businesspress24.com - AkzoNobel wins contracts for major Brazilian stadia
 

AkzoNobel wins contracts for major Brazilian stadia

ID: 1112226

(Thomson Reuters ONE) -


May 9, 2012

AkzoNobel has reached an agreement to supply coatings for the roof of Brazil's
famous Maracanã Stadium - which will host a major soccer final in 2014. The
contract was secured via a dedicated team which offers complete coatings
solutions for large infrastructure projects around the world.

In addition, AkzoNobel has also secured a contract to paint the mezzanine of the
Grêmio Arena located in Porto Alegre. Financial details of the two contracts
were not disclosed.

"As a global coatings supplier with a product portfolio broad enough to match
the needs of almost any customer, we are positioned to satisfy demanding
requirements and specifications," said Jaap de Jong, of AkzoNobel Brazil.
"Brazil is one of our key high growth markets and has a pivotal role to play in
our strategic agenda. AkzoNobel is therefore fully focused on capturing the
opportunities offered by Brazil's prominent place in the sporting spotlight in
the years to come."

The Maracanã Stadium contract involves the supply of Interseal 670HS protective
coatings, while both Interseal 670HS and Interfine 979 will be used at the
Grêmio Arena. Both are supplied by AkzoNobel's Marine and Protective Coatings
business.

Added Jaap de Jong: "This success is encouraging. We believe that there are many
additional sporting-related opportunities to capture and are confident that our
solutions approach will continue to build strong customer relations that
underline the value that our paints and coatings portfolio has to offer."

Delivering paints and coatings to high profile sport stadiums is nothing new to
AkzoNobel. Many of the venues in the 2008 Beijing Olympics and 2010 World Cup in
South Africa - such as the Bird's Nest, the Water Cube, the Nelson Mandela Bay
Stadium and Soccer City in Johannesburg - were coated using AkzoNobel products.





AkzoNobel currently employs over 2,800 people in Brazil, and its 2011 revenue
totaled ?950 million. The majority of revenue is generated from local
production. The company's ambition is to achieve revenue of ?1.5 billion in
Brazil by 2015.

- - -

AkzoNobel is the largest global paint and coatings company and a major producer
of specialty chemicals. We supply industries and consumers worldwide with
innovative products and are passionate about developing sustainable answers for
our customers. Our portfolio includes well known brands such as Dulux, Sikkens,
International and Eka. Headquartered in Amsterdam, the Netherlands, we are a
Global Fortune 500 company and are consistently ranked as one of the leaders in
the area of sustainability. With operations in more than 80 countries, our
55,000 people around the world are committed to excellence and delivering
Tomorrow's Answers Today(TM).


Not for publication - for more information

Corporate Media Relations, tel. +31 20 502 7833        Corporate Investor
Relations, tel. +31 20 502 7856
Contact: Tim van der Zanden                                  Contact: Jonathan
Atack, Ivar Smits






Pdf file AkzoNobel press release:
http://hugin.info/130660/R/1610000/511705.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Akzo Nobel NV via Thomson Reuters ONE
[HUG#1610000]



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Datum: 09.05.2012 - 02:00 Uhr
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