PARIS - AXSON, Paris, France, has created a new group by combining BS Coatings, Revocoat and Axson Technologies. The new group will strengthen the company’s expertise in high-performance operational polymer formulation.
“Our three businesses together represent a major asset for AXSON’s customers who will now have access to a broader range of solutions,” said Charles Churet, Chairman of AXSON. “And every customer will benefit from the synergy of the expertise, R&D facilities and worldwide presence of these three businesses.”
AXSON is further strengthening its global presence with the construction of a new Revocoat formulation plant in Kolomna, Russia, for the local automotive market. The facility will also be a shared platform for future developments of the group’s three businesses.
AXSON also announced BS Coatings’ acquisition of equity in SIPCO (Saudi Industrial Paint Co.). The joint-venture with the Saudi group UNIVEST will develop SIPCO’s industrial paints by introducing technologies for the production of BS Coatings’ pipelines under the Eurokote® and Endoprene® brands for the Middle East market.
AXSON specializes in solutions for design, creation, assembly, and protection in industrial transport, energy, water, sports and leisure, construction, and infrastructure markets. With its 25 subsidiaries and 16 production and R&D sites, AXSON has an immediate presence in most industrial countries in Europe, Asia, the Americas, the Middle East, India, and Africa.
AXSON Unites Three Companies Into One New Group
October 23, 2011