Akzo Nobel Coatings India private Limited
AkzoNobel India (formerly referred to as ICI Asia) is engaged in production and advertising of paints, speciality chemicals and glues. Their source goes in the past in 1926 when Brunner Mond & Co, one of several four organizations had been combined to create ICI in UNITED KINGDOM. This business operated as a trading company in Calcutta to sell alkalis and dyes.
In 1929, the name of this business was changed to Imperial Chemical Industries (India). The organization started its manufacturing activities in Asia in 1939 by setting-up of Alkali and Chemical Corporation of India in Rishra, western Bengal. In 1954, the business joined in agreement with Government of Asia to create Indian Explosives set up in Gomia. In 1963, it create Chemical and Fibres of India in Thane to manufacture polyester basic fiber.
The company forayed in production of fertiliser in Panki near Kanpur in 1969. It had a capacity of manufacturing 675, 000 tpa of urea fertiliser. The company set-up ICI analysis and tech Centre in 1976 in Thane and a Crop cover Chemicals and Pharmaceuticals device came up in Ennore, near Chennai in 1978.
Later in 1984, the organization had been restructured and ICI group companies had been combined developing Nalco Chemicals India in 1987 in collaboration with Nalco Chemical Company USA. Both organizations had 40% of keeping each. In 1993 the business divested from business of seeds, fibres and fertilizers businesses as the agrochemicals business had been utilized in a joint venture with Zeneca of British in 1995. Later the company went through more restructuring and retained two division paints and national starch. However, in late 2010, the National Starch Business associated with Company was offered to an affiliate of Corn Products selection of the united states.
The company currently earns 34percent of its revenue from Specialty Chemicals, 33percent from Efficiency Coatings and 33% from Decorative Paints and uses over 57, 200 individuals across world.
In July 2011 AkzoNobel established their intercontinental car refinish paint Dynacoat across various circulation things in Asia.
At a meeting held on October 21, 2011, the Board of Directors of Akzo Nobel Asia restricted accepted the draft plan of Amalgamation of Akzo Nobel automobile Refinishes Asia Private Limited, Akzo Nobel Chemicals (India) Limited, Akzo Nobel Coatings India professional restricted with Akzo Nobel India Limited.
Shows– The Company has two paint companies particularly Dulux and Duco. The company manufactures number of decorative paints. For outside emulsion it has created brands like Weathershield and Supercote. This has developed retail brands like Dulux Velvet Touch, Acrylic Emulsion and Gloss.
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