AkzoNobel announced that Fredrik Westin will become the company’s new chief financial officer (CFO) as of January 1, 2026. He’ll succeed Maarten de Vries – who is completing his second four-year term as CFO and member of the Board of Management – as part of a structured succession process. Westin is a Swedish national with […]
AkzoNobel presented a plan to its employee representatives and its employees in France that includes a €22 million investment to establish the Montataire site as a flagship for decorative paint production. This initiative reflects the company’s long-term commitment to industrial excellence and to its operations in France. These measures are designed to modernize and optimize […]
Coatings provider AkzoNobel announced today that the company is taking steps to reduce cost and enhance the efficiency of its functions. A key element of this plan involves a reduction of around 2,000 positions globally. According to AkzoNobel, the initiative is designed to simplify operations, accelerate decision making, and streamline the company’s management structure. “Over […]
Cabot Corp. recently announced that Thierry Vanlancker has been elected to its Board of Directors, effective July 12, 2024. He was also appointed a member of the Audit Committee of the board, effective July 12, 2024. Prior to his retirement, Vanlancker was chief executive officer and a director of the paint and coatings provider AkzoNobel […]
Specialty coatings provider Stahl has appointed former AkzoNobel CEO Thierry Vanlancker as a non-executive director to its board. The company reports that Vanlancker will provide valuable oversight, advice, and strategic guidance to Stahl’s leadership, supporting the company’s position as a leader in specialty coatings and treatments for flexible substrates. In 2022, Stahl also entered the […]
AkzoNobel is building two new research labs at its Sassenheim site in the Netherlands. The new labs will help to further propel the company’s pioneering product development. The company recently announced that work is about to start on building a technology center for Powder Coatings, while a new polymer lab has just opened that will […]
AkzoNobel recently announced that all of its manufacturing locations in Latin America are now operating on 100% renewable electricity. The accomplishment further boosts the company’s ambition to reduce carbon emissions across the full value chain by 50% by 2030 (baseline 2018). The milestone – reached late last year – follows on from similar achievements in […]
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