First quarter results reveal that consolidated and net sales are both down, attributed mostly to lower demand. In addition, the decorative business saw a revenue decline due to price cuts, according to the company.
Contributing to the company's success is its Abilities First Network, which works to provide support for people with disabilities, to open up opportunities for employees with disabilities, and to educate on how to best empower people to meet their full potential.
GDB International acquired a Despray "DS500" aerosol recycling system, making them the first aerosol can filler or paint recycler, globally, to claim 100% recycling and waste-to-energy capabilities for paint-filled aerosol cans.
The partnership with CESVIMAP R&D Center, a leader in research and development for the collision repair industry, will give Axalta’s refinish customers access to the center's Move2Green sustainability program which offers an online, self-assessment questionnaire to evaluate the current environmental impact of bodyshops.
EcoVadis is the world's leading provider of business sustainability ratings, and this recognition reflects the company's dedication to minimizing it's environmental impact and operating responsibly.
This strategic financial move underscores the strength of Kraton's market position and its innovative partnership with parent company DL Chemicals, which is focused on leveraging our combined expertise and market reach to drive sustainable growth.
Michael Leonard will lead Nippon Paint Automotive Americas, Nippon Paint Automotive Coatings Mexico S. A de C. V., and Nippon Paint Automotive Brazil, which are suppliers to the automotive coatings market for their respective locations.
Nouryon announced a distribution agreement for the United States with Brenntag, a global market leader in chemicals and ingredients distribution, enabling the further penetration of the asphalt market and deeper reach in the construction industry.
The company will issue its second quarter 2024 earnings results on Wednesday, July 31, 2024 at approximately 7:00 a.m. ET (6:00 a.m. CT). The call will be hosted by Scott R. Behrens, President and Chief Executive Officer, and Luis E. Rojo, Vice President and Chief Financial Officer.