Akzo Nobel strengthens coatings presence in China.ARNHEM, the Netherlands--(BUSINESS WIRE)--Oct. 26, 1995--Akzo Nobel has acquired a 60 percent majority interest in the coatings activities of Beijing activities of Beijing Red Lion Red Lion may refer to:
Akzo Nobel's business unit Decorative Coatings South will be entrusted with the management of the joint venture. The remaining 40 percent share in the joint venture Beijing Red Lion Coatings Corp. will remain with the partner, Beijing Chemical Industry Group, which established the company 42 years ago. At an earlier stage 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. acquired a majority stake in the powder coatings Powder coating is a type of dry coating, which is applied as a free-flowing, dry powder. The main difference between a conventional liquid paint and a powder coating is that the powder coating does not require a solvent to keep the binder and filler parts in a liquid suspension activities of BRLCC. These interests will also be extended. In 1994 BRLCC's volume sales aggregated 28,000 tons, ranking it among the largest paint manufacturers in China. In total 1,000 people will be involved in the new joint venture for decorative coatings. The major activity will entail entail, in law, restriction of inheritance to a limited class of descendants for at least several generations. The object of entail is to preserve large estates in land from the disintegration that is caused by equal inheritance by all the heirs and by the ordinary architectural and do-it-yourself paints, besides the production of industrial coatings An industrial coating is a paint or coating defined by its protective, rather than its aesthetic properties, although it can provide both. The most common use of industrial coatings is for corrosion control of steel or concrete. . Akzo Nobel, headquartered in the Netherlands, is one of the world's leading companies in selected areas of chemicals, coatings, healthcare products and fibers. More than 70,000 people in over 50 countries make up the Akzo Nobel work force. In the area of coatings the product range comprises decorative paints, car refinishes, industrial coatings for metal, wood and plastics, coil coatings and aerospace finishes, as well as resins-impregnated paper, adhesives, printing inks and resins resins, n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations. . CONTACT: Akzo Nobel Inc. 312/906-7612 |
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