Market News
Railway Coatings Market: Key Developments
- On December 2 2022, Akzo Nobel N.V, a company which creates paints and performance coatings, completed the acquisition of the wheel liquid coatings business of Lankwitzer Lackfabrik, a company which offers industrial coatings, thus strengthening the company's performance coatings portfolio.
- On June 1, 2022, AkzoNobel acquired African paints and coatings from Kansai Paint which is a chemical company. This will strengthened the AkzoNobel footprint in Africa.
- On November 15, 2022, Sherwin-Williams, the global paint, and coatings company, unveiled the major expansion of its Sheffield production facility. The objective was to deliver a huge boost to the local economy.
- On November 9, 2022, Sherwin-Williams the global paint, and coatings company, acquired Germany-based wood coatings companies, Oskar Nolte GmbH and Klumpp Coatings GmbH.