Akzo Nobel expands Chinese coatings activities.Akzo Nobel Akzo Nobel is a multinational company, active in the fields of healthcare products, coatings and chemicals. Headquartered in Amsterdam, the Netherlands, the company has activities in more than 80 countries, and employs approximately 62,000 people. 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 emulsion: see colloid. emulsion Mixture of two or more liquids in which one is dispersed in the other as microscopic or ultramicroscopic droplets (see colloid). Emulsions are stabilized by agents (emulsifiers) that (e.g. 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 Belling and Shanghai. "This agreement is a clear indication of out ambition to become the number one coatings company in China," said Akzo Nobel CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Hans Wijers Gerardus Johannes (Hans) Wijers (born November 11, 1951) is the current CEO of Akzo Nobel. From 1994 until 1998 he was a minister of Economic Affairs of the Netherlands. Wijers studied Economy at the Rijksuniversiteit Groningen, where he graduated in 1976. . "We are making a concerted effort to grow our decorative coatings operation and this investment will substantially increase out volumes of emulsion paint, the fastest growing segment on the Chinese paint market." |
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