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Powder Coatings

Revenue was up 7 percent, supported by price/mix and currencies. Lower European demand was partially mitigated by growth in other regions. Domestic Appliance and Furniture continued to suffer from the weaker economic situation. Architectural activities continued to be strong in our key growth markets and recorded marginal growth even in Europe. Our Automotive activities also remained strong in all regions, with good growth compared with the previous year. Our Resicoat product was used on the Beyneu-Shymkent gas pipeline, which connects the north and south of the Ukraine, with further links to the Central Asia–China pipeline.

Copyright © 2012 Akzo Nobel N.V.