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Article: Brazil shines for AkzoNobel: AkzoNobel's operations in Brazil continue to post positive growth figures.(International Coatings Scene: LATIN AMERICA)(Financial report)
- Article from:
- Coatings World
- Article date:
- December 1, 2008
- Author:
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Brazil's demand for paint and coatings is a bright spot in AkzoNobel's worldwide operations during the current world economic crisis, and new investment in the country will help assure it continues to shine in the company's financial statements. During the third quarter, sales in Brazil were up by double-digits and are expected to reach 700 million [euro] this year.
Latin America as a whole represented eight percent of global sales for the company during the quarter. For full year 2007, AkzoNobel reported C475 million in sales for Latin America as an origin, and 606 million [euro] in sales for Latin America as a destination. Across the region, the company has ...