Coming off the back of a strong 2010, when growth kicked in following the earlier recession, 2011 proved to be more challenging than expected. The major hurdle we faced was an incredible increase in
In € millions 2008 20091 2010 2011 1 Restated for transferred businesses and excluding National Starch, divested in 2010. 2 Before incidentals. 3 At year-end. Decorative Paints Revenue 5,006 4,
Our Decorative Paints business supplies a full range of interior and exterior decoration and protection products for both the professional and do-it-yourself (DIY) markets, including paints, lacquers
Began supplying the first mainstream passenger vehicle line in the world to use a powder monocoat Inaugurated new research laboratories for fire protection technology and powder resin polymer in Fell
Launch of the new global Dulux brand cluster identity Merger of our three European Decorative Paint businesses into one title organization Completion of Walmart paint program in the US Opened and upg
Our Performance Coatings business is represented in most market segments of this industry, holding many leading positions. Market and business characteristics The size of the global market for perfor
Record investment in Brazil for new Chemical Island Further expansion of Ningbo site in China (new facilities for our organic peroxides and Bermocoll cellulose derivatives) Largest ever investment at
We are a major supplier of specialty chemicals with leading positions in selected market segments. Market and business characteristics The chemicals industry can be described as a value chain. Our bu
Our Decorative Paints businesses supply a full range of interior and exterior decoration and protection products for both the professional and do-it-yourself markets. Our Performance Coatings busines
In € millions 20081 2009 2010 2011 20081 2009 2010 2011 1 Excluding National Starch, divested in 2010. 2 Before incidentals. 3 At year-end. The Netherlands US and Canada Revenue by destination
absent: Jaap Kuipers It has been a challenging year for our global Decorative Paints business. The worldwide financial crisis significantly impacted housing and construction markets, with newbuilds a
All things considered, 2011 turned out to be a good year, following on as it did from a record 2010. Economic volatility increased dramatically, so after a strong start our growth momentum was somewh
We have launched a performance improvement program to strengthen our competitiveness, enhance our ability to grow, simplify our support structures and reduce our cost base. This simplification and st
title in € millions 2010 4,943 +8% 2011 5,335 title in € millions 2010 939 -4% 2011 906 title % of revenue 2010 19.0 -2.0 2011 17.0 Total reportable rate of injuries per million hours 201
