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Article: Akzonobel restructures its plastics business.(COMPANY NEWS)
- Article from:
- High Performance Plastics
- Article date:
- November 1, 2009
CopyrightCOPYRIGHT 2009 International Newsletters. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AkzoNobel is planning to introduce more balance to its Performance Coatings and Specialty Chemicals portfolios as part of a realignment that will see the launch of two new business units and the merger of two others.
Due to come into effect on 1 January 2010, the planned changes include the creation of a stand-alone Wood Finishes and Adhesives business and a restyled Industrial Coatings business, while the company's Polymer Chemicals activities will be merged into the Functional Chemicals organization.
Wood Finishes and Adhesives will comprise the company's current wood finishes and wood adhesives activities, bringing more focus to the market, while ...