Akzo Nobel N.V. | |
---|---|
Type | Public (Euronext: AKZA) |
Industry | Chemicals |
Founded | 1994 |
Headquarters | Amsterdam, Netherlands |
Key people | Hans Wijers (CEO), Karel Vuursteen (Chairman of the supervisory board) |
Products | Basic and industrial chemicals, decorative paints, industrial (re)finishing products, coatings |
Revenue | ▲ €13.893 billion (2009)[1] |
Operating income | ▲ €870 million (2009)[1] |
Profit | ▲ €285 million (2009)[1] |
Employees | 57,060 (2009)[1] |
Website | www.akzonobel.com |
Akzo Nobel N.V., trading as AkzoNobel, is a Dutch multinational, active in the fields of decorative paints, performance coatings and specialty chemicals. Headquartered in Amsterdam, the company has activities in more than 80 countries, and employs approximately 60,000 people. Sales in 2009 were EUR 13.9 billion[1]. Following the acquisition of ICI, the company has restructured per 2 January 2008, and rebranded itself per 25 April of the same year.
Contents |
Organization
AkzoNobel consists of nineteen business units, with business responsibility and autonomy. For managerial purpose these cooperate in three groups, which are supported by one managerial board.[2]
The Board of Management (BOM) of AkzoNobel consists of four people, viz. Chairman and CEO since 2003 Hans Wijers, CFO Keith Nichols, Rob Frohn (responsible for Speciality Chemicals), and Leif Darner (responsible for Performance Coatings). The board holds office in Amsterdam. Prior to August 2007, the group was headquartered in Arnhem.
Due to high revenues from the sales of its pharmaceutical business, Akzo Nobel was the world's most profitable company in 2008.[3]
Decorative paints
AkzoNobel is the world's leading decorative paints company. This part of the business is mostly geographically organized:[4]
- Decorative paints Continental Europe
- Decorative paints Northern and Eastern Europe
- Decorative paints UK, Ireland and South Africa
- Decorative paints Southeast Asia and Pacific
- Decorative paints China and North Asia
- Decorative paints India and South Asia
- Decorative paints United States
- Decorative paints Canada
- Decorative paints Latin America
AkzoNobel markets their products under various brandnames such as Dulux, Cuprinol, Tintas Coral, Hammerite, Herbol, Sico, Sikkens, International, Interpon, Casco, Nordsjö, Sadolin, Taubmans, Lesonal, Levis, Glidden, Flood, Flora, Vivexrom, Marshall, and Pinotech just to mention a few. These products were used on London's Millennium Wheel, La Scala Opera House in Milan, the Öresund Bridge between Denmark and Sweden, the Beijing National Stadium, Airbus A380, and Stadium Australia in Sydney.
Performance coatings
AkzoNobel is a leading coatings company whose key products include automotive coatings, specialized equipment for the car repair and transportation market and marine coatings. The coatings groups consist of the following business units:[4]
- Car refinishes (CR)
- Industrial finishes (IF)
- Powder coatings (POW)
- Marine and protective coatings (MPC)
- Packaging coatings
Specialty chemicals
The chemicals group now consists of seven business units.[4]
- Industrial Chemicals (IC), before 1 January 2009 known as Base Chemicals (BC)
- Functional Chemicals (FC)
- Polymer Chemicals (PC)
- Surface Chemistry (SC)
- Pulp and Paper Chemicals, under brand name Eka Chemicals (PPC)
- Specialty Polymers
- Regional and Industrial activities
As chemicals producer, AkzoNobel is a world leading salt specialist, chlor-alkali products, and other industrial chemicals. Ultimately, AkzoNobel products are found in everyday items such as paper, ice cream, bakery goods, cosmetics, plastics and glass. Each business unit has an annual turnover of approx EUR 600–1000 million.
History
AkzoNobel has a long history of mergers and divestments. Parts of the current company can be traced back to 17th century companies. The milestone mergers and divestments are the formation of AKZO in 1969, the merger with Nobel Industries in 1994 forming Akzo Nobel, and the divestment of its pharmaceutical business and the merger with ICI in 2007/2008 resulting in current day AkzoNobel.
AKZO 1792–1994
- 1792 Dutch lacquers manufacturer Sikkens Lakken, founded by Wiert Willem Sikkens in Groningen.
- 1835 Dutch sulfuric acid producer Ketjen, founded by Gerhard Tileman Ketjen.
- 1838 Dutch oils and oatmeal company Noury & Van der Lande.
- 1886 A chemicals and soda factory was founded by Constant Kortman and Herman Schulte in Rotterdam.
- 1887 Dutch pharmaceuticals laboratory Zwanenburg.
- 1899 German fiber producer Vereinigte Glanszstoff Fabriken.
- 1911 Dutch rayon (artificial silk) company Eerste Nederlandse Kunstzijdefabriek Arnhem, founded by Jacque Coenraad Hartogs in Arnhem. It was later renamed Nederlandse Kunstzijdefabriek.
- 1918 Dutch salt producer Nederlandse Zoutindustrie (NeZo).
- 1921 US slaughtering industry Armour and Company starts fatty acid production, in Chicago.
- 1923 Dutch pharmaceuticals company Organon founded by Saal van Zwanenberg.
- 1929 Vereinigte Glanszstoff Fabriken merged with Nederlandse Kunstzijdefabriek, forming Algemene Kunstzijde Unie (AKU).
- 1965 Kortman and Schulte is taken over by Koninklijke Zwanenburg Organon forming Koninklijke Zout Organon.
- 1969 The AKU and the Koninklijke Zout Organon merge, forming AKZO.
- 1987 AKZO acquires specialty chemicals division of Stauffer.
- 1993 AKZO forms the 50/50 % joint venture Akros Chemicals - together with "Harrisons Chemicals (UK) Ltd." (Hacros), a subsidiary of Harrisons & Crosfield.
- 1994 AKZO merges with Nobel Industries, forming Akzo Nobel. The new Akzo Nobel has 20 business entities.
Nobel Industries 1646–1994
The Swedish weapons manufacturer Bofors was founded in Karlskoga in 1646. Nobel Industries was created in 1984 by the merger of a chemical company, KemaNobel, and the armaments maker, Bofors. Both Bofors and KemaNobel had historic ties to Alfred Nobel, the great 19th century Swedish inventor who was the first to discover a way to detonate the flammable liquid nitroglycerin.
Bofors 1646-1984
- 1646 Swedish weapons manufacturer Bofors is founded in Karlskoga.
- 1893 Swedish weapon factory Bofors becomes a company majority owned by Alfred Nobel in Karlskoga.
- 1984 Bofors acquires KemaNobel.
KemaNobel 1841-1984
- 1841 Swedish stearin candles factory Liljeholmens Stearinfabrik is founded by Lars Johan Hierta, who is also the founder of the Swedish newspaper "Aftonbladet", in Stockholm.
- 1863 Swedish stearin candles factory Nitroglycerin is founded by Alfred Nobel in Stockholm.
- 1868 Swedish soap factory Barnängen Tekniska Fabrik AB is founded at Bondegatan on Södermalm in Stockholm.
- 1871 Swedish superphosphate factory Stockholms Superfosfat Fabrik - in short Fosfatbolaget - is founded by Oscar F Carlson - with help from Lars Johan Hierta - in Gäddviken, Nacka outside Stockholm. Fosfatbolaget later diversifies into chlorate, carbide and calcium nitrate production at several locations in Sweden.
- 1874 Swedish chemical company KemaNord was founded by Alfred Nobel in Stockholm.
- 1928 Swedish adhesives factory Casco is founded by Lars Amundsen(son of brother to Roald Amundsen, the first person at the South Pole) - with help from Marcus Wallenberg - in Kristinehamn, Sweden, and production of casein glue begins.
- 1931 Fosfatbolaget ends its Swedish superphosphate production and a new potassium nitrate factory opens a year later in Lungaverk.
- 1935 Casco formed subsidiary in Norway.
- 1941 Stockholms Superfosfat Fabriks begins Swedish production of carbide and calcium nitrate at a new plant in Stockvik.
- 1944 Stockholms Superfosfat Fabriks begins making plastics and starts trial production of synthetic rubber.
- 1945 Stockholms Superfosfat Fabriks opens a PVC plant at Stockvik.
- 1946 Casco formed subsidiary in Denmark.
- 1947 Stockholms Superfosfat Fabriks acquires Liljeholmens Stearinfabrik.
- 1964 Stockholms Superfosfat Fabriks becomes Fosfatbolaget.
- 1965 Nitroglycerin becomes Nitro Nobel.
- 1970 Fosfatbolaget changes its name to KemaNord.
- 1970 Liljeholmens Stearinfabriks’ candle production moves to Oscarshamn.
- 1970 Liljeholmens Stearinfabriks’ chemicals business becomes a division, KemaNord Specialty Chemicals, within KemaNord.
- 1970 KemaNord acquires Barnängen Tekniska Fabrik.
- 1970 KemaNord acquires Casco.
- 1970 Casco formed subsidiary in Finland.
- 1972 Kema Nord’s paper chemicals business is combined into one paper chemicals product group within KemaNord Specialty Chemicals.
- 1973 CascoGard, a product group within Casco, joins KemaNord Specialty Chemicals, which develops into the production of agricultural chemicals such as weed killers, insecticides and fungicides.
- 1978 Kema Nord acquires Swedish civil explosives chemical group Nitro Nobel and changes its name to KemaNobel, while the specialty chemicals division KemaNord Specialty Chemicals changes its name to KenoGard. By this time, the key chemicals are organic specialty chemicals for plant and wood protection, disinfection and hygiene, paper production, plastics production, oil production, road construction, fertilizer production and mineral purification.
- 1978 Barnängen Tekniska Fabrik acquires Liljeholmens Stearinfabrik.
- 1979 Casco began cooperation with Norwegian adhesives and explosives group Dyno Industries regarding particleboard resin.
- 1981 KemaNobel acquires Swedish electronics group Pharos from AGA.
- 1982 KemaNobel acquires Swedish paints group Nordsjö in Malmö.
- 1983 KemaNobel combines the food systems groups of KenoGard and Kema Nobel to form Probel, which produces specialty chemicals and systems for agriculture, food and technical industries. Probel is in turn divided into two areas, Kenogard, for plant and wood protection, and Surfactants, for initiators, detergents, anti-caking and ScanRoad.
- 1983 Eka made growth of paper chemicals, based on Compozil, and established a subsidiary in Finland
- 1984 Casco formed subsidiary in Singapore, which later opens offices in Malaysia (1989), Thailand (1990), Indonesia (1991), the Phllipines (1991), the People's Republic of China (1993), Hong Kong (1994), and Vietnam (1994).
- 1984 Bofors acquires KemaNobel.
Sadolin & Holmblad 1777–1987
- 1777 Danish paints company founded by Swedish born Jacob Holmblad, later operating as Holmblad & Co. in Copenhagen.
- 1907 Danish paints company founded by Gunnar Asgeir Sadolin as Sadolins Farver in Copenhagen.
- 1909 Sadolins Farver enters the field of inks - later to be named Sadolin Printing Inks.
- 1912 Danish paints companies Sadolins Farver and Holmblad & Co. merges as Sadolin & Holmblad in Copenhagen.
- 1933 Sadolin & Holmblad founds a joint venture in Poland, Polish-Danish Ink Factory, but the shareholding in the company is lost in 1939.
- 1934 Sadolin & Holmblad founds the Danish color and textile pigments and herbicides company Kemisk Vaerk Koege (KVK).
- 1946 Sadolin & Holmblad founds the ink factory Sadolin Fargfabrik, AB in Stockholm, Sweden.
- 1949 Sadolin & Holmblad founds the paint factory Sadolin & Holmblad Norge A/S in Oslo, Norway.
- 1954 Sadolin & Holmblad founds the paint factory Sadolin Oy/AB in Helsinki, Finland.
- 1954 Sadolin & Holmblad founds the paint factory Dyo A.S. in Izmir, Turkey, together with Durmuş Yaşar, and opens a decorative coatings factory and marine coatings factory.
- 1955 Sadolin & Holmblad founds the ink factory Sadolin Painovarit Oy in Helsinki, Finland.
- 1958 Sadolin & Holmblad founds the paint factory Sadolin France S.A. in Paris, France.
- 1958 Sadolin & Holmblad founds the paint factory Sadolin ve Yasarin A.S. in Izmir, Turkey, together with Durmuş Yaşar, and opens an industrial resins factory.
- 1959 Sadolin & Holmblad founds the paint factory Sadolin Paints (E.A.) Ltd. in Nairobi, Kenya.
- 1960 Sadolin & Holmblad founds the ink factory Sadolin Trykkfarvefabrikk A/S in Oslo, Norway.
- 1960 Sadolin & Holmblad sells consumer and industrial adhesives business and the Danish 3M agency to Lars Foss Kemi (the 3M agency is in 1963 sold to 3M.
- 1962 Sadolin & Holmblad founds the paint factory Sadolin Bilfarg, A/B in Stockholm, Sweden.
- 1962 Sadolin & Holmblad founds the paint factory Sadolin GmbH.in Geestacht, West Germany.
- 1962 Sadolin & Holmblad founds the paint factory Arrigoni-Sadolin S.p.A.in Milano, Italia.
- 1962 Sadolin & Holmblad founds the paint factory Sadolin Paints (Tanzania) Ltd. in Dar-es-Salaam, Tanzania.
- 1962 Sadolin ve Yasarin A.S. becomes Dyo ve Sadolin A.S. and opens an automotive refinishes factory, a metal and plast industrial coatings factory and wood finishes factory in Izmir, Turkey.
- 1964 Sadolin & Holmblad founds the paint factory Sadolin Paints (Uganda) Ltd. in Kampala, Uganda.
- 1967 Dyo ve Sadolin A.S. makes an ink factory in Izmir, Turkey.
- 1968 Sadolin & Holmblad founds the paint marketing company Sadolin (U.K.) Ltd. in Huntingdon, England - serving United Kingdom and Ireland.
- 1968 Sadolin & Holmblad founds the paint marketing company Division Technique du Bâtiment Sadolin S.A.R.L. in Paris, France - serving France and Monaco.
- 1968 Sadolin & Holmblad founds the paint factory Sadolin Paints (Ethiopia) S.P. in Addis Abba, Ethiopia.
- 1970 Sadolin & Holmblad founds the paint factory P.T. Danapaints Indonesia in Jakarta, Indonesia.
- 1972 Sadolin & Holmblad founds the paint factory Sadolin Paints (Cyprus) Ltd. in Nicosia, Cyprus.
- 1975 Sadolin & Holmblad merger with the Danish producer of consumer and industrial adhesives Lars Foss Kemi A/S in Fredensborg, Denmark, and renames the business and its two Scandinavian subisiaries, Lars Foss Kjemi A/S in Sandvika, Norway, and Lars Foss Kemi AB in Helsingborg, Sweden, to Sadofoss. Also included in the merger is "Espe-Foss Oy/AB" in Helsinki, Finland, renanmed in 1977 to "Sadofoss Oy/AB".
- 1976 Sadolin & Holmblad founds the paint factory Sadolin Paints (Oman) Ltd. in Muscat, Oman.
- 1976 Sadolin & Holmblad founds the adhesives factory Sadofoss S.A. in Abidjan, Ivory Coast.
- 1977 Sadolin & Holmblad found the paint marketing company Sadolin Produkten B.V. in Rotterdam, the Netherlands - serving Belgium, Luxembourg, and the Netherlands.
- 1977 Sadolin & Holmblad buys an interest in the paint factory Pars Sadolin Chemicals Ltd. in Tehran, Iran.
- 1978 Sadolin & Holmblad found the paint marketing company Sadolin A/G in Zürich, Switzerland - serving Austria and Switzerland.
- 1981 Sadolin & Holmblad buys an interest in the paint factory Chemcraft Sadolin Inc. in Port Hope, Ontario, Canada.
- 1983 Sadolin & Holmblad founds the North American holding company Sadolin of America, Inc. and founds the paint factory Sadolin Technology. in Greensboro, North Carolina, USA.
- 1984 Sadolin & Holmblad buys the paint factory Sadolin Paint Products, Inc. in Walkertown, North Carolina, USA.
- 1986 Sadolin & Holmblad founds the ink factory Sadolin Iberica S.A.. in Barcelona, Spain.
- 1987 Nobel Industries acquires Danish paints group 'Sadolin & Holmblad.
EKA 1895-1986
- 1895 Swedish electrochemical factory Elektrokemiska Aktiebolag (EKA) is founded in Bengtfors by Alfred Nobel (founder of the Nobel Prize), C. W. Collander, and Rudolf Liljeqvist (who becomes Managing Director), and the first products are chlorine and alkali.
- 1924 EKA moves to Bohus, north of Göteborg.
- 1927 EKA manufactures 3,000 tons of chemicals in Bohus, and production of water glass starts.
- 1930 EKA added many new chemicals to the product range; i.e. ferric chloride, hydrochloric acid and hydrogen peroxide.
- 1951 EKA is acquired by the Swedish forest company, Iggesunds Bruk AB.
- 1956 EKA starts production of ammonia.
- 1968 EKA begins new hydrogen peroxide production, based on a Russian license.
- 1972 EKA made a new chlorine-alkali plant in Bohus, with employees totalling 460 employees, and began large investments in environmental protection.
- 1980 EKA begins sodium metasilicate production in Maastricht, the Netherlands; which becomes Eka’s first plant outside Bohus.
- 1983 EKA made growth of paper chemicals, based on Compozil, and established a subsidiary in Finland
- 1986 Nobel Industrier acquires EKA.
Berol Kemi 1937-1988
- 1937 Swedish producer of coatings for fishing lines Berol is founded by fishing enthusiast Bernström and his friend Olson, a chemist, to make coatings to reinforce cotton fishing lines in Södertälje, and within a few years, Berol, whose name is derived from the first letters of the founders' last names, is established as a manufacturer of water-proofing agents for shoes, leather jackets and sheepskin.
- 1943 Berol, now with six employees, extended its product range to include products to protect food from being destroyed by wet conditions for the defense industry.
- 1945 Berol moves to Mölndal, and begins producing non-ionic, surface active products for washing powder as well as adhesives and paint improvers.
- 1945 Swedish forest products company Mo and Domsjö (MoDo), which was preparing to produce ethylene glycol from its paper mill waste products in Örnsköldsvik, buys Berol.
- 1949 Armour Industrial Chemical Co. opens world’s first commercial fatty amine plant in McCook, Illinois, USA.
- 1960 MoDo builds a petrochemical ethylene plant in the ice-free, deep water port of Stenungsund, Sweden, in an agreement with Stockholms Superfosfat Fabriks and the U.S. oil company Exxon (Esso), and over the course of the decade, MoDo buys more chemical companies, where of some of them gets integrated within Berol.
- 1971 MoDo consolidates its Swedish chemicals companies into a new company called MoDoKemi, headquartered in Stenungsund, and the Berol name disappears as a registered company.
- 1973 MoDo sells the chemical business to the Swedish state's private holding company, Statsföretag (later Procordia), and MoDo Kemi later change name to Berol Kemi.
- 1974 Berol Kemi buys from MoDo the Swedish production units of cellulose derivatives at Domsjö, near Örnskölsdvik.
- 1979 Berol Kemi made major investment made in modernizing and expanding cellulose derivatives plant in Domsjö.
- 1980 Berol Kemi participates in founding of Oleochemicals Sdn. Bhd. in Malaysia.
- 1988 Bofors acquires Berol Kemi.
Crown Berger
- 1915 Walpamur acquires Kinder & Co.
- 1929 Walpamur acquires Arthur Sanderson and Sons Ltd.
- 1965 Reed International acquires Walpamur
- 1975 Walpamur changes its name to Crown Decorative Products
- 1987 Williams Holdings acquires Crown Paints & BJN
- 1988 Company changes its name to Crown Berger
- 1989 Crown Berger acquires Jacao
- 1993 Nobel Industries acquires Crown Berger
- 2008 Crown divested to Endless LLP
Nobel Industries 1984-1993
- 1985 Bofors changes its name to Nobel Industries and integrated the entire KemaNobel group in its organization.
- 1985 Probel becomes Nobel Biotech within KemaNobel Specialty Chemicals. KenoGard Specialty Chemicals becomes KeNobel.
- 1986 Nobel Industries divests business area civil explosives, Nitro Nobel.
- 1986 Nobel Industries acquires Swedish paper and pulp group "EKA", which becomes a business area, "Eka Nobel", and as a result of the merger, sodium chlorate becomes a major EKA product with operations expanded to North America.
- 1987 Nobel Industries acquires Danish paints and adhesives group Sadolin & Holmblad, which together with "Casco" and "Nordsjö" forms a business area, "Casco Nobel".
- 1988 Nobel Industries acquires Swedish surface chemistry group "Berol Kemi" from Procordia and merges it with KeNobel to form a new business area, "Berol Nobel".
- 1988 Nobel Industries merges with the two Swedish holding companies Investment AB Asken and Investment AB D. Carnegie.
- 1988 Casco Nobel acquires Partek's adhesives and joint compound operations in Finland and Raison Tehtaat's adhesives operations in Finland, and the adhesives company Arkol in Italy.
- 1989 Nobel Industries acquires Swedish inks group G-man from Swedish forest group Stora Kopparberg and merges it with Sadolin Printing Inks to Casco Nobel Inks, later Akzo Nobel Inks, as a division with "Casco Nobel".
- 1990 Nobel Industries acquires English paints group Crown Berger.
- 1990 Eka Nobel acquires Alby Klorat and Stora Kemi from Swedish forest group Stora Kopparberg.
- 1990 Eka Nobel acquires Albright & Wilson's paper chemicals division.
- 1990 Eka Nobel makes heavy investments in new plants. Eka runs production in 14 countries around the world. Lignox, a patented, hydrogen peroxide bleaching process is introduced.
- 1990 Eka Nobel joint venture in India viz. Arjun Chemicals formed
- 1990 Nobel Industries acquires - through "Pharos" - the American electronics group Spectra-Physics, and Pharos change name to "Spectra-Physics".
- 1991 Eka's j.v in India Arjun Chemicals started the production with fortified rosin soaps intended for the application paper industry
- 1991 Nobel Industries and Sadolin & Holmblad sells Kemisk Vaerk Koege herbicides activities, KVK Agro Chemicals, to Sandoz, and the chemical-technical activities, KVK Chemical-Technical, to Castrol.
- 1991 Nobel Industries and Sadolin & Holmblad sells the only Nordic producer of color and textile pigments Kemisk Vaerk Koege of Denmark to Sun Chemical of USA, which is a group within DaiNippon Inks of Japan.
- 1991 Nobel Industries form a 50/50 % joint venture together with FFV, which includes Bofors named Swedish Ordnance, while Bofors's electonics activeist are gathered in a new business area, NobelTech.
- 1991 Casco Nobel begins cooperation with Martinswerk GmbH regarding production of Pergopak at Stockvik
- 1991 Eka Nobel's hydrogen peroxide production starts in Venezuela.
- 1992 Nobel Industries sells its companies within "Nobel Consumer Goods" business area - mainly "Barnängen Tekniska Fabrik", "Liljeholms", "Sterisol", and "Vademecum" - to the German group Henkel.
- 1992 Nobel Industries sells it 50 % shareholding in Swedish Ordnance to joint venture partner FFV's new owner Celsius Industries.
- 1993 Nobel Industries sells "NobelTech" to Celsius Industries and Nobel Chemicals to.
- 1994 AKZO merges with Nobel Industries, forming Akzo Nobel. "Nobel Industries" contributes to "Akzo Nobel" with the business areas paints and adhesives (Casco Nobel), paper and pulp chemicals (Eka Nobel) surface chemistry (Berol Nobel), while Nobelpharma (Nobel Biotech) and Spectra-Physics, becomes listed on Stockholm Stock-Exchange. The new "Akzo Nobel" has 20 business entities.
Akzo Nobel 1994–2007/2008
Courtaulds 1826–1998
- 1826 British silk and crepe manufacturer Courtaulds founded by Samuel Courtauld.
- 1921 US slaughtering industry Armour and Company starts fatty acid production, in Chicago.
- 1990 Courtaulds separates itself into two businesses, viz., Courtaulds Textiles for apparel manufacture and Courtaulds plc for fibres and chemicals.
- 1998 Akzo Nobel acquires Courtaulds of the UK, a leading international chemical company which has leading positions in high-tech industrial coatings and man-made fibers. EU forces sale of Aeronautical films and sealants businesses to allow completion.
Acordis, BASF Europe, Dexter
- 1994 Akzo Nobel divests Nobel Industries fine and pharma chemicals business area Nobel Chemicals.
- 1994 Akzo Nobel divests Nobel Industries biotech business area Nobel Biotech.
- 1994 Akzo Nobel divests Nobel Industries electronic business area Spectra-Physics.
- September 1998 Akzo Nobel forms a new Fibres Group by mergering Akzo Nobel Fibres and Courtauld Fibres under the name Acordis.
- January 1999 Akzo Nobel makes Acordis a stand-alone group within Akzo Nobel by dissolving the Fibres Group.
- December 1999 Akzo Nobel divests Acordis to CVC Capital Partners.
- February 1999 Pharma Group acquires the ethical pharmaceutical business of Japan-based Kanebo.
- April 1999 Intervet acquires Italian pharmaceutical manufacturers Farmaceutici Gellini in X and Nuova ICC in X.
- November 1999 Pharma Group acquires the veterian pharmecutical group Hoechst Roussel Vet from Hoechst.
- December 1999 Pharma Group divests its shareholding in Rovin Pharmaceuticals.
- November 1998 Akzo Nobel divests Courtaulds plastic packaging, laminate, aluminium tubes, architectural coatings in USA, packaging coatings, plactic tubes, performance film and aerospace coatings and sealants businesses.
- March 1998 Chemicals Group sells Soda Ash business.
- October 1998 Chemicals Group acquires the remaining 50% of the joint venture Akcros (PVC additives).
- October 1998 Chemicals Group acquires the amides business of South Korean chemical company Daejen Fine Chemicals.
- January 1999 Polymer Chemicals becoming worldwide distributor of the specialty additive products CIRS SpA.
- June 1999 Polymer Chemicals divestment its Dianol business.
- July 1999 Chemicals Group establish together with Coin of Taiwan the dicumyl peroxides (DCP) and cumene hydroperoxides (CHP) joint venture XX.
- July 1999 Pulp & Paper Chemicals acquires Korean paper chemicals business.
- 1998 Eka Chemicals sold their shares in Arjun chemicals India and remained a licensee for paper sizing chemicals.
- May 1998 Coatings Group acquires BASF's decorative coatings business in Europe.
- May 1998 Coatings Group acquires Turkish paint company Marshall Boya.
- August 1998 Coatings Group increases it shareholding from 5 % to 60 % in Tunesian paint company Astral.
- January 1999 Coatings Group acquires joint venture partner Dexter's 40 % participation in Akzo Dexter Aerospace Finishes (AD Aerospace Finishes).
- January 1999 Coatings Group establish together with Nippon Paint Company of Japan the coil coatings joint venture XX.
- December 1999 Coating Group acquires the majority shareholding in American paint company Coatings & Chemicals Corp. (CCC).
- 1999 Akzo Nobel divests Akzo Nobel Information Services.
- 2001 Akzo Nobel divests Akzo Nobel Inks to NeSBIC Buy Out Fund and the management of the ink business.
- 2004 Catalyst business sold to Albemarle Corp., Coatings Resins business divested to Nuplex Industries,and Industrial Adhesives' polyurethane adhesives and systems (two-component PUR adhesives) business divested to Sika.
- 2006 Akzo Nobel acquires the quoted Canadian Coatings company SICO, Inc..
- 2007 Organon pharmaceutical business sold to Schering-Plough for EUR 11 billion.
- 2007 Akzo Nobel acquires the Canadian Coatings company Chemcraft International, Inc (founded 1976), and which from 1981 to 1994 was known as Chemcraft Sadolin, Inc and owned 40 % by Sadolin & Holmblad.
- 2007 Akzo Nobel delists its shares from the US stock market (NASDAQ).
Imperial Chemicals Industries 1926–2007/2008
- December 1926: Four major chemical companies in Great Britain merge to become Imperial Chemical Industries (ICI): British Dyestuffs Corporation, Brunner, Mond & Company, Nobel Explosives, and the United Alkali Company.[5]
- 1927: ICI opens for business with 33,000 employees in five main product areas: alkali products, explosives, metals, general chemicals, and dyestuffs.
- 1928 ICI established its Head Office at Millbank in London[5]
- 1929: ICI signs a deal with I.G. Farben, establishing production quotas for nitrogen, the main ingredient in fertilizer.
- 1933: ICI researchers "discover" polyethylene, which is later patented and sold as an insulating material.
- 1935: Due to declining demand for fertilizer, ICI agrees to let I.G. Farben exclusively sell nitrogen in parts of Asia, Europe, and South and Central America.
- 1948: The result of a U.S. antitrust suit, ICI and du Pont end the exchange of technical information and cooperation on prices and markets.
- 1952: ICI opens a huge chemical complex in Wilton, England.
- 1965: ICI begins an ambitious building plan in Britain, Germany, and the United States.
- 1972: Britain joins the Common Market, focusing its attention on the United States.
- 1977: ICI continues its American investment, with acquisitions that include a paraquat plant in Bayport, Texas.
- 1982 Sir John Harvey-Jones assumes the role of chief executive, changing the company's focus from outdated products to drugs and specialty chemicals.
- 1986 ICI turns its focus to paint and specialty products with the purchase of Beatrice's Chemical division and Glidden Paint.
- 1993 ICI "demerges" its bioscience businesses, splitting into two companies: ICI and the separate, publicly listed Zeneca Group, which later merges into AstraZeneca,
- 1997 ICI makes its biggest-ever acquisition of four businesses from Unilever: National Starch, Quest, Unichema, and Crosfield -- and moves into specialty products and begins the divestment of its bulk commodity businesses.
- 1999 ICI forms Uniqema, a health and personal care products company, with the merger of five ICI businesses.
- 2008 Akzo Nobel acquires English Imperial Chemical Industries plc (ICI), and rebrands the company to AkzoNobel
- 2010 AkzoNobel's rebrand was formally recognised when they appeared on the shortlist of the Transform Awards for rebranding and brand transformation.[6]
AkzoNobel 2008 and later
See also
References
- ^ a b c d e "Annual Report 2009". AkzoNobel. http://www.akzonobel.com/system/images/AkzoNobel_Q4_2009_tcm9-33338.pdf. Retrieved 2010-02-19.
- ^ Jonathan Steffen, ed (2008) (in Dutch). Tomorrow's Answers Today. The history of AkzoNobel since 1646. Amsterdam: Akzo Nobel N.V.. pp. 280. ISBN 978.90.5730.622.8.
- ^ Top companies: Most profitable CNNMoney.com. Retrieved on March 4, 2009.
- ^ a b "ICI: History". ICI. http://www.ici.com/History.
- ^ "Shortlist announced for the Transform Awards for rebranding". Communicate magazine. January 2010. http://www.communicatemagazine.co.uk/index.php?option=com_content&view=article&id=886:shortlist-announced-for-the-transform-awards-for-rebranding&catid=1:stories&Itemid=115.
External links
|