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Akzo Nobel to acquire powder coatings activities from Dow Chemical - Zibb.com

Nov 12, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

Akzo Nobel N.V., a Netherlands-based manufacturer of coatings and chemicals products, has entered into an agreement to acquire the powder coatings activities of The Dow Chemical Company, a US-based diversified chemicals company.

The transaction is expected to close in the second quarter of 2010.

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Announced: 2009-11-12

Deal Participants

Target (Company)   The Dow Chemical Company - Powder Coatings Activities
Acquirer (Company) Akzo Nobel N.V.
Vendor (Company)   The Dow Chemical Company

Deal Rationale

The acquisition will enable Akzo Nobel to enhance its powder coating technologies in the US.

Kemira acquires Akzo Nobel's iron coagulant business in the Nordic countries - Zibb.com

Sep 23, 2009 (Hugin via COMTEX) --

Kemira Oyj Press Release September 23, 2009 at 13.30 pm (CET+1)

Kemira and Akzo Nobel have reached an agreement whereby Kemira will take over Akzo Nobel's iron coagulant sales and supply in the Nordic countries (Sweden, Norway and Denmark). Iron coagulants are used in water treatment. The transaction represents approximately 20% of the Swedish iron coagulant markets. The parties have agreed not to disclose any financial details about the agreement which will be in force starting from November 2, 2009.

Kemira and Akzo Nobel will ensure an uninterrupted supply to the customers. The supply of iron coagulant products will be done from Kemira's Helsingborg site in Sweden.

"Kemira has a local presence in over 40 countries and a competitive manufacturing network. We are a market leader in coagulants in North America, Europe and Brazil. This acquisition is part of our strategy to enforce our market position. By enforcing our presence in the Nordic countries we can serve our municipal and industrial customers even better", says the head of the Industrial customer segment Hannu Virolainen.

For more information, please contact

Kemira Oyj Hannu Virolainen, Senior Vice President, Industrial customer segment Mobile phone: +358 50 500 4001

Leena Lie, Vice President, Communications Mobile phone: +358 40 745 7943

Kemira is a global 2.8 billion euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers' energy, water, and raw material efficiency. Kemira's vision is to be a leading water chemistry company. Its paints and coatings business Tikkurila, aims to be the market leader in decorative paints and selected wood and metal coatings in chosen markets.

www.kemira.com

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

SOURCE: Kemira Oyj

Akzo Nobel NV (ADR) (AKZOY.PK) Corporate Event Announcement Notice - Zibb.com

Oct 07, 2009 (Wall Street Horizon via COMTEX) --

Akzo Nobel NV (ADR) (AKZOY.PK)

Expected next earnings release:
Announcement date: 10/27/2009 - Before Market
Earnings Quarter: Q3
Announcement Status: Verified

Tags: corporate earnings market

Companies: Akzo Nobel N.V. (AKZOY)

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Akzo Nobel NV (ADR) (AKZOY.PK) Corporate Event Announcement Notice - Zibb.com

Sep 17, 2009 (Wall Street Horizon via COMTEX) --

Akzo Nobel NV (ADR) (AKZOY.PK)

Expected next earnings release:
Announcement date: 10/28/2009 - Before Market
Earnings Quarter: Q3
Announcement Status: Unconfirmed

Expected next investor conference call information:
Conference Call Date: 7/29/2009
Conference Call Time (ET): 3:00 AM
Conference Call URL: http://www.akzonobel.com/news/webcasts_videos/q2_2009_analysts_conference_call_webcast.aspx