AkzoNobel
AkzoNobel, headquartered in the Netherlands, is a global leader in paints and coatings, known for brands like Dulux and Sikkens, operating in over 150 countries with approximately 32,000 employees.
Company Overview
AkzoNobel is a leading global company specializing in paints and coatings. Founded in 1792, the company operates in more than 150 countries and employs approximately 32,000 individuals. Headquartered in the Netherlands, AkzoNobel is known for its high-quality brands, including Dulux, International, Sikkens, and Interpon.
Renewable Energy Initiatives
AkzoNobel utilizes 100% renewable electricity in its manufacturing locations across Latin America. This commitment to sustainability reflects the company's dedication to reducing its environmental footprint and promoting renewable energy sources.
Manufacturing and Expansion
AkzoNobel has recently boosted its manufacturing capabilities. This includes the opening of a new manufacturing plant in Faisalabad, Pakistan, an expansion of capacity at its Vietnam multi-site, and an enhancement of North American powder coatings sites. These efforts are part of the company’s strategy to meet growing global demand.
Innovations and Technology
AkzoNobel has invested in Dutch research labs to drive innovation. The company launched a 3D Color Visualizer specifically designed for yacht coatings, showcasing its commitment to leveraging advanced technology to meet customer needs. The company also continues to highlight new innovations, such as its Color of the Year 2024, Sweet Embrace™.
Corporate Governance and Reporting
At the 2024 Annual General Meeting, AkzoNobel shareholders approved all resolutions. The company also published its 2023 annual report online, detailing its financial performance, strategic initiatives, and corporate governance. This transparency underscores AkzoNobel’s commitment to accountability and stakeholder engagement.