Akzo Nobel NV (AKZOF)

Description:

Akzo Nobel NV manufactures paints, coatings and specialty chemicals. The Company operates various business segments: Decorative Paints offer mixing machines, color concepts and training courses for the building and renovation industry. This business operates three units Decorative Paints Europe, Decorative Paints Asia, Decorative Paints Latin America; Performance Coatings segment is a supplier of performance coatings. It operates Automotive and Aerospace Coatings, Industrial Coatings (e.g. coil, wood and packaging), Marine and Protective Coatings, Powder Coatings units; Specialty Chemicals include products used in paints, detergents, foods, plastics, cosmetics, construction, pulp and paper, pharmaceuticals, electronics, agro and oilfield applications. It sells products and services into four main end-user segments - Buildings and Infrastructure, Transportation, Consumer Goods and Industrial. The Buildings and Infrastructure end-user segment use a products to build, decorate, protect, maintain and renovate building interiors and exteriors. Various products are also used for the construction and maintenance of infrastructure, such as airports, bridges and roads. The segment can be divided into three specific sub-segments: New build projects includes Residential, Commercial and Infrastructure; Maintenance, renovation and repair includes Residential, Commercial and Infrastructure and Building products and components includes Windows, Doors, Joinery, Flooring, Roofing and siding and Structural components. The Transportation segment covers parts manufacture, assembly and maintenance of cars, trucks, ships, airplanes, trains and all other products that facilitate movement. It recognizes the following three sub-segments in Transportation: Automotive OEM, parts and assembly; Automotive repair and Marine and air transport. The Consumer Goods segment covers products such as consumer electronics, furniture, domestic appliances, food and beverage, personal care and cleaning products. Its specialty chemicals are either vital to the process that makes components (e.g. for making plastics used in consumer electronics), or they are key functional ingredients (e.g. chelates in dishwashing). The Company recognizes two sub-segments in Consumer Goods: Consumer durables and Consumer packaged goods. Consumer durables include Consumer electronics, Domestic appliances, Wood furniture, Metal furniture and Toys, recreational and sports equipment. Consumer packaged goods include: Packaged (particularly canned) food and beverage, Personal care products such as hair care and body care, Industrial cleaning, Household cleaning, Micronutrients and Pharmaceutical.