AkzoNobel has completed the acquisition of Stahl Performance Powder Coatings and its range of products for heat sensitive substrates. According to the company, the deal gives the AkzoNobel accelerated access to unique low-curing technology that will open up new market opportunities. The acquired technology is mainly focused on the furniture, architectural, and industrial markets.
Reportedly, the commercially ready technology acquired by AkzoNobel is the only one of its kind in the powder coatings industry. AkzoNobel stated that technology includes both UV and thermally curing powders and will enable the company to penetrate the ultra-low cure (80-100°C) domain, opening up new markets based on applying powder to temperature sensitive substrates such as MDF, plywood, thermoplastics, and composites.
“This is a great acquisition, which will enable us to build on our global leadership position by entering emerging market spaces that have major potential,” says Daniela Vlad, business director of AkzoNobel Powder Coatings. “The clearly differentiating UV technology in particular is expected to see significant growth and will further strengthen our position as a complete provider of sustainable solutions for heat sensitive substrates, in particular for our wood coatings customers.”
The post AkzoNobel Acquires Stahl’s Powder Activities appeared first on American Coatings Association.
from American Coatings Association https://www.paint.org/akzonobel-acquires-stahls-powder-activities/
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