Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 AKZO NOBEL EXPANDS - Coatings World

What are you searching for?

Sign in
Paint & Coatings Manufacturer News

AKZO NOBEL EXPANDS

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

AKZO NOBEL EXPANDS
CHINESE COATINGS ACTIVITIES
Akzo Nobel has reinforced its commitment
to becoming China’s top coatings
company by signing an agreement to
acquire the coatings activities of
Guangzhou Toide Manufacturing Co.
Currently ranked as one of the biggest
private Chinese manufacturers of
emulsion paint, Toide Paint is also
active in the wood varnishes sector.
Based in Guangzhou, the company
commands a strong market position in
southern China, with more than 200
outlets and distributors. It also has a
solid presence around Beijing and
Shanghai.
“This agreement is a clear indication
of our ambition to become the number
one coatings company in China,” said
Akzo Nobel CEO, Hans Wijers. “We are
making a concerted effort to grow our
decorative coatings operation and this
investment will substantially increase
our volumes of emulsion paint, the
fastest growing segment on the Chinese
paint market.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters