BNET Industries
Market Cap:$14.7B
Last Fiscal Year Sales:$15.6B
- Public
- NL
Dow Jones Description
Akzo Nobel's paint colors turn the competition green. Founded in 1911 and headquartered in Arnhem, Netherlands, Akzo Nobel N.V. (NASDAQ: AKZOY (ADR); AMS: AKZA) is the world's largest paint maker, among other businesses. The company operates in several segments. Coatings segment produces paints, stains, chemicals, auto finishes, and synthetic resins. Pharmaceuticals segment produces prescription and over-the-counter drugs. Chemicals segment produces specialty, functional, and commodity chemicals. The company has annual revenue of about ?13 billion and employs about 61,500 people. Akzo Nobel was listed on FTSE4Good Index in 2006. In 2005 it was selected as a member of the prestigious Dow Jones Sustainability Indexes, World and Stoxx.
Chairman & CEO
G.J. WijersNumber of Employees 42,600
Peer Companies
NAICS Code Medicinal and Botanical Manufacturing: 325411
Recent Events
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2nd UPDATE: Akzo 3Q Net Profit Up, Fiscal Year Outlook Missing
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UPDATE: AkzoNobel 3Q Net Profit Up 30%, No Full-Year Outlook Given
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Kemira to buy Akzo Nobel's iron coagulant business in Nordic countries
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BRIEF-RESEARCH ALERT-Goldman cuts Givaudan to sell; raises Syngenta, DSM to buy
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Akzo profit a sign chemical makers have potential to surprise
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2nd UPDATE: AkzoNobel 2Q Net 13% Down, No Fiscal Year Outlook Given
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Akzo Nobel reports 13% decline in 2Q net income to Euro 155 million for 2009
News & Analysis
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akzo nobel n.v. - All News and Analysis
Dutch coatings specialist Akzo Nobel has strengthened its marine and protective coatings business with the acquisition of the Enviroline corrosion-resistant linings business
Dutch coatings specialist Akzo Nobel has strengthened its marine and protective coatings business with the acquisition of the Enviroline corrosion-resistant linings business, which serves the oil and gas sectors, of Industrial Environmental Coatings, based in Florida, US. No financial details were disclosed.
The management team of UK coatings firm Crown Paints has completed its buyout of the business from Dutch coatings
The management team of UK coatings firm Crown Paints has completed its buyout of the business from Dutch coatings major Akzo Nobel (C&I 2008, 16, 15).
Akzo Nobel
In a reaction to the current economic crisis, Dutch paints and coatings major Akzo Nobel has postponed a 1.6bn [euro] share buy-back programme in order to safeguard its refinancing of corporate bonds and is cutting 3500 jobs in its North American and European decorative paint operations.
Scrapping tax relief is 'suffocating business'
Business News In Brief PROPERTY The scrapping of tax relief on empty property will hit regeneration projects and cost companies in Birmingham more than 20m, the city's council leader has warned. The councillor Mike Whitby said: "Birmingham's large scale regeneration has propelled it on to the global...
Paint maker Akzo Nobel announces 3,500 job cuts
THE HAGUE, AFP — The world's largest paint maker, the Dutch-Swedish chemicals group Akzo Nobel, said on Monday said it would cut 3,500 jobs by 2011. Synergies with ICI, the British chemicals group Akzo Nobel bought last year, "combined with... additional net cost savings, will result in a total...
Akzo Nobel
Dutch chemicals major Akzo Nobel has opened a new $23m site for the production and sales of protective coatings in Suzhou, China. The plant is expected to be expanded to reach a capacity of 50m litres/year over the next 10 years.
All 8000t of steelwork used in the Beijing Olympics' National Aquatics Center, or Water Cube, was protected by coatings supplied by Akzo Nobel's International Paint business
All 8000t of steelwork used in the Beijing Olympics' National Aquatics Center, or Water Cube, was protected by coatings supplied by Akzo Nobel's International Paint business. Some 1000kg of the company's Interpon powder coatings were also used during its construction. [ILLUSTRATION OMITTED]
To meet EU approval requirements for its acquisition of ICI, Akzo Nobel is divesting its UK-based Crown Paints business to independent UK private equity house Endless
To meet EU approval requirements for its acquisition of ICI, Akzo Nobel is divesting its UK-based Crown Paints business to independent UK private equity house Endless. The deal includes production facilities in Darwen, Warrington, Hull, Belfast and Dublin in Ireland together with 100 Crown decorating retail centres.
German speciality chemical company Henkel has completed its 4bn [euro] acquisition of the National Starch adhesives and electronic materials businesses
German speciality chemical company Henkel has completed its 4bn [euro] acquisition of the National Starch adhesives and electronic materials businesses that Dutch speciality chemicals producer Akzo Nobel gained through its purchase of ICI.
Henkel of Dusseldorf, Germany, has taken over from Akzo Nobel the Adhesives and Electronic Materials businesses previously owned by National Starch
Henkel of Dusseldorf, Germany, has taken over from Akzo Nobel the Adhesives and Electronic Materials businesses previously owned by National Starch. "This acquisition represents a milestone in our 130-plus-year corporate history and points Henkel clearly in the direction of further profitable growth," said Ulrich Lehner, chairman of the Management Board...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| R.J. Frohn | CFO |
| Rob Frohn | CFO |
| Keith Nichols | Senior Vice President, Finance |
| O. Werner | Senior Vice President, HR |
| Jan H. Dopper | Technology Director |
| John McLaren | Director, Corp Communications |
| M. Rooseboom | Senior Group Director, Coatings |
| Barry Oonk | Manager, Advertising |
| Bill McPherson | General Manager, Marine & Protective Coatings |
| Rob Molenaar | General Manager, Powder Coatings Business |
| A. Jan Eijsbouts | General Counsel |
| A.T.M. Wilderbeek | Member, Management Bd, Pharma |
| Han Jalink | Secretary |
| Leif Darner | Head |
| Rudy M.J. van der Meer | Member, Management Bd, Coatings |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| G.J. Wijers | Chairman & CEO |
| Antony Burgmans | Supervisory Board |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Chairman & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | CFO | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Senior Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Senior Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Technology Director | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Director, Corp Communications | Current |
| Akzo Nobel N.V. | Director, Corp Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Senior Group Director, Coatings | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Manager, Advertising | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | General Manager, Marine & Protective Coatings | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | General Manager, Powder Coatings Business | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Member, Management Bd, Pharma | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Head | Current |
| Organization | Position | Status |
|---|---|---|
| Akzo Nobel N.V. | Member, Management Bd, Coatings | Current |
| James Hardie Industries N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Amoco Ultimate | Board of Directors | Current |
| Bp Alternative Energy | Board of Directors | Current |
| Air Bp Limited | Board of Directors | Current |
| Bp Refining and Petrochemical | Board of Directors | Current |
| Progas Limited | Board of Directors | Current |
| The Bp Group | Board of Directors | Current |
| Bp Solar Neighbors Program | Board of Directors | Current |
| Akzo Nobel N.V. | Supervisory Board | Current |
| Bp Solar International, Inc. | Board of Directors | Current |
| Bp Marine | Board of Directors | Current |
| AEGON N.V. | Supervisory Board | Current |
| BP plc | Board of Directors | Current |
| Wristore | Board of Directors | Current |
| Unilever N.V. | Business Group Vice President | Former |
| Unilever | Marketing Assistant | Former |
| Unilever N.V. | Chairman, Unilever Indonesia | Former |
| Unilever N.V. | Chairman | Former |
| Unilever N.V. | Vice Chairman | Former |
| Unilever Plc | Vice Chairman | Former |
| Unilever | Board of Directors | Former |
| University of Lancaster | MA | Former |
| Nijenrode University | Former | |
| University of Stockholm | Former |
| Volume | 9,567 |
| Shares Outstanding | 231.6M |
| Market Cap | 14.7B |
| Year High | 70.00 |
| Year Low | 27.59 |
| Earnings Per Share | -6.7840 |
| P/E Ratio | N/A |
| Dividend | 1.94 |
| Yield | 3.0529 |
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