energy efficiency improvements and potential lower capital investment.Interpon Align delivers superior edge coverage and corrosion performance, while eliminating one full cure cycle, utilizing dry-on-dry coatings technology.New technology can be tailored to meet exact color and performance requirements, resulting in wide range of end-use products, including thick and heavy mass metal parts.  Full Article

Akzo Nobel introduces new software for shipping industry
Thursday, 3 Apr 2014 04:04am EDT 

Akzo Nobel NV:Launches digital tool called Intertrac for shipping industry that enables operators to accurately assess and predict the risk of hull fouling, depending on which routes are being traded.Intertrac analyzes various data streams in order to draw up fouling risk profile.This can then be used to tailor coatings system to vessel's specific route.  Full Article

Akzo Nobel NV doubles capacity at industrial coatings site in China
Wednesday, 5 Mar 2014 02:05am EST 

Akzo Nobel NV:Completed 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 world.  Full Article

Akzo Nobel NV proposes final dividend
Thursday, 6 Feb 2014 01:00am EST 

Akzo Nobel NV:Says it will propose fiscal 2013 final dividend of 1.12 euro per share, which would make a total fiscal 2013 dividend of 1.45 euro per share.Says this is stable versus the total dividend per share paid out in 2012 of 1.45 euro per share.  Full Article

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AkzoNobel hits targets, but sees slowing global growth

AMSTERDAM - Dutch paint and coatings company AkzoNobel met markets exceptions in the third quarter and stuck to its 2015 targets despite slowing growth in all of its major markets except the United States.

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