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Industrial Coatings

Revenue was up 28 percent, mainly due to acquisition activity. Coil Coatings’ construction related business achieved strong growth in the high growth markets of Turkey and Russia. Packaging Coatings’ beverage and food related business continued to increase its top line, with Asia being the main driver for growth. Specialty Finishes showed growth in its automotive and consumer electronics markets. Delivery of synergies from acquisition of Schramm/SSCP is on track and the integration is progressing well.

Copyright © 2012 Akzo Nobel N.V.