Akzo Nobel
 |
|
| Naamloze vennootschap | |
| Traded as |
Euronext: AKZA OTCQX: |
| Industry | Chemicals |
| Founded | 1994 |
| Headquarters | Amsterdam, Netherlands |
|
Area served
|
Worldwide |
|
Key people
|
Ton Büchner (CEO) Antony Burgmans (Chairman of the supervisory board) |
| Products | Basic and industrial chemicals, decorative paints, industrial (re)finishing products, coatings |
| Revenue | €14.20 billion (2016) |
| €1.52 billion (2016) | |
| Profit | €970 million (2016) |
| Total assets | €16.20 billion (end 2016) |
| Total equity | €7.03 billion (end 2016) |
|
Number of employees
|
46,000 (end 2016) |
| Website | www |
Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational company, which creates everyday essentials. AkzoNobel is a leading global paints and performance coatings company and major producer of speciality chemicals, supplying essential ingredients, essential protection and essential colour to industries and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 46,000 people. Sales in 2016 were EUR 14.2 billion. Following the acquisition of ICI, the company restructured on 2 January 2008, and rebranded itself on 25 April of the same year.
AkzoNobel consists of three main business areas, as well as corporate functions, with business responsibility and autonomy.
Currently, a seven member-strong Executive Committee (ExCo) was established, which is composed of two members of the Board of Management (BoM) and five leaders with functional expertise, allowing both the functions and the business areas to be represented at the highest levels in the company.
The ExCo includes Chairman and CEO Ton Büchner, CFO Maëlys Castella, Marten Booisma (responsible for Human Resources), Sven Dumoulin (General Counsel), Werner Fuhrmann (responsible for Specialty Chemicals and retiring on 31 January 2017), Ruud Joosten (responsible for Decorative Paints) and Conrad Keijzer (responsible for Performance Coatings). The board holds office in Amsterdam. Prior to August 2007, the Executive Committee was headquartered in Arnhem.
Due to high revenues from the sales of its pharmaceutical business, AkzoNobel was the world's most profitable company in 2008.
This part of the business is mostly geographically organised:
AkzoNobel markets their products under various brandnames such as Dulux, Bruguer, Tintas Coral, Hammerite, Herbol, Sico, Sikkens, International, Interpon, Casco, Nordsjö, Sadolin, Cuprinol, Taubmans, Lesonal, Levis, Glidden, Flood, Flora, Vivexrom, Marshall, and Pinotex among others. These products were used on London's Millennium Wheel, La Scala Opera House in Milan, the Öresund Bridge between Denmark and Sweden, the Beijing National Stadium, Airbus A380, and Stadium Australia in Sydney.
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Wikipedia