Axalta Worldwide

press-releases

Press Releases

DateTitle
Axalta and AkzoNobel End Merger of Equals Discussions November 21, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, today confirmed that its previously announced talks with AkzoNobel have ended regarding a potential merger of equals transaction between Axalta and Akzo’s Paints and Coatings business, as the companies were unable to reach mutually agreeable terms. Axalta continues to pursue other value-creating alternatives. “After pursuing a potential combination of Axalta and Akzo, we concluded we could not negotiate a transaction on terms that meet our criteria,” said Charles W. Shaver, Axalta’s Chairman and Chief Executive Officer. “Any transaction we ultimately agree to needs to generate superior long-term value for Axalta shareholders as compared to the continued execution of our strategic plan.” About Axalta Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to...
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Axalta to Showcase its Corrosion Protection Portfolio to New Markets November 10, 2017
Axalta Coating Systems (NYSE: AXTA) has spent the last few years reinforcing its expansive portfolio of liquid, powder, and thermoplastic corrosion protection products to appeal to new customers and new markets. Products include top brands like Nap-Gard ® for use on external and internal oil and gas pipelines, Abcite ® for water pipelines and off-shore platforms, and newly acquired, renowned brands such as Corroless and Acothane products for steel structures and Plascoat thermoplastic products, in addition to other popular brands. “We’ve been working diligently at positioning ourselves as a global leader in corrosion protection by developing a well-rounded portfolio with the ability to solve the most complex customer needs in the harshest environments,” said Michael Cash, President of Industrial Coatings at Axalta. “We look forward to sharing our innovative portfolio with new regions to benefit their businesses.” Axalta will exhibit this portfolio at its first show in the Middle East...
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Axalta Demonstrates Pipeline Solutions at 2017 AMI Pipeline Coating Conference November 9, 2017
Axalta Coating Systems (NYSE: AXTA) will present its Nap-Gard ® fusion bonded epoxy powder coatings at the Applied Market Information (AMI) 2017 Pipeline Coating Conference on November 14-15, 2017 at the Hilton Post Oak Hotel in Houston, Texas . During the conference, Dustin Traylor , Axalta Global Functional Product Manager, will host an informational session for the many leading pipeline businesses and professionals in attendance. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171109005383/en/ Axalta showcases functional offerings and leads technical session at AMI’s 2017 Pipeline Coating Conference (Photo: Axalta) Traylor’s session, titled, Corrosion Protection of NSF Drinking Water Pipe Using a Dual Layer FBE System is on November 14 at 11:40 a.m. He will discuss the advantages of using abrasion resistant overcoat in the public water industry and expound on the application of the coating on fusion-bonded epoxy water pipe...
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Axalta Expands Industrial Product Line with Durable Corlar Epoxy Primer November 8, 2017
Axalta Coating Systems (NYSE: AXTA) introduces the Corlar ® LV PR 178 Series Epoxy Primer to its portfolio of innovative coating products for the industrial market. Corlar LV PR 178 Epoxy Primer is designed to deliver exceptionally strong adhesion and outstanding corrosion resistance for use on properly prepared substrates in oil refineries, off-shore platforms, construction equipment, metal fabrication, and oil and gas industry machinery. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171108006122/en/ Axalta releases its new Corlar LV PR 178 series, a high performance epoxy primer offering exceptionally strong adhesion and outstanding corrosion resistance for industrial applications (Photo: Axalta) “The new Corlar LV PR 178 series is an extremely tough and durable primer for customers interested in a high performance solution for industrial operations,” said John Corry, Axalta Product Director, North America Industrial....
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Axalta Releases Tufcote Hi-Heat Silicone Alkyd Coatings to the Industrial Market November 6, 2017
Axalta Coating Systems (NYSE: AXTA) has announced the expansion of its Tufcote™ product line to include Tufcote 3.5 HH silicone alkyd direct-to-metal (DTM) topcoats for the economy industrial market. These high temperature-resistant products complement Axalta’s cost-effective line of Tufcote finishes. When properly applied, the DTM silicone coating provides maximum heat resistance to surfaces such as smoke stacks, boiler fronts, and mufflers that are exposed to high operating temperatures over extended periods of time. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171106006065/en/ Axalta launches Tufcote 3.5 Hi-Heat Silicone Alkyd DTM topcoats designed to provide maximum heat resistance to surfaces, such as smoke stacks, that are exposed to high operating temperatures over extended periods of time. (Photo: Axalta) “We are thrilled to add new high-heat products to Axalta’s industrial economy line,” said John Corry, Axalta...
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One of Axalta’s Premium Refinish Brands - Spies Hecker - Named Paint Brand of the Year 2018 in Irish Auto Trade Awards November 3, 2017
Spies Hecker ® , one of the premium refinish paint brands of Axalta Coating Systems (NYSE: AXTA) – a leading global supplier of liquid and powder coatings – has been named Paint Brand of the Year by the Irish Auto Trade Awards 2018. The ceremony to present the awards took place at Carton House in County Kildare, Ireland , on October 26, 2017 . This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171103005469/en/ From left to right: Kellie McGrath , model; Martina Campion , Enterprise Rent-A-Car; David Dempsey , Vehicle Refinish Sales Manager Crown Paints Ireland, accepting the award on behalf of Spies Hecker; and JP Denker, Enterprise Rent-A-Car (Photo: Axalta) In the Bodyshop Awards category, Spies Hecker beat strong competition from five other well-established paint brands to take the title of Paint Brand of the Year for 2018. “Winning this prestigious award is a great honor, and I would like to thank everyone who voted for us....
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Axalta Congratulates Mercedes-AMG Petronas Motorsport on a Winning Formula OneTM Season November 2, 2017
Axalta Coating Systems (NYSE:AXTA) congratulates Mercedes-AMG Petronas Motorsport on winning the 2017 FIA Formula One TM World Constructors’ Championship * – secured after the US Grand Prix on October 22, 2017 - and driver Lewis Hamilton on clinching the 2017 FIA Formula One TM World Drivers’ Championship* at the Mexican Grand Prix on October 29, 2017 . This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171102006210/en/ Axalta congratulates Mercedes-AMG Petronas Motorsport on its fourth consecutive Formula One Constructors’ Championship achievement. (Photo: Axalta) Spies Hecker®, one of Axalta’s three global refinish brands, is the Official Team Supplier of Mercedes-AMG Petronas Motorsport. The brand has been responsible for the paint on the team’s Silver Arrows race cars for more than four years. The weight, quality, and durability of the paintwork are extremely important because the race cars must endure extremely tough track...
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Axalta Leads Tech Session and Showcases a Wide Array of Powder Coating Offerings at FABTECH 2017 October 30, 2017
Axalta Coating Systems (NYSE: AXTA) will present its innovative powder coating solutions during FABTECH 2017 on November 6-9 at the McCormick Place Convention Center in Chicago, Illinois . The FABTECH Expo is the largest metal forming, fabricating, welding and finishing event in North America . The show provides a venue to showcase latest industry products, developments, and solutions that are designed to improve business productivity and increase profitability. Attendees are encouraged to visit booth # A6220 to hear from Axalta experts and learn about its product offering to the industry. Adam Genei , Owner of MobSteel and television star of History’s, Detroit Steel will sign autographs and engage in a Q&A session with attendees at the Axalta booth on Tuesday, November 7 from 10 a.m. to 12 p.m. “Axalta offers a suite of decorative, architectural, and functional powder coatings solutions to meet the needs of a wide spectrum of industries. The combined considerations of cost,...
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Axalta Confirms Discussions with AkzoNobel Regarding Potential Merger of Equals Transaction October 30, 2017
Axalta Coating Systems (NYSE: AXTA) (“Axalta”), a leading global coatings company, today issued the following statement: “Axalta today confirmed that it is engaged in discussions with AkzoNobel regarding a potential merger of equals transaction between Axalta and Akzo’s Paints & Coatings business. Axalta will pursue such a transaction only if its Board of Directors determines that it is in the best interest of Axalta to do so. There can be no assurances that a definitive agreement between the parties will be reached or on what terms.” About Axalta Coating Systems
Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions. From light vehicles, commercial vehicles and refinish applications to electric motors, building facades and other industrial applications, our coatings are designed to prevent corrosion, increase productivity and enhance durability. With more than 150 years of experience in...
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Axalta Debuts Cromax EZ on Dale Earnhardt Jr.’s Last NASCAR Cup Series Car at the 2017 SEMA Show October 26, 2017
Axalta Coating Systems (NYSE: AXTA) will debut Cromax ® EZ, its latest waterborne offering for the refinish market, on Dale Earnhardt Jr. ’s last NASCAR ® Cup Series race car during the 2017 SEMA Show. Earnhardt will drive the Cromax EZ-painted No. 88 Axalta Chevrolet SS for his final start as a full-time NASCAR Cup Series driver at Homestead-Miami Speedway on November 19, 2017 . This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171026006187/en/ Axalta’s latest waterborne basecoat, Cromax EZ, debuts on Dale Earnhardt Jr. ’s last NASCAR Cup Series race car (Photo: Axalta) Cromax EZ is a waterborne basecoat system that delivers exceptional results, has superior color match capability and outstanding cycle time. Designed for body shops that want to make a seamless transition from a solventborne application process to a waterborne system, EZ is exceptionally easy to use and requires minimal training. Cromax EZ also features a...
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Axalta Releases Third Quarter 2017 Results October 26, 2017
Third Quarter 2017 Highlights: Net sales of $1,091.8 million, up 7.0% as-reported and 5.1% on a constant currency basis versus Q3 2016 Net income and Adjusted EBITDA impacted by lower volumes in Performance Coatings and by recent natural disasters and higher raw material costs, partly offset by acquisition contribution Operating cash flow of $212.3 million and free cash flow of $182.5 million in Q3 versus $145.3 million and $114.8 million, respectively, in the same quarter last year Repurchased $50.1 million in Axalta stock at average price of $29.05 Acquisition contributions on track and key integration actions to be largely completed by year-end Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2017. Third Quarter Consolidated Financial Results Net sales of $1,091.8 million for the third quarter of 2017 increased 7.0%, including 1.9% in favorable foreign currency...
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Axalta Launches New High Performance, Protective Industrial Rail Car Coatings October 18, 2017
Axalta Coating Systems (NYSE: AXTA) announced its new collection of Tufcote™ Protective Rail Car coatings that are formulated to meet the needs of the industrial rail car and transportation industry. The product line includes easy-to-apply, high-build coatings that deliver superior protection when applied to properly prepared substrates. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171018005982/en/ Axalta Launches New High Performance, Protective Industrial Rail Car Coatings (Photo: Axalta) “Rail car and transportation maintenance structures are constructed to last and need a tough, durable finish to ensure their sturdy build stays intact,” said Michael Heineman, Axalta’s Vice President of Rail and High Performance Coatings. “Our new Tufcote line’s formulations and field proven technologies yield lasting results, improving the durability, protection and aesthetics of these substrates over time.” Axalta’s expansion into the...
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Axalta Focuses on Waterborne Coatings for Sustainable Future at The National Polymer Symposium XI in Jakarta, Indonesia October 17, 2017
Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, was recently invited to showcase its high performance products and speak at the National Polymer Symposium XI hosted by Indonesian Polymer Association in collaboration with leading universities and government institutions. The symposium was attended by around 100 researchers, lecturers, and industry practitioners who shared their knowledge on latest polymer technology innovation which can be synergized to improve global competitiveness of the ASEAN economic community. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171017006922/en/ Dr. Lei Qiao introduced Axalta's innovation in waterborne coatings at The National Polymer Symposium XI in Jakarta (Photo: Business Wire) Dr. Lei Qiao, Refinish Technology Director of Axalta Asia Pacific introduced Axalta’s innovation in waterborne coatings which are designed to reduce environmental impact...
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Axalta Introduces Waterborne Coatings to its Growing Portfolio of Industrial Tufcote Offerings October 16, 2017
Axalta Coating Systems (NYSE: AXTA) expanded its industrial Tufcote™ product line with Tufcote Hydro 2.1 HG and Tufcote Hydro LV HG waterborne acrylic products. The new collection of waterborne coatings is formulated to meet the demand for economy industrial products and may be used on wood, metal, and plastic surfaces in schools, hospitals, hotels, libraries and wineries. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171016005694/en/ Axalta launches Tufcote Hydro waterborne acrylic product lines for buildings and machinery in the economy industrial market. (Photo: Axalta) “We are excited to add waterborne products to our growing Tufcote portfolio,” says John Corry, Axalta Product Director, Industrial North America. “Their formulation offers building industries, such as healthcare offices, hospitals, and schools, a cost-effective coating that is USDA approved for use in areas with incidental food contact that is easy to...
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Axalta Announces 2017 SEMA Show Event Schedule and Special Guest Appearances October 10, 2017
Axalta Coating Systems (NYSE: AXTA) has announced the program of events for its indoor booth, #22391, during the 2017 SEMA show at the Las Vegas Convention Center in Las Vegas, Nevada from October 31 to November 3, 2017 . The program highlights Axalta’s Refinish, OEM, and Industrial coatings through demonstrations, guest appearances, and more. Program highlights include: Daily automotive design duels at the Axalta booth with a grand finale at 8:00 p.m. on Wednesday, November 1 at MEET in Las Vegas . Autograph session with TJ Ott, captain of the Hot Tuna boat on National Geographic Channel’s Wicked Tuna . Tuesday, October 31 at 2:00 p.m. and on Wednesday, November 1 at 11:00 a.m. Meet and greet the stars of History Channel’s Detroit Steel at 2:00 p.m. on Wednesday, November 1 . A discussion about the iconic Tucker Corporation’s legacy with members of the Tucker family and a look at the first ever Tucker Torpedo on November 2 at 11:30 a.m. A special appearance by Dale Earnhardt Jr. with...
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Axalta Schedules Third Quarter 2017 Results Conference Call October 9, 2017
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its third quarter 2017 financial results at 8:00 a.m. ET on Thursday, October 26, 2017 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will be available online at www.axalta.com/investorcall . The U.S. dial-in phone number for the conference call is 877-407-0784 and the international dial-in number is +1-201-689-8560. For those unable to participate, a replay of the call will be available through November 2, 2017 . The U.S. replay dial-in number is 844-512-2921 and the international replay dial-in number is +1-412-317-6671. The replay passcode is 1367 2189. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and...
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Axalta Updates Financial Guidance and Highlights Recent Effects on Its Business October 9, 2017
Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings provider, has updated its third quarter and 2017 full year financial guidance to incorporate several factors expected to impact results. These include the expected impact of the recent natural disasters, distributor working capital adjustments in Axalta’s Performance Coatings segment, and the projected widening of the gap between raw material input costs and offsetting near-term customer price increases. Axalta now expects third quarter and 2017 full year Adjusted EBITDA to be in a range of $205-$215 million and $870-$900 million , respectively. Net sales for third quarter 2017 are expected to be between $1.08-$1.10 billion , while full year net sales are expected to grow between 6%-7%. Charles W. Shaver, Axalta’s Chairman and CEO, commented that “We have seen and expect moderate effects on our business from recent hurricanes and the earthquake in Mexico, largely in terms of lost near-term volume...
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Axalta Exhibits Public Transportation Coatings at APTA Expo 2017 October 5, 2017
Axalta Coating Systems (NYSE: AXTA) will showcase its high performance commercial transit coatings at the American Public Transportation Association Expo (APTA Expo) being held at the Georgia World Congress Center in Atlanta, Georgia on October 8-11, 2017 . Attendees may visit booth #6437 to learn more about Axalta’s diverse portfolio of coatings for the public transportation sector, including Imron Elite™ OEM and aftermarket coatings, Precidium™ floor coatings, and powder products. “Public transportation vehicles have to get the job done for the public year-round,” said Joseph Wood, Axalta Vice President, Commercial Transportation. “They face harsh weather and environmental conditions and endure heavy use. Axalta’s range of products are designed to withstand the toughest environments and extend the lifecycle of public transport vehicles.” Axalta supplies liquid and powder coating solutions for manufacturers of public transportation vehicles across all segments including motor coach...
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Axalta and Stroud Water Research Center Host a Day of Education for Budding STEM Scholars October 4, 2017
On Saturday, September 30, 2017 , Axalta Coating Systems (NYSE: AXTA) partnered with Stroud Water Research Center to host students from Young Men and Women in Charge (YMWIC) for a day of learning focused on freshwater conservation. The program, which took place at the world-renowned Longwood Gardens in Kennett Square, Pennsylvania is yet another example of Axalta’s commitment to help nurture the next generation of science, technology, engineering and mathematics (STEM) leaders. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171004006223/en/ Axalta partnered with Stroud Water Research Center to host STEM programming for Young Men and Women in Charge students. (Photo: Axalta) YMWIC, a foundation that empowers and prepares economically disadvantaged and historically underrepresented youth to excel and become leaders in STEM careers through academic tutoring, mentoring and financial assistance programs, brought dozens of excited...
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Axalta Coating Systems to Launch First Shatter-Proof Glass Coating October 4, 2017
Axalta Coating Systems (NYSE: AXTA) has introduced the first clear, water-based coating that provides an invisible membrane to glass surfaces and is designed to keep potentially dangerous fragments in place, should the glass break or shatter. The technology was developed by the Glass Coatings Division of Spencer Coatings Group , which was acquired by Axalta in June of this year. The shatter-proof coating has already completed successful trials with the largest pharmaceutical glass bottle maker and the largest cosmetics bottle maker in the world, who were attracted to the potential of protecting glass containers of hazardous chemicals, blood plasma, and other fluids in high risk environments. In addition to these keys uses, the innovative coating has the potential to protect a multitude of glass substrates for products such as expensive liquid fragrances, perfumes, and beverages. “We approach innovation with a true vision and purpose, whether that be benefiting our customers’ business...
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Axalta Expands Its Tufcote Economy Series with Epoxy Products for the Industrial Market October 2, 2017
Axalta Coating Systems (NYSE: AXTA) adds Tufcote ™ 5100 Epoxy Topcoat and Tufcote LV PR 5187 Epoxy Primer to its recently released Tufcote LV HG series. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171002005988/en/ Axalta releases Tufcote epoxy products for economy industrial market. (Photo: Axalta) In addition to the Tufcote LV HG alkyd and polyurethane coatings, these epoxy products are ideal for use in above water conditions, on surfaces that are susceptible to weathering and corrosion, such as steel, wood, concrete, aluminum, fiberglass, storage tanks, machinery, and piers. “We’re excited to continue to expand our line of Tufcote epoxy products,” said John Corry , Axalta Product Director, Industrial Coating Systems North America . “This topcoat is designed to provide industrial structures with protection and exceptional resistance to chipping and abrasion, making products sustainable for the long-term. The Tufcote LV...
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Axalta Names Robert Ferris Vice President, Corporate Affairs and Chief Communications Officer and Matthew Winokur Vice President, Sustainability October 2, 2017
Axalta Coating Systems (NYSE: AXTA) today announced that Mr. Robert Ferris has joined the company as Vice President of Corporate Affairs and Chief Communications Officer. As chief company spokesperson, he will be responsible for developing and executing internal and external communications strategy and will also oversee the company’s global corporate social responsibility (CSR) initiatives. In tandem with Mr. Ferris’ appointment, Matthew Winokur, formerly Vice President, Corporate Affairs, has been named Axalta’s Vice President of Sustainability. In this new position at the company, he will partner closely with Axalta’s business leaders, customers, and other stakeholders to integrate, optimize and communicate the company’s sustainability initiatives associated with its supply chain, manufacturing, coatings, product application technologies, and CSR programs. Over the course of almost 13 years at Honeywell , Mr. Ferris was chief spokesperson on all global corporate and financial media,...
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Central Aluminum Supply Featured on the No. 9 Axalta Chevrolet at Dover International Speedway September 29, 2017
Axalta Coating Systems (NYSE: AXTA) partnered with Central Aluminum Supply for the JR Motorsports’ No. 9 Axalta Chevrolet paint scheme at Dover International Speedway . Central Aluminum Supply will be featured as the primary sponsor on the hood of the No. 9 car driven by William Byron on Saturday, September 30, 2017 . Byron has captured race fans’ attention with three wins this season in the NASCAR ® Xfinity Series (NXS) and will move to the Cup series to drive the No. 24 car for Hendrick Motorsports next year. Central Aluminum Supply, a seamless gutter and rain-ware manufacturer and wholesale distributor, serves the residential and commercial markets in New Jersey, Maryland, Eastern New York and Long Island, Delaware, Northern Virginia, and Pennsylvania. Central Aluminum offers a comprehensive color selection, large product line, and gutter machine sales and maintenance. The company’s recent expansion includes a 21,000 square foot facility in Paterson, New Jersey. The newest of...
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Axalta Coating Systems Appoints Joseph F. McDougall, President Global Refinish September 25, 2017
Joseph F. McDougall has been named Senior Vice President and President, Global Refinish at Axalta Coating Systems (NYSE: AXTA). In this new role at the company, Mr. McDougall will be responsible for Axalta’s global refinish business which provides coatings, application technologies and service and support resources to customers in the collision repair and vehicle aftermarket sectors in more than 130 countries. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170925005808/en/ Joseph F. McDougall has been named Senior Vice President and President, Global Refinish at Axalta Coating Systems . (Photo: Axalta) “Joe brings a unique set of skills to this new position at Axalta including a strong knowledge of our business, our strategy and our customers,” said Axalta Chairman and CEO Charlie Shaver. “The refinish marketplace, a key component of our Performance Coatings business, is evolving and creating opportunities for growth at...
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Axalta to Attend Mack and Volvo Trucks UPTIME Event in Florida September 21, 2017
NASCAR Champion Jeff Gordon to Engage with Dealership Attendees Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will attend the Mack and Volvo Trucks UPTIME dealer training event at the Gaylord Palms Resort and Convention Center in Kissimmee, Florida on September 28-29, 2017. Axalta experts will provide attendees with valuable information about the company’s Imron® Elite product technology, superior color match, and process review and consulting services that are available to Mack and Volvo dealerships. Jeff Gordon, Axalta’s Global Business Advisor and former NASCAR® champion, is scheduled to visit Axalta booth #102 on Thursday, September 28 at 7:00 p.m. to engage with attendees. “Axalta values its long-term partnership with Mack and Volvo Trucks,” said Phil Henriques , Axalta Strategic Account Director, Volvo Group . “In addition to providing our high-performance coatings, Axalta experts evaluate productivity and perform process reviews...
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Axalta Collaborates with Universities in China September 20, 2017
Launches Internship Program to Develop Future Coating Industry Talent Axalta Coating Systems (NYSE: AXTA) has launched its Axalta Paints the Future internship program, which aims to develop future talent for the coating industry in China. The program offers internships to outstanding university students from four Chinese universities – Shanghai Jiaotong University, East China University of Science and Technology, Tianjin University, and Shanghai University of Engineering Science - that major in chemistry, chemical engineering and material science. Axalta Paints the Future program aligns with the company’s global support of science, technology, engineering and mathematics (STEM) education. In China , the program will expand on its Axalta Sustainable Education Program, which echos China’s national agenda for sustainable economic development and growth. “Talent is the key to developing the coating industry. As a leading global coatings company, Axalta is committed to fostering the future...
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Axalta and Reynaers Aluminium Present the ICONICA Collection at Belgian Architecture Festival September 19, 2017
For over thirty years, Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has worked closely with international aluminum company, Reynaers Aluminium, to provide architects with beautiful, durable, coated aluminum products. This year Reynaers has added Axalta’s Alesta ® SD ICONICA collection to its portfolio, presenting it at the Festival van de Architectuur 2017 which took place in Antwerp, Belgium , from September 8 to 17, 2017 . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170919006179/en/ Axalta and Reynaers present ICONICA collection at the Festival van de Architectuur 2017. (Photo: Axalta) ICONICA is the newest color collection from Axalta’s Super Durable powder coatings range, and contains 40 colors across four distinctive color palettes. Axalta and Reynaers will be co-branding the color cards, which will be offered to the aluminum company’s extensive client base of...
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Axalta Introduces the Eloxal Selection – a New Offering of Alesta Super Durable Powder Coatings September 19, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, introduces the Eloxal Selection , comprised of high-performance metallic effect powder coatings from Axalta’s Alesta ® Super Durable range. The Eloxal Selection provides reproducible, homogeneous finishes coupled with outstanding exterior durability and high weather resistance, which make it ideal for outdoor architectural applications. The Eloxal Selection offers the appearance of the most popular anodized finishes combined with all the benefits of a powder coating, delivering an attractive and durable high-quality finish. And compared to electrolytic oxidation, powder coatings have the added advantage that they can be applied on different substrates including aluminum, steel and cast components. “Made with special bonding technology, the Eloxal Selection offers our customers optimum ease of application and excellent reproducibility. We know these highly reliable, easy to use, and...
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Axalta Launches Polyurethane Coatings to Expand Tufcote Industrial Economy Line September 18, 2017
New Polyurethane Topcoats Offer Strong Adhesion and Chip Resistance for Industrial Maintenance Applications Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, expanded its Tufcote™ brand with the addition of a polyurethane topcoat. The Tufcote LV HG Polyurethane Topcoat is a two-component economy coating designed to provide a high gloss and an extremely durable solvent- and chemical-resistant finish for industrial applications. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170918006049/en/ Axalta announces release of Tufcote LV HG polyurethane products for the economy industrial market (Photo: Axalta) The new polyurethane topcoats are formulated with fast-drying capabilities for a quicker re-coat time, which may contribute to improving the efficiency in application over time. Tufcote LV HG Polyurethane Topcoats are formulated at a volatile organic compound (VOC) level of 0.8...
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Axalta and Mercedes-AMG Petronas Motorsport Celebrate Win at Singapore Grand Prix September 18, 2017
Under the lights of the Singapore Marina Bay Street Circuit, the two Silver Arrows of Mercedes-AMG Petronas Motorsport gleamed for two hours as they fought a great 2017 Formula One TM Singapore Airlines Singapore Grand Prix, which took place on September 17, 2017 . Lewis Hamilton won his third consecutive race of the 2017 season, to maintain his lead in the FIA Formula One TM World Drivers’ Championship and the team’s lead in the FIA Formula One TM World Constructors’ Championship. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170918005967/en/ Axalta’s Spies Hecker has been responsible for the paint on the high-impact, instantly-recognizable liveries of the Mercedes-AMG Petronas Motorsport team’s race cars for the past three years, including the cars of their three-time World Constructors’ Champions success. (Photo: Axalta) Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is...
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Axalta Coating Systems Hosts Corporate Social Responsibility Summit in Philadelphia September 15, 2017
Interactive presentations and special guests include leaders from the City of Philadelphia and The Franklin Institute, top journalists, and NASCAR champion and philanthropist Jeff Gordon Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will host the 2017 Axalta CSR Summit: The Chemistry of Partnership on Friday, September 22, 2017. The top corporate social responsibility (CSR) and sustainability leaders throughout the Philadelphia region – home of Axalta’s global headquarters – will gather at the Elaine Levitt and Joel Gershman Education and Conference Center at The Franklin Institute in Philadelphia, and will focus on how businesses can positively impact their communities and the world at large through the support of charitable and community initiatives, environmental sustainability practices, and science, technology, engineering, and mathematics (STEM) education. “As a global coatings manufacturing company, with more than 150 years of...
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James Hardie Building Products Featured on the No. 9 Axalta Chevrolet at Chicagoland Speedway September 14, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with James Hardie Building Products to feature James Hardie as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet driven by William Byron at Chicagoland Speedway on September 16 , 2017. Byron has captured race fans’ attention with three wins this season in the NASCAR ® Xfinity Series (NXS) and will move to the Cup series to drive the No. 24 car for Hendrick Motorsports next year. James Hardie Building Products offers a versatile collection of siding and trim profiles, textures, widths, and colors to adorn homes with authentic character in the tradition of great American home design. James Hardie® siding with ColorPlus® Technology delivers exceptional aesthetics and performance, and includes multiple coats of paint baked onto each board to create a strong bond that resists chipping, peeling, cracking, and fading for years of lasting beauty. Expert color...
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Axalta Wins Elevation Award from Durability and Design Magazine September 14, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was awarded Design + Durability’s Elevation Award in the Public Buildings Category. The award ceremony honors architects, interior designers, painting contractors, decorative artisans, manufacturers and suppliers for outstanding projects completed between January 1, 2016 and March 1, 2017 . Axalta, in partnership with DSI Spaceframes, Inc. , was awarded for its contribution to the San Francisco Transbay Transit Center project. Axalta’s custom architectural grade powder coating, Alesta® AR400 Cumulus Cloud, was selected by DSI Spaceframes to coat its System III space frame systems, truss-like, lightweight rigid steel structures constructed from interlocking struts in a geometric pattern. AR400 Cumulus Cloud meets the strict durability requirements of AAMA 2604 while providing long-lasting beauty to the transit center. “We are very excited to be part of such a prestigious project,” said Josh...
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Axalta Features Coating Solutions at North American Commercial Vehicle Show September 13, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will showcase high-performance products for the commercial transportation industry at the North American Commercial Vehicle Show (NACV Show) in Atlanta, Georgia on September 25-28, 2017 . The first of its kind, the NACV Show brings together major truck, trailer and component brands from across the United States to discover new technologies, industry best practices, and insights that are presented exclusively at the event. Axalta will display its Imron ® polyurethane products, Corlar ® epoxy primers, AquaEC ® electrodeposition products, and Alesta ® powder coatings at booth #2853 in the Georgia World Congress Center. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170913005889/en/ Axalta will feature its broad array of products for use on heavy duty trucks, trailers, and other commercial vehicles at the NACV show in Atlanta ....
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Axalta Announces Exclusive Partnership with National Transportation Center September 12, 2017
Axalta Coating Systems (NYSE: AXTA) is pleased to announce its partnership with the National Transportation Center (NTC). The NTC is the nation’s first centralized training and employment center created to support the commercial transportation industry’s critical and long-term training, workforce recruitment, and retention efforts. Axalta is happy to extend its training resources to NTC and positively impact the future of the transportation industry. The NTC will provide individuals interested in working in the commercial transportation repair and maintenance field with the knowledge to help them succeed. The center will allow students to develop the skills necessary to excel in heavy truck maintenance careers by offering educational classes, apprenticeships and connecting them to rewarding job opportunities. Axalta will provide its interactive, commercial transportation curriculum for use in NTC’s Heavy Truck Collision course, which focuses on training military veterans how to...
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Axalta Introduces Latest Addition to Internal Pipe Coatings Portfolio September 11, 2017
Axalta Coating Systems (NYSE: AXTA) is pleased to introduce its latest addition to the corrosion resistant internal pipe coatings line from the Nap-Gard ® Functional Coatings collection. Nap-Gard 7-0015 Tan Internal FBE is a thermosetting epoxy powder designed to pass the Saudi Aramco 09-SAMSS-091 (2011) specification. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170911005979/en/ Nap-Gard 7-0015 Tan joins Axalta pipe coating family (Photo: Axalta) “Axalta is excited to bring an additional product to its internal pipe coatings line,” said Meghan Hodge, Axalta Global Product Marketing Manager, Functional Coatings. “Nap-Gard 7-0015 will be a good option for customers who need a flexible coating that provides corrosion protection in severe downhole environments up to 105°C (221°F).” Today's environments explored by oil and gas operators have higher temperatures and concentrations of H 2 S, CO 2 and other gas contaminants....
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Axalta Showcases High Performance Imron Marine Coatings at International BoatBuilders Expo in Florida September 8, 2017
Captain TJ Ott of Wicked Tuna to Appear and Hold Autograph Sessions Axalta Coating Systems (NYSE: AXTA) will display its high performance Imron® coatings for the marine sector at the International BoatBuilders Expo and Conference (IBEX) on September 19-21, 2017. The conference, taking place at the Tampa Convention Center in Florida, is the largest technical trade event for marine industry professionals in North America. TJ Ott, a captain on the National Geographic hit show Wicked Tuna, will make a guest appearance in Axalta booth #3218 from 1-3 p.m. on Tuesday, September 19 and from 2-4 p.m. on Wednesday, September 20. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170908005581/en/ TJ Ott, a captain on the National Geographic hit show Wicked Tuna, will make a guest appearance in Axalta booth #3218 from 1-3 p.m. on Tuesday, September 19 and from 2-4 p.m. on Wednesday, September 20. (Photo: Axalta) “I use Imron marine...
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Axalta Coats Field Goal Posts for Philadelphia Eagles September 7, 2017
Lincoln Financial Field – Home to the Philadelphia Eagles – Will Have its Field Goal Posts Coated with Axalta Coating Systems’ High-performance Polyester Powder Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has given the field goal posts at Lincoln Financial Field, home to the Philadelphia Eagles, a new look for the start of the football season with its premier industrial coating. Alesta® Polyester Architectural AE Gloss RAL 1016 in Sulfur Yellow has been selected as the color and product of choice due to its high-performance coverage, durability, and functionality. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170907006099/en/ Axalta's Alesta Polyester Architectural AE Gloss RAL 1016 in Sulfur Yellow the color and product of choice for the Eagles' goal posts due to its high-performance coverage, durability, and functionality. (Photo: Axalta) “We recently reevaluated our...
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Axalta Conducts Certification Program for FAW Audi Technicians in China September 6, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global liquid and powder coatings supplier, recently conducted the FAW Audi Senior Paint Technician Certification program for 240 paint technicians. This is the largest group to date since Axalta and FAW Audi began collaboration to offer training and certification services in 2011. Technicians from Audi dealers in China attended the program at Axalta’s Refinish Training Center (RTC) in its newly-built Asia-Pacific Technology Center, in Shanghai . “As a long-standing partner, Axalta has supported FAW Audi with coating technology and after-sales service. We’re very pleased that we can help our auto manufacturing customers to improve their auto refinish efficiency and service quality through our world-class professional training and certification programs for paint technicians,” said Leo Zheng, Refinish Business Director at Axalta China. The Axalta-FAW Audi Certification program spans three years of training, covering beginner to advanced...
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Axalta Broadens Its Industrial Tufcote Brand with New Economy Product Lines September 5, 2017
New VT Alkyd and Acrylic Alkyd Primer and Topcoats Designed to Deliver Good Corrosion Resistance and Color Retention Properties Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce the expansion of its Tufcote™ product line to include acrylic alkyd and vinyl tolunene (VT) alkyd primers and topcoats for the economy industrial market. Created using solventborne technology, Tufcote LV HG series acrylic alkyd, Tufcote 2.8 HG series acrylic alkyd, and Tufcote 2.8 HG series VT alkyd products will complement the existing line of Tufcote finishes that serve the industrial segment. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170905006157/en/ Axalta announces new economy Tufcote acrylic alkyd and VT alkyd products for use on construction equipment, electrical enclosures, oil field equipment and related markets. (Photo: Axalta) “At Axalta, we strive to deliver...
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Axalta Coating Systems Responds to Hurricane Harvey September 5, 2017
Thanks to tremendous efforts on the part of dedicated and resilient colleagues, Axalta Coating Systems (NYSE: AXTA) restarted production at its Houston -based powder coatings manufacturing center on Friday. From the onset of the storm, the company maintained direct contact by phone, email and an emergency web portal with all staff who live in the area affected by Hurricane Harvey and was quickly able account for them and assure that everyone was safe. Axalta has established a relief fund which includes donations from fellow employees across the U.S. to provide financial support for affected employees. “The effects of the storm will have an enduring impact on the lives of our employees and millions of others,” said Axalta Chairman and CEO Charlie Shaver. “We grateful that we’ve been able to stay in touch with our colleagues during the height of the storm and that our more than 200 employees based in the area are all safe. We’re committed to stand by the to help them overcome the...
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Axalta Showcases Electrical Insulation Offerings at 2017 Electric and Hybrid Vehicle Technology Expo August 31, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit its full line of Voltatex ® products at the 2017 Electric & Hybrid Vehicle Technology Expo (EHVTE) on September 12-14, 2017 at the Suburban Collection Showcase in Novi, Michigan . Attendees may visit Axalta’s booth #817 to engage with experts on modern liquid insulation materials that are widely used in the electric vehicle (EV) industry. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170831005131/en/ Axalta's Energy Solutions business will feature its full line of Voltatex products at 2017 Electric & Hybrid Vehicle Technology Expo (Graphic: Axalta) The Electric and Hybrid Vehicle Technology Expo is the industry’s largest free-to-attend exhibition and networking event, complete with notable keynote speakers and innovative workshops. EHVTE showcases manufacturing solutions across the entire EV supply chain...
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Axalta Introduces New Architectural Shade to Alesta AR500 Product Line August 24, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, expands its Alesta ® AR500 powder coating offering with new shade, RAL 9006. The latest addition delivers exceptional beauty and meets the strictest performance standards of the architectural industry. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170824005238/en/ Axalta releases RAL 9006 as its latest addition to the AR500 collection. (Photo: Axalta) RAL 9006 is a premium powder coating that provides a smooth, silver metallic finish and is formulated to deliver the highest level of color and gloss retention. In addition to excellent color properties, AR500 RAL 9006 is formulated to provide weatherability, performance and impact protection necessary to withstand extremely harsh climates. “We are excited to release RAL 9006 to the Alesta AR500 powder coating family,” said Manny Mayer , Axalta Architectural Business Development...
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Axalta Inaugurates Its New Technology Center in Vadodara, India August 23, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, opened its expanded Technology Center Savli in Vadodara in the state of Gujarat, India . The technology investment demonstrates Axalta’s commitment to delivering innovative coating solutions in India , a strategic market in Asia-Pacific . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170823005605/en/ Axalta opens its expanded Technology Center Savli in Vadodara in the state of Gujarat, India . (Photo: Axalta) The Technology Center includes an automotive coatings development laboratory and color laboratory. The automotive coatings development laboratory will focus on developing special paint formulations to ensure superior color match, aesthetics and quality. The new laboratory space will feature contemporary robotic spray applicators that can simulate line application conditions inside customer manufacturing plants. The...
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2017 PCI/Axalta Scholarship Recipient Announced August 21, 2017
Scholarship Advances Powder Coating Technologies and Nurtures Future Industry Growth Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, in partnership with the Powder Coating Institute (PCI), is excited to announce Theodore Hammer as the winner of the 2017 PCI/Axalta Scholarship. Offered to college students pursuing degrees related to powder coating technologies, the scholarship fosters growth and innovation in the industry by identifying recipients who demonstrate exceptional academic performance and leadership potential. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170821005757/en/ Theodore Hammer, 2017 PCI/Axalta Scholarship Winner receives award from Michael K. Bollan, Axalta Business Director, Powder Coatings-Americas. (Photo: Axalta) As the 2017 scholarship recipient, Hammer will receive $5,000 towards his graduate degree in Polymer Science from the University of Akron...
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ETAS Metal Roof & Wall Systems Featured on the No. 9 Axalta Chevrolet at Bristol Motor Speedway August 17, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with ETAS Metal Roof & Wall Systems (ETAS) to feature ETAS as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet driven by William Byron at Bristol Motor Speedway on Friday, August 18 , 2017. Byron has already captured race fans’ attention with three wins this season in the NASCAR ® Xfinity Series (NXS). ETAS Metal Roof & Wall Systems, a manufacturer of painted coil products and pre-engineered metal buildings, is relocating to a new state-of-the-art facility with liquid spray capabilities in Mineola, Texas. The 130,000-square foot facility will provide resources to improve service and selection. Future expansion includes powder coating to augment ETAS’ door division, Powerlift Doors of Texas. ETAS’ growth has also allowed the company to acquire Mineola Pipe and Steel, a fabrication company, and Lake Country Machine, a small machine shop also...
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Axalta Collaborates with University of Oviedo in Asturias, Spain for International AACSB Accreditation August 16, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has signed an agreement with the University of Oviedo , based in Asturias, Spain , to establish an Axalta Chair. The main objective of the agreement will be to help the university achieve accreditation by the Association to Advance Collegiate Schools of Business (AACSB). AACSB accreditation is a coveted worldwide hallmark of business education excellence and will help the University of Oviedo to make its way into the top 10 business universities in Spain. To date, the only other public Spanish universities to hold AACSB accreditation are in Madrid and Barcelona. “Axalta works with educational institutions around the world to help them bring on the next generation of business professionals and equip them with the practical and commercial skills needed for the marketplace of tomorrow,” said Kolja Hosch , Head of Country Human Resources for Axalta in Europe , the Middle East and Africa , who was...
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Axalta Supports Chinese Student Racing Team to Compete in the Formula SAE 2017 August 15, 2017
The Shanghai Tongji University’s student car racing team, TJU, will participate in Formula SAE 2017, an auto design competition organized by the Society of Automotive Engineers (SAE) International . The first stop of the tour takes place in Germany this month. The race car, dubbed TR17, was designed and developed independently by students from the College of Automotive Studies of Tongji University . TR17 is painted with Axalta’s Spies-Hecker ® waterborne coating, courtesy of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings. The coating was applied at Axalta’s Asia-Pacific Technology Center. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170815006136/en/ TR17, the race car of Shanghai Tongji University's student car racing team was painted with Axalta's coatings. (Photo: Axalta) Support from Axalta has enabled the TJU racing team to witness the birth of an innovative,...
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Axalta Adds Non-Slip Powder Coating to Alesta Product Line August 15, 2017
New Powder Coating Enhances Traction on Slip-prone Surfaces Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce Alesta® Sure-Grip as its latest powder coating offering. This technology holds up to heavy traffic and harsh chemicals to provide an excellent solution for hazardous slip-prone areas. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170815005698/en/ Alesta Sure-Grip holds up to heavy traffic and harsh chemicals to provide an excellent solution for hazardous slip-prone areas. (Photo: Axalta) “Slippery surfaces can pose real dangers, especially when exposed to water,” said Axalta Product Manager, Craig Dietz . “There is a demand for anti-skid coatings in the industry and I am excited that Axalta has recognized and responded to this as part of its commitment to stay at the forefront of our customers’ needs.” The high traction detailing of Sure-Grip...
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Axalta Coating Systems to Acquire Plascoat Systems Limited August 14, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today that it has acquired Plascoat Systems Limited , a leading supplier of thermoplastic powder coatings, from its parent company, International Process Technologies (IPT) Ltd. Financial terms of the transaction were not disclosed. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170814005419/en/ Axalta acquires Plascoat. At the signing, left to right, Keith Bilham (Group Finance Director, IPT Ltd ), Jeremy Stoke (Chairman, ITP Ltd ), Matthias Schoenberg , Axalta Vice President and President Europe, Middle East and Africa Region . (Photo: Axalta) Established in 1952, Plascoat has pioneered the science behind the formulation, manufacturing, and application of thermoplastic polyolefin coatings. Plascoat’s industry-leading product portfolio includes Plascoat PPA 571, a flexible, tough and highly durable plastic coating...
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Axalta Introduces Syrox Waterborne Refinish Coating Brand to China August 11, 2017
Easy to match and apply colors help auto service and body shops to deliver higher productivity Axalta Coating Systems (NYSE: AXTA), a leading global liquid and powder coatings supplier, has officially launched its Syrox® waterborne refinish coating brand in China to benefit domestic auto service companies. Syrox, an affordable, compact refinish system, is designed to deliver higher productivity and ease-of-application to auto service suppliers and body shops. Access to Axalta’s color database of more than 70,000 formulas ensures quick and precise color search and matching. Color Reader, an advanced, easy-to-use digital spectrophotometer, comes with a calibration set and a dedicated cable for connecting to the Syrox Color Search software. Together, these two tools give Syrox users an advantage in the bodyshop, helping to deliver, fast, easy, and accurate color-matching results. Syrox’s specially-designed bottle is a first in the refinish industry. Its innovative dosing lid controls...
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Axalta Marketing Manager Named to 40 Under 40 List August 10, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that Kristen Boyd , Axalta Industrial Marketing Manager was selected as a member of Products Finishing “40 Under 40” class of 2017. Products Finishing is an industry publication that features articles, case studies, and news for finishing professionals. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170810005832/en/ Kristen Boyd , Axalta Industrial Marketing Manager was selected as a member of Products Finishing "40 Under 40" class of 2017. (Photo: Axalta) The 40 Under 40 designation is awarded to exceptional professionals who not only benefit their company, but also help to advance the finishing industry. Winners are selected by a panel of judges comprised of the Products Finishing editorial staff. “Young professionals are a vital asset to the finishing industry, and it is important to acknowledge those...
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Ambassador Supply Featured on the No. 9 Axalta Chevrolet at Mid-Ohio Sports Car Course August 10, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with Ambassador Supply to feature the company as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet driven by William Byron at Mid-Ohio Sports Car Course on Saturday, August 12 , 2017. Byron has captured race fans’ attention with three wins so far this season in the NASCAR ® Xfinity Series (NXS). Ambassador Supply, a group of companies including the Granville Lumber Company, Country Metals, Proline Truss, and Qualiform Metals, is celebrating its fifth anniversary. Ambassador Supply focuses on providing high quality manufactured building products, post frame building solutions, and building materials to professional contractors within the agricultural and residential building markets. The group of companies is committed to supporting their customers’ personal and professional growth, leadership development, and organizational stability. "Sponsoring the No....
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Axalta Showcases Imron High Performance Commercial Vehicle Coatings at Bus Expo 2017 in China August 9, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will display its Imron ® high performance coating for the heavy-duty and commercial automotive sector at the Bus Expo 2017 which begins today and runs through August 11 . Held at the Shanghai New International Expo Center, the exhibition is the largest, most distinguished trade exhibition targeting the bus and passenger vehicle industries in Asia . Initiated by chinautc.com, an official website of the Chinese Academy of Urban Planning and Design , it is jointly hosted by the City Public Transportation Academy of China Civil Engineering Society and Shanghai Public Transportation Association . Axalta’s booth A032 is in Hall E1. “China’s public transportation systems are developing at a stable pace due to rapid urbanization. We work with our customers to enable the transportation sector to accommodate this increasing growth,” said Jack Jiang, Business Director of Commercial Vehicle Coatings at...
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Axalta Boosts Refinish Learning and Developing Offering in United States and Canada August 8, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce enhanced refinish learning and development offerings available to customers in the United States and Canada including live virtual training classes and an enhanced Master Certification. The new offerings further strengthen Axalta’s robust learning and development program that includes classroom, hands-on, and e-learning options. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170808006227/en/ Axalta’s Master Certification in Refinish is earned exclusively at its Customer Experience Center in Concord, North Carolina . (Photo: Axalta) Axalta’s live virtual training, which covers the same curricula taught at Axalta’s Learning and Development Centers, is a solution for paint technicians who recognize the value of face-to-face learning, but are not able to travel. Over two morning sessions, a qualified refinish...
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Axalta Hosts Annual Latin American Distributors Convention 2017 August 8, 2017
Over 500 Axalta distributors learn strategies to anticipate market needs and customer expectations Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, held its Annual Latin America Distributors Convention in Los Cabos, Baja California Sur, with the presence of Charlie Shaver, Axalta Chairman and CEO, members of global and regional leadership teams as well as over 500 distributors, business partners, customers and colleagues from the region. The agenda included workshops that focused on business strategies to improve customer productivity and presentations on new products, technologies, and other commercial resources for customers. Shaver reviewed Axalta’s latest achievements in Latin America , as well as the company’s global results, challenges, and opportunities. He highlighted the importance of the region’s contribution to Axalta’s growth, and the company’s commitment to continued investment and expansion in Latin America . "Our...
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Dale Earnhardt Jr.’s Last NASCAR Cup Series Car Revealed Live on QVC from Axalta’s Customer Experience Center August 7, 2017
On Wednesday, August 2 , Dale Earnhardt Jr. , driver of the No. 88 Axalta Chevrolet SS for Hendrick Motorsports , and Craig Stephens , Director of Collision Services at AutoNation , appeared on QVC ® during the “Dale Earnhardt Jr. Appreci88ion Tour” broadcast, live from the Axalta Coating Systems (NYSE: AXTA) Customer Experience Center in Concord, North Carolina , to reveal the paint scheme that will be featured on the No. 88 Axalta Chevrolet SS for Earnhardt’s final start as a full-time NASCAR ® Cup Series driver at Homestead-Miami Speedway on November 19 . The show also featured an assortment of die-cast model cars, apparel and other licensed collectibles. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170807005865/en/ Earnhardt Jr. revealed the paint scheme during a live broadcast at Axalta's Customer Experience Center. (Photo: Axalta) Axalta will partner with and feature AutoNation on the car for the final race. The...
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Progressive Powder Coating, Inc. Featured on the No. 9 Axalta Chevrolet at Watkins Glen International August 4, 2017
Axalta Coating Systems (NYSE: AXTA), has partnered with Progressive Powder Coating, Inc. to feature Progressive as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet driven by William Byron at Watkins Glen International on Saturday, August 5. Byron has captured race fans’ attention with three wins so far this season in the NASCAR ® Xfinity Series (NXS). Progressive, a highly automated, full-service powder coating finisher, offers value-added services to coat, assemble, pack, and deliver parts. It recently added a third high volume paint line to its operation that is capable of coating products up to 30 feet in length. Progressive’s state-of-the-art eight stage washers are built to handle tough laser scale on site. “We are excited to see Progressive featured on the No. 9 Axalta Chevrolet this weekend. Like Axalta, Progressive is committed to growth and innovation to better serve its customers,” said Mike Cash , Axalta’s Senior Vice President and President of...
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Axalta Releases Second Quarter 2017 Results August 3, 2017
Second Quarter 2017 Highlights: Net sales of $1.1 billion, up 2.3% as-reported and 3.8% on a constant currency basis Net loss and Adjusted EBITDA impacted by weaker average pricing and mix, partly offset by acquisition contribution Second half focus includes increased pricing to offset raw material inflation and enhanced productivity actions Closed three acquisitions expected to add over five percent to consolidated annualized net sales Axalta Coating Systems Ltd. (NYSE: AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2017 . Second Quarter Consolidated Financial Results Net sales of $1,088.5 million for the second quarter of 2017 increased 2.3%, including 1.5% in unfavorable foreign currency translation impact. Constant currency net sales increased 3.8% in the period, driven by 6.5% in acquisition contribution, partly offset by 0.3% lower volumes and 2.4% lower average selling prices. Slightly lower organic net...
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Axalta Coating Systems Opens New Training Center in Western Australia July 31, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has recently opened a new training facility in Bentley, Perth, Australia . The center will become the key training destination for refinishers from the Western Australian region, focusing on the use of Axalta’s refinish and industrial products to help maximize refinishers’ skill-sets and keep them up-to-date with latest technology and techniques. The new training center, was initiated to help customers and business partners in the Western Australia avoid having to travel vast distances, often up to 4,000km. It provides easy access to world class product and consultancy training programs that address business and product requirements, sharpening customers’ competitive edge. “Axalta’s new Western Australian training center highlights our commitment to supporting our customers,” said Paul Polverino , Axalta’s National Training Manager. “Our new training facility focuses on commercially-oriented...
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Axalta Wins Best Partner Award from FAW-Volkswagen Qingdao July 27, 2017
Axalta Coating Systems (NYSE: AXTA), has received the Best Partner award from FAW-Volkswagen (FAW-VW) in Qingdao . FAW-VW is a joint venture between FAW Group and Volkswagen Group which manufactures Audi and Volkswagen brand passenger cars for sale in China . FAW-VW and Axalta established a partnership in 1992. As its main coating supplier, Axalta participated in the co-construction of FAW-VW’s Qingdao paint workshop and provides AquaEC™ E-coat products, Eco-Concept coating primerless system, and two component clearcoats for their vehicles . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170727006503/en/ Axalta wins Best Partner Award from FAW-Volkswagen Qingdao. (Photo: Axalta) “We are very excited to receive this prestigious award as a recognition of the partnership between FAW-VW Qingdao and Axalta,” said James Chen, Transportation Coatings Business Director, Greater China for Axalta. “At Axalta, we’re committed to...
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Axalta Powder Coatings Chosen to Protect Tallest Tower in Malaysia July 24, 2017
Axalta Coating Systems (NYSE: AXTA), in collaboration with Euro Façade, Superb Aluminium and Mulia Group , will supply its Alesta ® powder coatings for The Exchange 106 tower in Kuala Lumpur, Malaysia . With completion scheduled for 2018, the impressive skyscraper will be the tallest building in Malaysia , transforming the city’s International Financial District. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170724005858/en/ Axalta's Alesta powder coatings have been selected to protect the tallest tower in Malaysia . (Photo: Axalta) The Exchange 106 is the latest flagship project of Mulia Group, Indonesia’s leading commercial property developer, which is renowned for its cutting-edge design, efficient space planning, and operational excellence. Designed to be the most luxurious office skyscraper in the world, the iconic tower will exemplify the most innovative construction strategies. Euro Façade Tech Sdn Bhd , Superb...
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Axalta Coating Systems Implements Titanium Dioxide Surcharge on Selected Products July 21, 2017
Due to continuing significant price increases in the cost of titanium dioxide over the past six months, Axalta Coating Systems (NYSE: AXTA) will impose a price surcharge for coating products that contain this critical raw material. The surcharge will be applied to specific products sold in all regions of the world and is independent from any pricing actions due to the long-term rise in the cost of producing resins and other key components of Axalta products. The titanium dioxide surcharge will take effect on all orders received after August 1, 2017. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With 150 years of experience...
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Axalta Schedules Second Quarter 2017 Results Conference Call July 20, 2017
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its second quarter 2017 financial results at 8:00 a.m. ET on Thursday, August 3, 2017 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will be available online at www.axalta.com/investorcall . The U.S. dial-in phone number for the conference call is 877-300-8521 and the international dial-in number is +1-412-317-6026. For those unable to participate, a replay of the call will be available through August 10, 2017 . The U.S. replay dial-in number is 844-512-2921 and the international replay dial-in number is +1-412-317-6671. The replay passcode is 1011 0895. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable...
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Axalta Coating Systems Makes Binding Offer to Acquire European and Chinese Operations of Wire Enamel Manufacturer IVA July 19, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today that it has made a binding offer to acquire the European and Chinese operations of IVA, one of the world’s leading wire enamel manufacturers, from its parent company Superior Essex. IVA, which has been in operation since the late 1930’s, develops and produces the latest innovations in wire enamels used to insulate electrical equipment and components. IVA is well known for its broad portfolio of high performance, high quality wire enamels including top coats and self-bonding products. These include state-of-the-art insulating technologies used in the manufacture of e-mobility technology, renewable energy applications, medical equipment, household appliances, and industrial and automotive applications, among others. “We look forward to welcoming IVA into Axalta,” said Michael Glomp , Axalta’s Global Vice President, Energy Solutions . “IVA’s single-minded focus on continuous...
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Axalta and TAFE NSW Celebrate Inaugural Training Graduation in Australia July 18, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, celebrates the success of its partnership with educational institute TAFE New South Wales, with the graduation of its inaugural program’s first students. TAFE, or Technical and Further Education, is Australia’s leading provider for vocational education and training courses. The program will help address Australia’s shortage of skilled technicians for auto repair and refinish, with nearly 5000 technicians needed to maintain industry sustainability. Axalta’s alliance with TAFE NSW began in 2016. After the closure of TAFE course facilities at Mount Druitt, Axalta welcomed students to its facility in nearby Riverstone, Western Sydney. Well-equipped with ultramodern paint technology and repair equipment, Axalta’s training center gives access to technical trainers who instruct the students on the latest application techniques, evolving digital technologies, and repair processes. As an automotive...
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Peerless Featured on the No. 9 Axalta Chevrolet at New Hampshire Motor Speedway July 13, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with Peerless Architectural Windows and Doors to feature Peerless as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet driven by William Byron at New Hampshire Motor Speedway Saturday, July 15, 2017 . Byron has captured race fans’ attention with two wins so far this season in the NASCAR ® Xfinity Series (NXS). His first win was at Iowa Speedway , followed by a win in Daytona , which makes him the youngest NXS winner at each track. Peerless is an architectural aluminum window and door manufacturer focused on best-in-class architectural configurations and products. Peerless strives to provide products with maximum energy efficiency and superior air, water and acoustical performance that evolve to meet the custom needs of the architectural community. Its ENERGSAVE window series utilizes the most advanced technology to provide the lowest U-values, a...
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Axalta Offers Car Manufacturers Insights into Electrocoat Developments During SURCAR Event in Cannes, France July 13, 2017
Dr. Herman Yee , the Global Manager of Technology for Electrocoat at Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, gave representatives from car manufacturers insight into new electrocoat technology innovations at the 29 th International Conference on Automotive Body Finishing (SURCAR). The event, which brings together a global audience of influential members in the automobile industry and associated paint industry experts, was held in Cannes, France from June 29 to 30, 2017 . This year’s topics centered on current and future technology changes, market trends, what’s new in Smart Factory /Industry 4.0 developments, and strategic industry issues. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170713005632/en/ Dr. Herman Yee , Global Manager of Technology for Electrocoat at Axalta Coating Systems (Photo: Axalta) Speaking on the first day of SURCAR, Dr. Yee’s presentation –...
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Axalta Supports German Student Racing Team’s World Solar Challenge Entry July 12, 2017
In an official ceremony on July 5, 2017 , the SolarCar Team, made up of students from Bochum University of Applied Sciences , Germany , unveiled the design of their entry for the 2017 Bridgestone World Solar Challenge - the thyssenkrupp blue.cruiser - which takes place in Australia from October 8 to 15, 2017 . The solar car was painted by Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, at its Cromax Training Centre in Bonn, Germany . The thyssenkrupp blue.cruiser is the culmination of a 15-year research and development process. This year, the Team comprises 58 students from mechanical and electrical engineering, mechatronics, IT, sustainable development, architecture, economics, humanities, e-mobility and many other fields. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170712005849/en/ Axalta Supports German Student Racing Team’s World Solar Challenge Entry (Photo: Axalta)...
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Axalta-Huajia Coatings recognized as 2016 Most Influential Powder Coatings Brand in China July 11, 2017
Axalta-Huajia Coatings, a joint-venture company of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has won the title of 2016 Most Influential Powder Coatings Brand at the recently held 2017 China Coatings Brand Summit which was organized by hc360.com, one of China’s highly regarded B2B e-commerce platforms. The judging process for the summit, now in its 11th year, began in March. Industry peers, including distributors, buyers, and customers evaluated powder coating brands before a judging panel comprised of industry experts selected the winners. As one of ten award winners in the category, Axalta-Huajia Coatings was recognized not only for providing excellent service, but also for its exceptional powder coating brands Nap-Gard® and Alesta®. “We are grateful for this prestigious recognition of our commitment to innovation as well as our customer-oriented approach,” said Gary Cao , General Manager of Axalta-Huajia Coatings. “Our coating...
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Axalta Introduces Latest Addition to Internal Pipe Coating Line July 10, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce the latest addition to its high-temperature, corrosion resistant internal pipe coatings with the release of Nap-Gard ® 7-0016, a thermosetting epoxy powder that is designed to provide excellent chemical resistance in temperatures up to 150 o C (302 o F). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170710005763/en/ Axalta's new Nap-Gard 7-0016, is a thermosetting epoxy powder that is designed to provide excellent chemical resistance in temperatures up to 302 degrees Fahrenheit. (Photo: Axalta) “Axalta is excited to bring another innovative product to its internal pipe coating line,” said Meghan Hodge, Axalta Global Product Marketing Manager, Functional Coatings. “Nap-Gard 7-0016 is a good option for customers who need corrosion protection in severe downhole environments.” The environments explored by...
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Axalta Coating Systems’ Three Premium Refinish Brands Approved For Use by Volkswagen Group Italia S.p.A. July 10, 2017
Cromax, Spies Hecker and Standox approved for use in Italian dealer network Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has recently signed a new, three-year commercial agreement with Volkswagen Group Italia S.p.A. Under the terms of the contract, the distinctive waterborne technologies and high performance refinish products of Axalta’s three premium refinish brands, Cromax ® , Spies Hecker ® and Standox ® , are approved for use in Volkswagen Group Italia’s Service Partner network for Volkswagen , Audi , ŠKODA, SEAT and Volkswagen Light Commercial Vehicles. Axalta will also provide additional services through its refinish brands, ranging from color management to technical advice and consultancy. “Axalta has a global contract with the Volkswagen Group in place, but we are delighted that the Volkswagen Group Italia has demonstrated its confidence in our premium brands’ refinish products and services by granting us separate approval at...
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Mansea Metal Featured on the No. 9 Axalta Chevrolet at Kentucky Speedway July 6, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with Mansea Metal to feature Mansea as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet driven by William Byron at Kentucky Speedway on Friday, July 7 , 2017. Byron captured his second consecutive win in the NASCAR Xfinity Series last weekend in Daytona , after claiming his first career victory one week earlier in Iowa . The sponsorship opportunity coincides with Mansea’s 10-year anniversary. Established in 2007, the company provides high-quality metal roofing and siding solutions for residential, commercial, agricultural, and equestrian customers. Mansea began with a mission to demonstrate the advantages of choosing metal over asphalt to provide customers with lasting, durable roofing solutions. Years later, with the addition of a second location, a post frame building line, and much more, Mansea Metal has become a trusted partner to the communities in...
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Axalta Paints China’s New Bullet Train Model Fuxing July 5, 2017
Axalta coats new generation CR400AF bullet trains with durable coatings that support longer service lifespan Axalta Coating Systems (NYSE: AXTA), a leading global liquid and powder coatings supplier, coats China's new Fuxing model bullet train in collaboration with CRRC Qingdao Sifang Co., Ltd. A CR400AF model with Axalta’s bright red Imron™ coatings along its beltlines departed from Beijing South Railway Station to Shanghai on June 27, welcoming a milestone in China’s high-speed railway system. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170705005586/en/ Axalta’s Imron dazzles on China’s new super high-speed Fuxing bullet train between Shanghai and Beijing. (Photo: Axalta) As China’s next generation high speed trian, the Fuxing, which means “rejuvenation” in Chinese, is designed to cruise at 350 kilometers per hour and reach a maximum of 400 km/h, which doubles the speed of its predecessor Hexie train. The Fuxing...
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ALUCOIL and Axalta Coating Systems: Celebrating 20 Years of Technology and Success June 29, 2017
This year marks the 20 th anniversary of collaboration between Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, and ALUCOIL, a multinational manufacturer of high-tech aluminum materials for the building and construction industry based in Spain . Axalta developed a customized version of its Alesta ® powder coating for ALUCOIL that would not only produce the best possible results, but also would enable ALUCOIL to attain high-speed cycle times. The result was Alesta Speed powder coating. To celebrate the two-decade-long partnership, the companies are launching a new collection of metallic powder finishes, called the Pure Metal Collection, for aluminum sheets. The range marks an important development for architects, designers and specifiers as, until now, it has been difficult to match metallic colors of standard architectural polyester powder coatings used on aluminum profiles to metallic colors used on aluminum sheet or panels. This has...
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Vorteq Coil Finishers Featured on the No. 9 Axalta Chevrolet at Daytona International Speedway June 28, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has partnered with Vorteq Coil Finishers to feature Vorteq as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet race car driven by William Byron at Daytona International Speedway on Friday, June 30, 2017 . Byron captured his first win in the NASCAR Xfinity Series last weekend in Iowa in the No. 9 Axalta Chevrolet. Vorteq Coil Finishers, formerly Wismarq Industries, has rebranded around the core values of strength and momentum. The name change, along with Vorteq’s new web-based customer portal, QUEST is the culmination of a comprehensive initiative to create a differentiated and personalized customer service model to further augment the company’s premium quality standards, and to enhance brand recognition of the company as an industry leader for specialized coil coatings. Part of the company’s recent growth includes the October, 2016 acquisition of Allentown,...
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Axalta Exhibits Wood Coating Portfolio at AWFS Fair in Las Vegas June 28, 2017
NASCAR Champion Dale Earnhardt Jr. Will Greet Attendees and Sign Autographs Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit its recently acquired wood coatings products and services at the Association of Woodworking & Furnishings Suppliers (AWFS) Fair in Las Vegas from July 19 to 22, 2017. NASCAR® champion Dale Earnhardt Jr. will make a special appearance at Axalta’s Booth 9800 in Hall C3 of the Las Vegas Convention Center on July 19 from 1:30 – 3:30 p.m. Axalta acquired the North American industrial wood coatings business from Valspar in a transaction that closed on June 1. Axalta will present the newest additions to its wood coatings portfolio, including its reformulated Zenith ® waterborne finish. The Zenith waterborne line of products incorporate revolutionary coatings technology to match the durability and performance of traditional solvent-based products, but with low odor, VOC-compliant solutions. The company will...
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Axalta Coating Systems Discusses New Trends In Consolidated Paint Processes at DFO European Automotive Conference in Germany June 27, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, presented the opening address at the 24 th annual DFO European Automotive Coating conference, held recently in Braunschweig, Germany , for automotive and paint industry experts. Sven Radek , Application Technology Manager, for Axalta’s Europe , Middle East and Africa (EMEA) region, described the company’s selection of Harmonized Coating Technologies ™, a line of coating application processes integrating primers, basecoats and clear coats that can cut processing costs, save on material, and reduce environmental footprint for light vehicle car original equipment manufacturers (OEMs). Titled Less is More, Radek’s presentation drew attention to the benefits of Axalta’s 3-Wet™, 2-Wet™ Monocoat and Eco-Concept™ Harmonized Coating TechnologiesTM for light vehicle OEM paint lines that can remove oven bake steps or combine layers. The conventional process, used for waterborne paints, requires the...
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Axalta-Huajia Coats Thermos Containers with Rich Colors of Sustainable Alesta Powder Coatings June 26, 2017
Axalta-Huajia Coatings, a joint-venture company of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has provided its environmentally responsible Alesta ® powder coatings to Thermos, a worldwide manufacturer of insulated food and beverage containers, children’s lunch kits and other innovative consumer products. Applied to the exterior of Thermos food and beverage containers, Alesta coatings are designed to meet food safety requirements, while delivering brilliant color, high durability, and UV and chemical resistance. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170626005083/en/ Thermos containers coated with Axalta's sustainable Alesta® powder coatings (Photo: Axalta) Since 2016, Axalta has collaborated with Thermos on its R&D and product innovation to develop customized powder coating solutions that will replace solventborne coatings and help the company to achieve its...
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Axalta Coating Systems Celebrates Investment in First Manufacturing Facility in Argentina June 26, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, celebrated its first production and logistics center in Argentina in the municipality of Escobar (province of Buenos Aires ). Axalta Chairman and CEO Charlie Shaver met with employees and toured the new facility where initial production began in January 2017 and will continue to expand to provide a full range of next-generation coatings for the automotive manufacturing, refinish, and industrial markets. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170626005850/en/ Axalta Chairman and CEO Charlie Shaver joins employees at celebration of new coatings production center in Escobar, Province of Buenos Aires, Argentina (Photo: Axalta) Covering 27,000 square meters, the plant has the capacity to manufacture Axalta’s products, and will also house a laboratory, storage and distribution center, and administrative offices for customer...
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Axalta Supports Sustainability at Road Rally for Fresh Water June 23, 2017
As part of the company’s commitment to sustainability, Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was the official presenting sponsor of the recent Stroud Water Research Center’s Rally for Fresh Water, a road rally which led participants, including many Axalta employees, around southeastern Pennsylvania to raise awareness and increase understanding of the important natural water resources of the area. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170623005549/en/ Drivers of modern and classic cars took in idyllic southeastern Pennsylvania scenery, including Lancaster County covered bridges and the Hawk Point Overlook of the Susquehanna River at Susquehannock State Park . (Photo: Axalta) Participants experienced a day filled with brilliant sights and sounds as the rally included some spectacular vehicles including Porsches, a Morgan, and the official Axalta Pace Car - a...
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Axalta Showcases Energy Solutions Coatings at EASA Convention June 23, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit at the Electrical Apparatus Service Association, Inc. (EASA) Convention at the Tampa Convention Center in Tampa, Florida on June 26-28, 2017 . Attendees may visit Axalta’s booth #948 to speak with coatings experts about the company’s extensive portfolio of electrical insulation materials and coatings including its highly regarded Voltatex ® line of products. The EASA is an international trade organization that provides members with a means of keeping up to date on electromechanical materials, equipment, and state-of-the-art technology. Axalta will showcase its Energy Solutions products, which have a proven track record with major manufacturers of electrical equipment across all segments, including energy generation, transformation and distribution, industrial motors, household appliances and power tools, automotive components, and electrical motors for the power-train of electric...
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Axalta’s Cromax Pro Waterborne Coatings Support Tianjin’s Sustainable Auto Repair Program June 22, 2017
Coatings leader provides waterborne coatings training to enable China’s automotive refinish industry to be more efficient and environmentally responsible Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently announced collaboration with the Tianjin Vehicle Maintenance Administrative Office to offer advanced, technical education on waterborne coating technology to more than 60 Tianjin automotive service companies. Technicians received training on the benefits of waterborne coatings and learned to improve their application skills using Cromax® Pro waterborne refinish products, Axalta’s premium refinish brand which is highly regarded for its sustainable attributes. Axalta’s participation contributes to the success of the “Tianjin Blue Sky project”, a local, government-led sustainable auto repair program. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170622005966/en/ Axalta...
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Punch Powertrain Solar Team Unveils Its Entry For Bridgestone World Solar Challenge June 22, 2017
Punch 2 sports Axalta’s Cromax refinish paint system The Punch Powertrain Solar Team, comprised of engineering students from the University of Leuven in Belgium, unveiled its entry for the Bridgestone World Solar Challenge, which will take place in Australia from October 8 to 15, 2017. The car - Punch 2 - was presented at an official ceremony for the press on June 21, 2017. The event revealed the new-look paintwork in white, blue and green, all of which were specially developed for the team by Cromax®, one of the three premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings. The waterborne formulation and highly productive Cromax refinish system is aligned with the sustainability agenda behind the annual solar powered race. The livery includes the team’s new mascot - a boxing kangaroo. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170622005705/en/ The...
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Windsor Windows & Doors featured on the No. 9 Axalta Chevrolet at Iowa Speedway June 21, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will partner with Windsor Windows & Doors, a Woodgrain Millwork Company , to feature Windsor as the primary sponsor on the hood of JR Motorsports’ No. 9 Axalta Chevrolet race car driven by William Byron at Iowa Speedway on Saturday, June 24, 2017 . Windsor, a leading brand of residential windows and patio doors, has built a reputation of quality and value among architects, builders, contractors, and homeowners. The Woodgrain Millwork Company recently announced plans to build a new, state-of-the-art manufacturing facility in Norwalk, Iowa. The 160,000 square-foot facility will house the production of windows and patio doors. Construction will begin in July 2017. “Windsor exemplifies commitment to growth and innovation while maintaining exceptional quality,” said Michael Cash , Axalta Senior Vice President and President of Industrial Coatings. “Axalta is proud to partner with such a winning...
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New Architectural Grade Alesta Colors Join the Axalta Powder Coating Family June 20, 2017
Alesta AR400 Silver and AR400 Bone White Pearl Provide UV and Corrosion Resistance to Protect and Beautify Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, expanded its powder coating architectural-grade, Alesta® AR400 color palette with two new colors. This addition to the Alesta line offers powder coaters and their customers more premium color options that combine excellent color preservation and quality weatherability. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170620006117/en/ Axalta expands its architectural offering with two new exciting AR400 colors. (Photo: Axalta) “We are very excited about debuting our new Alesta AR400 Axalta Silver and AR400 Bone White Pearl colors,” explained Craig Dietz , Axalta Product Manager. “Adding these beautiful coatings to our Alesta AR400 collection demonstrates our commitment to expanding our color offerings while maintaining...
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Axalta Launches New Activator for Corlar 2.1 PR-P Epoxy Primer for its General Industrial Market June 19, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce an expansion to its Corlar ® 2.1 PR-P Epoxy Primer line with the introduction of FG-042 High Build Activator. Ideal for general industrial, construction, fabrication and oil and gas markets, the new activator gives users additional flexibility to achieve higher film builds per coat for extra corrosion protection. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170619006185/en/ Ideal for general industrial, construction, fabrication and oil and gas markets, the new activator gives users additional flexibility to achieve higher film builds per coat for extra corrosion protection. (Graphic: Axalta) “Axalta is excited to bring the new FG-042 activator to our fast growing Corlar® 2.1 PR-P Epoxy Primer product line,” said Ross Morgan, Axalta Product Manager. “Customers have asked for this additional capability...
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Axalta Introduces Imron Elite 8831S Clearcoat for the Commercial Transportation Market June 16, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce Imron ® Elite 8831S Low Volatile Organic Compound (VOC) Productive Clearcoat for the commercial transportation market. 8831S is a two-component, low HAPs polyurethane clearcoat recommended for customers with force dry capabilities and is designed for use on panel repairs and overall applications. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170616005673/en/ Axalta introduces Imron Elite 8831S Clearcoat for use on heavy-duty trucks, transit buses & other commercial vehicles. (Photo: Axalta) Imron Elite 8831S is formulated to provide additional productivity and handling and for application over both Imron basecoats and single stage topcoats. Available in a 2.1 lbs/gal format, Imron 8831S delivers premium appearance and excellent chemical resistance. “Axalta’s Imron Elite 8831S clearcoat is an...
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Axalta hosts Campus Talk for five top China universities at newly opened Asia-Pacific Technology Center June 16, 2017
Sponsors China university racing champion team while reinforcing the importance of innovation Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today hosted its annual Campus Talk entitled Technology Drives A Brighter Future for Us at its new Asia Pacific Technology Center (APTC) which was formally opened earlier in the day. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170616005550/en/ Axalta hosts Campus Talk for five top China universities at newly opened Asia-Pacific Technology Center (Photo: Axalta) Aligned with Axalta’s global STEM (Science, Technology, Engineering and Mathematics) education program and as part of China’s Sustainable Education Program, Campus Talk is an annual program for universities in China to create awareness, and educate local academic communities on technology and industry trends related to coatings. Although the company has conducted previous...
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Axalta Opens Asia-Pacific Technology Center in China June 15, 2017
Next generation facility contributes to Axalta's global technology and innovation and serves local customers in China and Asia-Pacific Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today formally opened its newest investment in innovation, the Asia-Pacific Technology Center (APTC), in the Minhang District of Shanghai. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170615006199/en/ Axalta's Asia-Pacific Technology Center opens in Shanghai. (Photo: Axalta) With a total of 15,500 square meters of space, the APTC expands resources available to Axalta’s global organization of more than 1,300 scientists, engineers, and staff engaged in R&D. With an employee base of 300 today and capacity for more than 500, the center joins Axalta’s worldwide network of four global technology centers and more than 30 country laboratories. Other regionally focused technology centers are in Mt....
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Axalta Coating Systems Introduces Voltalube - New Wire Enamel Brand June 15, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has announced the launch of Voltalube TM , a new line of lubricants. Voltalube is designed to ensure excellent wire winding in electric motors, generators and transformers, and to reduce the risk of wire breaks during the production process. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170615005725/en/ Axalta launches Voltalube - wax and paraffin lubricants that improve copper and aluminum wire winding in electric motors and generators (Photo: Axalta) The Voltalube line is available in various blends and mixes of waxes and paraffins that can be adjusted specifically for customer requirements. It is designed to improve the winding characteristics of copper and aluminum wires of 0.01mm to 1.00mm diameter during the coil winding process, as well as to increase wire processing speeds. The new lubricants can be applied to wires...
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Axalta's Dura Coat Products to Launch Durapon 70HS PVDF Spray for Aluminum Extrusion Industry June 14, 2017
Dura Coat, an Axalta Coating Systems (NYSE: AXTA) company, announces its launch of Durapon 70 TM HS-PVDF spray technology, which is designed for the aluminum extrusion industry. Available in a variety of colors including metallic and exotic finishes, Durapon 70 is recommended for architectural and industrial applications such as windows, curtain walls, railings, trims, and fascia. Based on a unique proprietary resin system that incorporates 70 percent polyvinylidine fluoride, Durapon 70 HS is formulated as a premium finish to deliver superior protection from acid rain and corrosive environments. Its improved rheology delivers a smooth finish and higher volume solids to provide dirt and stain resistance. “We are excited to officially introduce Durapon 70 HS to our customer base,” said Dan Knight , Vice President and General Manager for Dura Coat Products. “This innovative product features little solvent reduction for spray applications to reduce applied costs by 25 percent and...
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Axalta Enjoying View from the Front as Associate Sponsor of Ford Chip Ganassi Racing June 14, 2017
For decades, Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has supplied the Ford Motor Company , a global company based in Dearborn, Michigan , with coatings solutions and expertise. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170614005868/en/ The Ford GT race cars feature Axalta’s iconic logo as they compete in both the full-season International Motor Sports Association (IMSA) WeatherTech SportsCar Championship and the FIA World Endurance Championship (WEC) series. Photo credit: Ford/ Drew Gibson . In 2017, the relationship has taken another step forward, as Axalta has become an Official Associate Sponsor of Ford Chip Ganassi Racing. Under the new agreement, the Ford GT race cars feature Axalta’s iconic logo as they compete in both the full-season International Motor Sports Association (IMSA) WeatherTech SportsCar Championship and the FIA World Endurance Championship...
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Axalta Coating Systems Wins Honda Supplier Award in Brazil June 13, 2017
Recognized for meeting every delivery deadline throughout 2016 Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently received Honda Brazil’s 2016 Best Supplier award in the “Excellence in Delivery” category, which recognizes suppliers who meet every deadline throughout the year. The award not only reflects Axalta’s dedication to on-time delivery, but also aligns with one of its key company values of putting customers first. “It is truly an honor to receive this award from Honda . Axalta values our partnership with Honda and the award reinforces our commitment and perpetual drive to meet the needs and exceed expectations of all our customers,” explains Mateus Aquino , Axalta Vice President and President, Brazil . Honda Brazil’s annual supplier award recognizes top-performing suppliers based on a number of criteria including quality, delivery, costs, development and environmental responsibility. In addition to Axalta, 32 other companies...
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Iconic 1958 Chevrolet Impala from the Film “American Graffiti” Hits the Road with Axalta this Summer June 13, 2017
Axalta’s Exhibit Space Features the Restored Classic at Popular US Automotive Shows Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, partners with three-time NASCAR® Cup champion crew chief and 2018 NASCAR Hall of Fame inductee, Ray Evernham to display the beloved 1958 Chevrolet Impala from the movie, American Graffiti at select automotive shows this summer. The Impala is featured in Axalta’s exhibit space during the NHRA Hot Rod Reunion in Bowling Green, Kentucky on June 15-17, Goodguys Columbus in Columbus, Ohio on July 7-9, and NSRA Nationals in Louisville, Kentucky on August 3-6, 2017. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170613006049/en/ Axalta will feature the American Graffiti 1958 Chevrolet Impala at NHRA Hot Rod Reunion in Bowling Green, Kentucky on June 15-17, Goodguys Columbus in Columbus, Ohio on July 7-9, and NSRA Nationals in Louisville, Kentucky on...
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Axalta Coating Systems To Introduce New Powerful Mini Spectrophotometer To The European Refinish Market June 13, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has launched highly innovative, next -generation spectrophotometers for each of its three premium refinish brands – Cromax ® , Spies Hecker ® and Standox ® – across the company’s Europe , Middle East and Africa (EMEA) region. A market-by-market phased introduction in the region will give Axalta’s customers access to an extremely powerful, Wi-Fi enabled digital color measurement device that allows for faster and more accurate readings of both the paint color and the effect in one simple step. The new spectrophotometers have been designed to work seamlessly with Axalta’s cloud-based color retrieval and product management software. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170613005988/en/ Axalta introduces next-generation, innovative and smaller spectrophotometers for Cromax, Spies Hecker and Standox in EMEA. (Photo: Axalta)...
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Axalta Coating Systems Exhibits Energy Solutions Products at CWIEME in Berlin, Germany June 12, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit its Energy Solutions products and services at the Coil Winding Expo (CWIEME) in Berlin, Germany , from June 20 to 22, 2017 in Hall 3.2 on Stand A19. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170612005821/en/ Axalta will present the newest additions to its Energy Solutions portfolio at CWIEME in Berlin, Germany , from June 20 to 22, 2017 (Graphic: Business Wire) Axalta will present the newest additions to its Energy Solutions portfolio, which are designed to provide insulation and corrosion protection for electrical conductors and components. The company will also introduce its new brand, VoltalubeTM, a new line of premium-blend wax lubricants designed to ensure excellent winding of copper and aluminum wires in electric motors, generators and transformers, and to reduce the risk of wire breaks during the...
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Rousseau Metal Inc. Featured on the No. 9 Axalta Chevrolet at Pocono Raceway June 8, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, partnered with Rousseau Metal Inc. for the No. 9 Axalta Chevrolet paint scheme. Rousseau will be the primary sponsor featured on the hood of JR Motorsports’ No. 9 car driven by William Byron at Pocono Raceway on Saturday, June 10, 2017 . One of the largest work center, tool box, and shelving system manufacturers in the world, Rousseau has revolutionized the storage solutions industry. For more than 65 years, Rousseau’s well-earned reputation has been built on a philosophy of superior quality, reliability, and service. Rousseau's work centers offer versatile solutions for the market through a complete, distinctive, and personalized approach. “We are not a one-size fits all company. That’s why those who try Rousseau, stay with Rousseau,” said Charles-Alexandre Pare , VP of Sales and Marketing of Rousseau. “Both Axalta and Rousseau pride themselves on their innovative technologies, which are key...
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Axalta Coating Systems and Springer Release Handbook, Protective Coatings: Film Formation and Properties June 8, 2017
Book will deepen understanding of coatings, including film formation, property development and product performance Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, in collaboration with Springer, a Division of SpringerNature, has published Protective Coatings: Film Formation and Properties. The book focuses on the fundamentals of film formation in organic coatings, the characterization methods used to study the film formation process, and the relationship with final coating properties. “Coatings play an important role in our daily lives - they beautify and protect a multitude of surfaces – and their development requires an enormous depth and breadth of technical expertise,” says Dr. Barry Snyder , Axalta Senior Vice President and Chief Technology Officer. “From graduate students and early career professionals, to experienced scientists, technical experts, and engineers, we trust this book will be useful for broadening the understanding...
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Axalta’s Mount Clemens Facility Earns First Supplier Sustainability Award from Honda June 7, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was one of 55 suppliers recently honored by Honda North America for achievements in providing sustainable parts and materials. At the 33rd annual Honda Supplier Conference in Birmingham, Alabama , Honda recognized Axalta for the “exceptional commitment to social responsibility” demonstrated at the company’s Mount Clemens, Michigan , manufacturing and R&D facility. The award evaluates programs devoted to sustaining the environment, health and safety, human rights, and compliance and ethics, among other criteria. The award was previously known as the Honda Corporate Citizenship Award. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170607006090/en/ From left to right: Axalta’s Patrick Altman and Jon Passmore ; Rick Schostek , Executive Vice President, Honda North America, Inc. ; and Axalta’s Michael Magdich and Virginia...
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Axalta Coating Systems Completes Acquisition of Spencer Coatings Group June 6, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has completed its previously announced acquisition of the Spencer Coatings Group , a leading manufacturer of high performance industrial coatings for heavy-duty equipment, general industrial, oil and gas, and glass coatings segments. Manufactured in facilities in the U.K., Spencer’s line of industrial products will join Axalta’s portfolio of Performance Coatings for industrial customers. With a shared commitment to customers and strong foundation in product innovation, Axalta will utilize Spencer’s products and people to serve existing customers in the U.K. and expand into new geographies. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings...
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Axalta Coating Systems Completes Acquisition of Valspar’s North American Industrial Wood Coatings Business June 1, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has completed its previously announced acquisition of The Valspar Corporation’s (NYSE: VAL) North American Industrial Wood Coatings business. Valspar divested the business in connection with the antitrust approval of its acquisition by The Sherwin-Williams Company . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170601006246/en/ The purchase price for the transaction is $420 million , subject to certain adjustments set forth in the Asset Purchase Agreement. The acquired business had net sales of approximately $225 million in 2016. Axalta expects the transaction to be accretive to earnings in the first full year, but less accretive to near-term results including the anticipated integration costs to be incurred largely in 2017. The North American Industrial Wood Coatings business is one of the leading providers of coatings for...
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Axalta Coating Systems Cycles 1,000kms in Belgium for Cancer Charity June 1, 2017
For the seventh consecutive year, Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has taken part in a 1,000km bike ride to raise money for Kom op tegen Kanker (KOTK), a leading Belgian cancer charity. From May 25 to 28, 2017 , three teams from Axalta cycled 250 kilometres on each of the four days, with all of the routes ending in Mechelen, Belgium , where Axalta’s Belgian office and production site is located. Axalta’s participation reflects the company’s strong commitment to its corporate social responsibility initiatives. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170601005360/en/ Three teams from Axalta took part in a 1,000km bike ride to raise money for a leading Belgian cancer charity last weekend (Photo: Axalta) Axalta employees from Belgium raised 15,000 Euros for KOTK through a range of fundraising activities including selling flowers and home-made goods such as...
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Independent Slovakian Car Manufacturer, Brutal, Uses Axalta’s Premium Refinish Brand Spies Hecker on its S1 Prototype May 31, 2017
Spies Hecker ® , one of the premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has been selected as the paint provider for the prototype of the Brutal S1, a Slovakian road-legal, tuned-for-performance super sports car. The project was realized with the support of Color Centrum Vráble s.r.o., Spies Hecker’s Slovak distributor, and reflects Axalta’s strong product innovation as well as its long, established relationships with light vehicle car manufacturers of all sizes. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170531005905/en/ Independent Slovakian car maker's Brutal S1 super sports car is painted with Axalta’s Spies Hecker paint (Photo: Axalta) Ten years in the making, the Brutal S1 has a wedge-shaped body with sharply defined edges, gull-wing doors and a distinctive rear. The light two-seater is powered by a 300hp two-litre turbocharged Subaru...
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Axalta Launches Corlar 3.5 PR and Corlar 3.0 PR High Solids Epoxy Primers for Agriculture, Construction and Earth Moving Equipment Markets May 26, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce two new high solid epoxy primers to its agriculture, construction and earth moving equipment (ACE) markets. Corlar ® 3.5 PR TM and Corlar ® 3.0 PR TM are two-component, VOC conforming, low HAPs productive primers recommended for use over properly prepared substrates and most aged to hard cured coatings. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170526005424/en/ Corlar 3.5 PR and 3.0 PR high solid epoxy primers are formulated to be highly durable with very fast dry times to deliver excellent corrosion and chemical resistance for most coating types. (Photo: Axalta) Both primers are formulated to be highly durable with very fast dry times to deliver excellent corrosion and chemical resistance for most coating types. Both products are designed for two different types of corrosion testing. Corlar® 3.5 is...
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Axalta Coating Systems Exhibits ICONICA Powder Coatings Collection at Vision 2017 in London, England May 25, 2017
An architectural installation allows visitors to explore new Alesta Super Durable powder coatings Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will present its recently-launched ICONICA collection of Alesta® Super Durable architectural powder coatings for metal substrates at Vision 2017, at Olympia, London, on June 6 and 7, 2017. Considered the UK’s premier summit for the built environment, the event will enable visitors to explore Axalta’s stand 156, which includes a specially-commissioned architectural installation featuring the new colors. The manual rotation of the piece reveals the subtleties of ICONICA’s color palette. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170525005666/en/ Axalta’s stand 156 at Vision 2017 will include a specially-commissioned architectural installation featuring the new ICONICA colors. (Photo: Axalta) ICONICA comprises 40 colors across...
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Axalta Coating Systems Adds Resources to Asturias, Spain, Offices May 23, 2017
Facility is a Global Services Center Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced the growth of its Global Services Center in Asturias, Spain. The company welcomed new employees already selected as part of a talent acquisition drive in cooperation with the University of Oviedo that began in March 2017 to bring additional resources to Axalta. The number of employees at the location may continue to increase in line with the growing needs of the company’s finance, human resources, procurement, information technology and logistics activities housed at the Global Services Center. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170523006046/en/ Joe McDougall, Axalta SVP, Global Branding, Corporate Affairs, & Chief Human Resources Officer (fifth from right) and Lynne Sprinkle Axalta VP Corporate Human Resources & Total Rewards (third from right) with students at...
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Axalta Coating Systems to Acquire the Spencer Coatings Group May 22, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today that it has entered an agreement to acquire the Spencer Coatings Group , a leading manufacturer of high performance industrial coatings for heavy-duty equipment, general industrial, oil and gas, and glass coatings segments. Financial terms of the transaction were not disclosed. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170522005145/en/ Front row: Phil Buck , Spencer Coatings Group Managing Director (third from left) and Michael Cash , Axalta SVP and President, Industrial Coatings (fourth from left) with other Spencer Coatings Group shareholders, Axalta executives, and guests. (Photo: Axalta) The Spencer Coatings Group, established in 1909, is the largest independent industrial coatings manufacturer in the UK. Spencer’s decades of success are attributed to their high quality, durable products, with a...
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Axalta Presents Its Color and Process Optimization Expertise at Automotive Engineering Expo 2017 in Germany May 19, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit at the Automotive Engineering Expo (AEE) 2017 in Nuremberg, Germany , on May 30 and 31, 2017. The trade fair focuses on the car body process chain, from concept through final assembly. Axalta will be located at stand 404 in Hall 12. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170519005370/en/ A page from Axalta's 2016 Global Automotive Color Popularity Report which helps automakers understand color trends and car buyer color preferences. (Graphic: Axalta) In keeping with its exhibition theme, Your World. Our Color. Built for Performance., Axalta will emphasize its supplier-of-choice qualities by presenting its Harmonized Coating TechnologiesTM process optimization. This approach provides light vehicle OEMs with coating formulations and application systems designed to increase productivity, save energy, and...
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Axalta’s Industrial Color Matching App Wins American Marketing Association Award May 18, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has received the Crystal Award for its Axalta AXS color matching app. The award ceremony was held on May 11 at the Bayou City Event Center in Houston, Texas and hosted by the American Marketing Association (AMA). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170518005882/en/ The AMA Crystal Awards Ceremony was held on May 11 at the Bayou City Event Center in Houston, Texas . (Photo: Axalta) Annually, the AMA takes submissions and follows rigorous judging criteria before selecting winners in categories ranging from print and radio spots to website design, social media advertising and more. The awards gala is the largest marketing event in Houston with more than 650 marketing professionals from almost every industry in attendance. “We are very excited to be recognized for Axalta’s commitment to technology and development. Being...
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Axalta Customer Experience Center Opens to Praise from United States Senators, Congressmen and Local Officials May 17, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, held the grand opening of its Customer Experience Center on May 16, 2017 in Concord, North Carolina . Charlie Shaver , Axalta Chairman and Chief Executive Officer and Michael Carr , Axalta President- North America officiated the opening program with special guests Jeff Gordon , four-time NASCAR ® Cup Series champion, and Rick Hendrick , owner of 12-time Cup champion Hendrick Motorsports . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170517005926/en/ The Customer Experience Center is a 36,000 square feet training and conference complex designed to serve Axalta's refinish, transportation OEM, and industrial customers. (Photo: Axalta) The Customer Experience Center is a 36,000 square feet training and conference complex designed to serve Axalta’s refinish, transportation OEM, and industrial customers. The Customer Experience...
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Two Axalta Coating Systems Global Refinish Brands Re-approved By Major Car Manufacturer for 2017 May 17, 2017
Re-approval granted for Spies Hecker and Standox refinish paint systems BMW Group has renewed its approval of Spies Hecker® and Standox® - two of the premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings - for the repair of BMW passenger cars. The endorsement applies to the BMW Group service network in 40 countries around the world, from Albania to the United Arab Emirates, and follows a series of rigorous tests of both brands’ paint materials to make certain they meet BMW Group’s high standards. The agreement recommends BMW Group’s dealerships and service garages use Spies Hecker and Standox refinish technologies to ensure repairs to the paintwork on BMW cars perform to the specified quality levels. To help body shops attain optimal results with the two refinish paint systems, the agreement also includes wide-ranging support and focused training from both Spies Hecker and Standox. “We offer BMW Group service...
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Axalta and WorldSkills Australia Renew Partnership to Advance Refinish Professionals May 16, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced a new two-year alliance as a Gold Partner with WorldSkills Australia, a non-profit organization focused on skills excellence in vocational, technological, and service-oriented careers in Australia . The renewal coincides with a celebration of a 10-year partnership between Axalta and WorldSkills that began in 2007. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170516006226/en/ Pictured: The 2016 WorldSkills National Competitors. As a Gold Partner to WorldSkills Australia, Axalta will support both the Regional and National Competitions through the supply of Axalta’s Standoblue® refinish products and the new generation of Sagola® spray guns. (Photo: Axalta) Axalta’s commitment to WorldSkills Australia as a Gold Partner will support both the Regional and National Competitions through the supply of Axalta’s Standoblue®...
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Applications Now Open for the 2017 PCI/Axalta Scholarship Program May 15, 2017
Axalta Coating Systems Partners with the Powder Coating Institute to Provide a Scholarship to Advance Coating Technologies Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, in collaboration with the Powder Coating Institute (PCI) is pleased to announce that nominations for the annual PCI/Axalta Scholarship are now being accepted. Offered to university students pursuing studies in fields that advance powder coating technologies, the scholarship is just one of several ways that Axalta supports science, technology, engineering, and math (STEM) education initiatives worldwide. PCI is a leading non-profit organization that promotes powder coating technology and communicates its benefits to the manufacturing, consumer and government sectors. “The Powder Coating Institute is dedicated to supporting future generations that will become the industry’s workforce,” said Trena Benson , PCI Executive Director. “The PCI Board of Directors is committed to...
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Axalta Recognizes Winner of 2016 Refinish Sustainable Star Award May 9, 2017
For Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, sustainability involves a commitment to minimize the company’s environmental footprint across its entire spectrum of business activities, from product development and manufacturing, to distribution and waste disposal. Axalta’s Sustainable Star Award program, in its inaugural year, recognizes refinish customers in North America that implement sustainable initiatives to not only benefit the bottom line, but also assist in preserving the environment. Axalta named Marshall Auto Body of Waukesha, Wisconsin the 2016 Sustainable Star Award winner. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170509006058/en/ Solar panels help power more than 50 percent of Marshall Auto Body's annual electricity needs and comprise 10,000 square feet of its roof. (Photo: Axalta) Marshall Auto Body is credited with installing energy efficient...
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Axalta’s Refinish Brand Spies Hecker Sparks Off Something Special with Mercedes-AMG Petronas Motorsport May 4, 2017
Axalta gives livery of the Mercedes-AMG F1 W08 EQ Power+ an electric new look Spies Hecker®, one of the three premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has been responsible for the paint on the high-impact, instantly-recognizable liveries of the Mercedes-AMG Petronas Motorsport Silver Arrows race cars for three years, including the Championship-winning 2016 Mercedes F1 W07 Hybrid car. The Spies Hecker Hi-TEC Performance System is used on the race cars and provides the unique formulations developed for the current color scheme. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170504005927/en/ Axalta's Spies Hecker products have been selected to paint the livery of the 2017 Mercedes-AMG F1 W08 EQ Power+ car (Photo: Axalta) Axalta’s involvement in Formula One TM - the premier global racing discipline - is a key component of Axalta’s decades-long...
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Axalta Expertise on Display at FOCUS Conference May 3, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will serve multiple roles including presenter, exhibitor, and sponsor at the Future of Coatings Under Study (FOCUS) conference at the Michigan State University Education Center in Troy, Michigan on May 4, 2017 . Matthew Boland , Axalta Vice President of Global Transportation Coatings Technology, and Jake Welland , Axalta Product Manager serve as Focus 2017 chairs and helped organize the event. The 42nd annual FOCUS event titled, From the Can to the Car: Extending Boundaries of Technology features presentations from automotive industry experts who will discuss innovative ways to utilize technology to transport the auto industry into the future. Joanne Hardy, Axalta Global Research and Development Director, will lead a panel discussion based on the conference theme with five other industry experts at 1:00 p.m. Dr. Michael Koerner, Axalta Technical Fellow, will present on the rheology (the study...
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Axalta Opens Americas Technology Center for Next Generation Coatings Development at Michigan Facility May 3, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, held the grand opening event of its Americas Technology Center (ATC) located at its Mount Clemens, Michigan manufacturing and research complex. Reflecting Axalta’s commitment to innovation and performance, the ATC will provide product research and development resources dedicated to customers across the Western Hemisphere as one of the company’s four principal global technology centers. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170503006048/en/ From left to right: Axalta’s Barry Snyder , Senior Vice President and Chief Technology Officer, Steven R. Markevich , Executive Vice President and President, Transportation Coatings and Greater China and Mike Carr , Vice President and President, North America addressed workers, media and visitors on Tuesday, May 2, 2017 at a ribbon-cutting event to open Axalta’s Americas Technology...
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Axalta and NASCAR Legends to Open New Customer Experience Center May 2, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will host a press conference and offer tours of its extensive new Customer Experience Center on May 16, 2017 from 9:00 a.m. to 12:00 p.m. Charlie Shaver , Axalta Chairman and Chief Executive Officer and Michael Carr , Axalta President-North America will officiate with scheduled special guests Jeff Gordon , four-time NASCAR ® Cup Series champion, and Rick Hendrick , owner of 12-time Cup champions Hendrick Motorsports . The Customer Experience Center is a 36,000 square feet training and conference complex designed to serve Axalta’s refinish, transportation OEM, and industrial customers. The Customer Experience Center boasts two state-of-the-art paint application centers, a collaborative mixing lab, and an exhibit lobby where visitors can witness the breadth and depth of Axalta’s coating systems and technology. The facility is located on the Hendrick Motorsports campus adjacent to some of the...
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Axalta Opens New India Headquarters to Support Future Growth May 2, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, opened its new headquarters office for India located in Gurugram within the National Capital Region (NCR) yesterday. The new location will also house an Axalta Global Business Resource Center which will provide a variety of services to the company’s operations in the region and around the world. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170502006094/en/ Sobers Sethi (Left) , Axalta Vice President and President, Emerging Markets and Robert Bryant , Executive Vice President and Chief Financial Officer of Axalta cut ribbon at new India headquarters' opening (Photo: Axalta) The 35,000 square feet facility will enable Axalta to integrate its corporate office and other key country business functions within a single office leading to improve efficiency and business process management. The opening follows Axalta’s plant expansion...
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Axalta Promotes Sustainable Innovation in Coatings Technology at Universitas Indonesia Campus Talk April 28, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently presented a campus talk at Universitas Indonesia , one of the leading universities in Indonesia . University speaking platforms provide a way for Axalta’s executives to share industry expertise with students and faculty in the science, technology, engineering and math (STEM) disciplines. Ms. Dewi Djanuwati , Managing Director of Axalta Coating Systems in Indonesia , discussed the importance of sustainability and how it has shaped the development of Axalta’s high-performance coating solutions. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170428005213/en/ Ms Djanuwati discussed the importance of sustainability and how it has shaped the development of Axalta’s high performance coating solutions at Universitas Indonesia campus talk. (Photo: Business Wire) Attended by a group of enthusiastic students and faculty members...
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Opel Grants Approval to Three Axalta Coating Systems Global Refinish Brands in Belgium and Luxembourg April 27, 2017
Commercial and technical approval for Cromax, Spies Hecker and Standox Cromax®, Spies Hecker® and Standox®, the three global premium refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, have been approved for use in all Opel dealers and bodyshops in Belgium and Luxembourg. The technical and commercial approval comes after intensive and thorough tests were conducted by the car manufacturer to ensure all three refinish systems meet Opel’s stringent requirements. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170427006050/en/ Axalta's premium refinish brands Cromax, Spies Hecker, and Standox approved by Opel in Belgium and Luxembourg (Graphic: Axalta) "In addition to the outstanding and individual refinish systems all three brands can provide, what was crucial to us was the added value that Axalta itself brings to the table. Our Opel dealers and body shops in...
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Axalta Releases First Quarter 2017 Results April 26, 2017
First Quarter 2017 Highlights: Net sales of $1,007.8 million driven by volume growth of 8.9%, which includes 4.5% acquisition contribution Net income attributable to Axalta of $64.1 million versus $30.9 million in Q1 2016; Adjusted net income attributable to Axalta of $63.1 million for Q1 2017 versus $43.0 million in Q1 2016 Adjusted EBITDA of $203.1 million versus $194.8 million in Q1 2016 Successfully completed two acquisitions; also announced the acquisition of Valspar’s North American industrial wood coatings business Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2017 . “Axalta’s financial and operating performance has started the year well on plan, with top-line growth at the high end of our expectations and continued success in our operating, productivity and acquisition initiatives,” said Charles W. Shaver, Axalta’s Chairman and Chief Executive Officer. “We are...
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Axalta to Dedicate “Americas Technology Center” for Coatings Development at Michigan Facility April 25, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will hold a grand opening event of its Americas Technology Center (ATC) May 2, 2017 , at 1 p.m. , during a ceremony inside its Mount Clemens, Michigan , manufacturing and research facility. The ATC project was an 18-month endeavor that transformed and expanded existing laboratory space and spray facilities. At the ATC, Axalta scientists, chemists and engineers will develop tailored coatings products to meet specific customer needs for Axalta’s full line of product offerings for light vehicle, commercial vehicle, refinish and industrial applications throughout the Americas. Previously, work done at the facility was exclusive to the light vehicle segment. Scheduled to take part in the ceremony from Axalta are Barry Snyder , Senior Vice President and Chief Technology Officer; Steve Markevich , Executive Vice President and President, Transportation and Greater China ; and Mike Carr , Vice...
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Axalta Introduces Next Generation Automotive Suspension Coil Spring Coatings April 21, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to introduce the next generation in coil spring coatings. Alesta ® Spring Black is a new hybrid epoxy powder coating that provides flexibility and mechanical resistance as well as superior corrosion resistance. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170421005419/en/ Axalta's Alesta® Spring Black is a new hybrid epoxy powder coating that provides flexibility and mechanical resistance as well as superior corrosion resistance. (Photo: Axalta) “Axalta is excited to bring this new coating technology to our coil spring customer base,” said Craig Dietz, Axalta Product Manager. “These products provide Axalta the opportunity to serve a market that has growing performance needs.” Complete with enhanced corrosion, impact and stone chip resistance, Spring Black is formulated to allow a vehicle’s coil suspension system to...
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Axalta Coating Systems Strengthens Global Motorsports Pedigree as Cromax Named Official Sponsor of Movistar Yamaha MotoGP Team April 20, 2017
Agreement in Italy marks eighth year of sponsorship for refinish brand Cromax® in Italy has been confirmed as an Official Sponsor of the Movistar Yamaha MotoGP team for the 2017 MotoGP World Championship, which began on March 26, 2017. This agreement marks the eighth consecutive year that Cromax, one of the premium brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has been one of the team’s partners and suppliers for a MotoGP season. It also allows Axalta to demonstrate its technology and product innovations while strengthening its commitment to motorsports - everything from NASCAR and Formula OneTM to university race car teams. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170420005973/en/ Axalta demonstrates its technology and product innovations as Cromax Italy named Official Sponsor to Movistar Yamaha MotoGP Team (Photo: Axalta) “We are delighted to extend our...
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Axalta Promotes Sustainable Innovation in Coatings Technology at Universitas Indonesia Campus Talk April 19, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently presented a campus talk at Universitas Indonesia , one of the leading universities in Indonesia . University speaking platforms provide a way for Axalta’s executives to share industry expertise with students and faculty in the science, technology, engineering and math (STEM) disciplines. Ms. Dewi Djanuwati , Managing Director of Axalta Coating Systems in Indonesia , discussed the importance of sustainability and how it has shaped the development of Axalta’s high-performance coating solutions. Attended by a group of enthusiastic students and faculty members from the Department of Metallurgy & Materials Engineering, the event was designed to build awareness about sustainability goals in the coatings industry, with a special emphasis on the reduction of volatile organic compounds (VOCs) emissions which has been linked to improved air quality. “Sustainability is central to Axalta’s...
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Axalta Coating Systems Opens Regional Auto Refinish Training Centre in Dubai April 17, 2017
Newest Axalta facility will deliver superior refinish services for the region Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has launched the first of its kind Automotive Refinish Training Centre in Dubai, United Arab Emirates. The Centre will provide expert training in the use of Axalta products that are designed for the repainting of vehicles in body shops. The opening of the next generation facility follows the October 2016 opening of Axalta’s regional office in Dubai’s Jebel Ali Free Zone Authority (JAFZA). This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170417005571/en/ (from left to right) Sobers Sethi, VP and President, Emerging Markets, Fadi Medlej, Managing Director of Middle East and North Africa, and Charlie Shaver, Chairman and CEO of Axalta Coating Systems inaugurate Axalta's Dubai Auto Refinish Training Center (Photo: Axalta) The Dubai Automotive Refinish...
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Axalta Showcases Colorful, Durable Imron Elite Coatings at ExpoCam April 12, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will showcase its premium commercial brand of Imron ® Elite polyurethane coatings for fleet vehicles, body builders and heavy duty trucks at ExpoCam held April 20-22, 2017 at Place Bonaventure in Montréal, Quebec . Axalta invites attendees to visit booth #5027 on Level 400 to speak with its coatings experts about Imron Elite products, color tools, and the superior customer service available to commercial transportation businesses. Axalta’s innovative color research scientists developed Imron Elite coatings in more than 26,000 solid, metallic and pearl color formulas. Designed to provide colorful, tough and durable performance, Imron Elite is the paint of choice for six of the seven major Class 8 truck manufacturers in North America. “Axalta’s Imron Elite products are ideal for fleet owners, operators, dealers and repair facilities who require industry-leading corrosion protection, outstanding...
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Axalta Coating Systems to Acquire Valspar's North American Industrial Wood Coatings Business April 12, 2017
Axalta Coating Systems (NYSE:AXTA), a leading global supplier of liquid and powder coatings, announced today that it has entered into a definitive agreement with The Valspar Corporation (NYSE:VAL) and The Sherwin-Williams Company (NYSE:SHW) to acquire the assets related to Valspar’s North American Industrial Wood Coatings business for $420 million in cash. Valspar is divesting the business in connection with the reviews by the Federal Trade Commission (FTC) and Canadian Competition Bureau (CCB) of the proposed acquisition of Valspar by Sherwin-Williams . The business had revenues of approximately $225 million in 2016 and is one of the leading providers of coatings for OEM and aftermarket Industrial Wood markets, including building products, cabinets, flooring and furniture in North America . Known in the market today as Valspar Wood, the business has a number of widely known and respected brands including Zenith®, Lustre Lac™ and Graintone™, among others. These products are backed by...
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Axalta Schedules First Quarter 2017 Results Conference Call April 11, 2017
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its first quarter 2017 financial results at 8:00 a.m. ET on Wednesday, April 26, 2017 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will be available online at www.axalta.com/investorcall . The U.S. dial-in phone number for the conference call is (877) 407-0784 and the international dial-in number is +1 (201) 689-8560. For those unable to participate, a replay of the call will be available through May 3, 2017 . The U.S. replay dial-in number is (844) 512-2921 and the international replay dial-in number is +1 (412) 317-6671. The replay passcode is 136 599 36. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and...
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Axalta Coating Systems and Mercedes-AMG Petronas Motorsport celebrate team win at Chinese Grand Prix April 10, 2017
Axalta’s Spies Hecker paint on the car Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, expanded its role as an Official Team Supplier to Mercedes-AMG Petronas Motorsport at the 2017 Formula OneTM Heineken Chinese Grand Prix, which took place in Shanghai on April 9, 2017 and saw Lewis Hamilton take the checkered flag. Participation in the premier global racing discipline - Formula One - through Mercedes-AMG Petronas Motorsport is a key component of Axalta’s decades-long strategic partnership with motorsports in the U.S., Europe and Latin America, which enables the company to demonstrate the technology and durability of its coatings in high endurance racing environments. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170410006061/en/ Axalta was an Official Team Supplier to Mercedes-AMG Petronas Motorsport at the 2017 Formula One(TM) Heineken Chinese Grand Prix in Shanghai...
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Axalta Coating Systems Receives Ford Certification in Brazil April 6, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently received First place certification for best performance in the Environmental Management System category among the partner companies of the Ford Northeast Industrial Complex in Brazil . Ford has recognized companies with its manufacturing certification program since 2012. In addition to Axalta, 25 different companies that operate within Ford’s Northeast Industrial Complex were evaluated in 2016. The certification, which is separated into two categories, Ford Areas and Partners Companies, considers the analysis of a monthly compliance indicator against the demands of Ford’s Environmental Management Scoring System. Among the items scored are Environmental Initiatives Implemented in the Area, Environmental Training and Participation in Ford’s Audits. To establish the ranking, a number of factors were evaluated including attendance, presence in periodic meetings, compliance with...
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Axalta Coating Systems Holds Second Round of Mobile Refinish Training Program in Argentina April 4, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, conducted the second round of Duxone on Tour , a mobile training program that brings theoretical and practical instruction to automotive refinishers across Argentina . The program delivers innovative application techniques to refinishers where they work using products from Duxone ® , Axalta’s versatile refinish brand that provides color accuracy, durability, easy preparation, and effortless application. “We are really excited to offer this training program for the second consecutive year. It’s part of our commitment to help automotive refinishers strengthen their skills, increase their performance, and stay informed of the latest trends and innovations in our products and coatings technology. In addition to providing best-in-class coatings, we want to enable our customers to grow their businesses,” said Agustín París, Axalta’s Refinish Manager in the Southern Cone. The first round of Duxone...
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Axalta Coating Systems Recognized by General Motors as a 2016 Supplier of the Year Winner April 3, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, was named a GM Supplier of the Year by General Motors during its 25th annual Supplier of the Year awards ceremony held Friday, March 31 , in Orlando, Florida . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170403006369/en/ For the third consecutive year, Axalta was named a GM Supplier of the Year by General Motors . (Photo: Axalta) GM recognized 118 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. This is the third consecutive year Axalta has received the award. “We are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM and being the OEM of choice...
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Axalta Coating Systems Features Its New Powder Trend Offering ICONICA in Milan During the 56th Annual Salone Internazionale del Mobile April 3, 2017
A commissioned architectural installation marks the launch Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has introduced a collection of colors for its Alesta ® Super Durable powder coatings. ICONICA contains 40 colors across four distinctive color palettes - Eden Garden , Energy Manifesto, Arty Fusion and Techno Precious – that are designed to protect and enhance iconic buildings around the world. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170403005871/en/ New Alesta Super Durable powder color collection, ICONICA, launched in Milan with commissioned architectural installation (Photo: Axalta) Axalta has synchronized the ICONICA launch with the 56th annual Salone Internazionale del Mobile, the world’s leading furnishing fair, in Milan, Italy, that runs from April 4 to 9, 2017. The company commissioned Meiré und Meiré Design Department from Cologne, Germany, to create an...
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Axalta Welcomes Elizabeth Lempres to Board of Directors April 3, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is pleased to announce that Elizabeth Cahill Lempres has joined the company’s Board of Directors. She will serve on the Environment, Health, Safety & Sustainability Committee. Ms. Lempres is a Senior Partner at McKinsey & Company , a leading management consulting firm, where she also serves as a member of the firm’s Board of Directors, leads its Global Private Equity and Principal Investing Practice, and serves on the Board of Directors of the McKinsey Investment Office. Ms. Lempres has announced her retirement from McKinsey effective August 2017 . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170403005217/en/ Axalta welcomes Elizabeth Lempres to Board of Directors (Photo: Axalta) “Liz’s global experience across a wide range of industrial and consumer sectors will bring exceptional insights to the Board,” explained...
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Axalta to Promote Architectural Coatings Advancements at Facades+ New York March 31, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to exhibit at and sponsor the Facades+ conference presented by The Architect’s Newspaper in New York City from April 6-7 . Facades+ provides a forum for inspiration, learning and collaboration for architects, engineers, consultants and designers in the industry. Axalta will display Durapon 70™ liquid coatings as well as its extensive line of Alesta ® architectural powder coatings, which includes the next generation, hyper durable AR500 series of fluoropolymer powder coatings. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170331005575/en/ From left to right: Mike Withers , Architectural Segment Leader, Manny Mayer , Business Development Architecture, and Barry Frost , Extrusion Sales will share expertise at Facades+ New York . (Photo: Axalta) “The Facades+ conference is the ideal setting to showcase advancements in...
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Axalta Coating Systems Launches New Website for Its Energy Solutions Business March 31, 2017
Site covers all three Energy Solutions’ segments Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has today launched a new website for its Energy Solutions business - www.electricalinsulation.com. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170331005488/en/ Axalta launches website for its Energy Solutions electrical insulation business. (Photo: Axalta) The website will provide Axalta’s customers with a complete global overview of all Energy Solutions’ brands that serve customers who use wire enamels, impregnating resins and electrical steel coatings. Axalta’s electrical insulation products include Voltatex ® , Voltaprem ® , Voltabas, Voltahyd, Voltacast, Voltron ® and Basa™. Available in English, the site will also be rolled out in Chinese, German, Spanish and Italian throughout 2017, with more language versions to follow. Energy Solutions products are formulated not only...
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Axalta Launches Imron 8460S Clearcoat for Commercial Transportation Market March 30, 2017
Continuing its tradition of developing next-generation high performance coatings, Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently introduced Imron ® Elite 8460S™ Clearcoat – its newest premium clearcoat for commercial vehicle customers in North America . Imron Elite 8460S is a two-component, low volatile organic compound (VOC), high solids polyurethane clearcoat. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170330005923/en/ Axalta Launches Imron 8460S Clearcoat for Commercial Transportation Market (Graphic: Axalta) Designed to improve vertical sag stability, Imron Elite 8460S clearcoat is formulated to deliver a high-quality appearance while reducing cycle time due to its fast cure rate. Imron Elite 8460S clearcoat can be used over all approved commercial finish base coats. Suggested applications for the coating include fire and emergency vehicles, heavy duty...
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Alesta AP from Axalta Coating Systems Specified for Prestigious French Project La Marseillaise March 29, 2017
Axalta develops new colors to enhance the exquisite superstructure Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has been specified to provide its Alesta® AP Architectural Polyester powder coatings for one of the largest urban planning projects in Europe – La Marseillaise – which is scheduled for completion mid-2018. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170329005820/en/ Prestigious French superstructure project La Marseillaise to feature new Alesta AP Architectural Polyester powder coatings. (Photo: Axalta) The superstructure in Marseille, France , will be 135 meters high, have 31 floors with 35,000m 2 of office space, and the capacity to house 2,500 people. When complete, La Marseillaise will contain an estimated total of 18,800m 3 of concrete and 16,000m 2 of coated façades, including aluminum profiles and 3,800 sun shields made of ultra-high performance...
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Axalta and Daimler Combine Speed and Color for 3rd Consecutive Year at NASCAR PEAK Mexico Series March 24, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, joins efforts with commercial partner Daimler for the third consecutive year, to cheer on legendary Mexican driver, Michel Jourdain, Jr. in the Freightliner tractor-trailer category of the NASCAR ® PEAK Mexico Series 2017. Recognized for his regular participation in racing circuits at the national and global level, Jourdain has been endorsed by Axalta and Daimler in 20 competitions. All 12 trucks that will participate in the Series were manufactured in Daimler’s Factory, located in Santiago Tianguistenco , Estado de México, and finished with Axalta’s Imron Elite ® technology. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170324005597/en/ Axalta's Imron Elite® coats Michel Jourdain, Jr. ’s truck in the NASCAR® PEAK Mexico Series 2017 (Photo: Axalta) “For Axalta, racing is the ideal space to bring together champions. Through our...
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Axalta Releases 2017 Color_gen Color Collections to Enable Automakers to Innovate with Color Insights March 24, 2017
Color_Gen report captures the preferences of three major driving demographics, Gen Next , Gen Here&Now and Gen Lux Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, unveiled Color_gen, its 2017 automotive color collection for automakers. Released first to customers at Axalta’s 2017 Color Show China, which took place in Chongqing and Shanghai between March 21 and 24, Color_gen is designed to help car manufacturers understand the color preferences of different generations of drivers. The collection captures the preferences of three distinct driving demographics: GenNext, GenHere&Now and GenLux. The Color_gen report complements two other Axalta traditions, the annual Automotive Color Popularity Report, now in its seventh decade of publication, and the company’s Automotive Color of the Year which is Gallant Gray in 2017. In combination, these three resources provide automakers with customers’ color choices in the prior year, the latest...
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Axalta’s Powder Coatings Support Shanghai’s New Metro Line March 23, 2017
Innovative and sustainable Alesta AR coatings will protect tunnel sound barriers Axalta-Huajia Coatings, a joint venture between Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, and the Huangshan Yongjia Group Co. Ltd., will partner with SHAZC Group to coat the sound barriers installed on Shanghai’s new Metro Line 17. Axalta’s premium powder coating Alesta® AR will protect the sound management structures along the Qingpu section of the line. The Alesta AR500-UD series meets the most stringent exterior performance standards of the architectural industry, thanks to its architectural grade fluoropolymer powder coating technology. In addition, the AR500-UD series of products also feature environmentally responsible formulations and ultra-low VOC to offer excellent protection and high color accuracy as well as gloss-stability along with easy-care, easy-clean and anti-graffiti properties. “Axalta is honored to participate in the construction of...
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Axalta Coating Systems Powder Coatings on Display at the 10th International Biennale Design Event in France March 21, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is exhibiting a selection of its Alesta ® powder coatings colors and textures at the celebrated Saint-Etienne International Design Biennale, taking place in the Cité du Design in St. Etienne, France , March 9 to April 9, 2017 . Cité du Design is a renowned public venue dedicated to design and innovation, in which the prominent school of higher education Saint-Etienne Higher School of Art and Design is located. It also serves as the home of the Matériauthèque, a material resource center. The school is a hub for design research and innovative thinking related to industry, the public sector, design and education. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170321006330/en/ Axalta's Alesta® powder coatings on display at the 10th International Biennale Design Event in France . (Photo: Axalta) With more than 150 years in the...
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Lifestyle Luxury Goods Finished with Spies Hecker, a Global Refinish Brand of Axalta Coating Systems March 17, 2017
Robust, durable coatings perfect for luxury sector When Carrafont, a French luxury goods design company, discovered that the products from Spies Hecker, one of the three global refinish brands of Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, provided the best finish for its prototypes and scale-models 22 years ago, it was the beginning of a long and successful collaboration between two very diverse industries. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170317005585/en/ Carrafont compact coated with Spies Hecker, one of the premium refinish brands of Axalta Coating Systems (Photo: Axalta) Carrafont, based near Paris, France , has been creating scale models for the biggest names in the cosmetics and luxury goods industries as well as to perfumiers, jewelers, architects and designers for 30 years. The company gives shape to perfume bottles, make-up palettes and other...
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Axalta Invites Collision Repair Shops to Experience Innovative Tools at NORTHEAST 2017 March 16, 2017
Axalta to Highlight Solutions for Productivity and Profitability Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will showcase its innovative lineup of refinish systems and tools designed to help body shops boost productivity and profitability at the 40th Annual NORTHEAST® Automotive Services Show, presented by the Alliance of Automotive Service Providers/New Jersey. The show runs March 17-19, 2017 at the Meadowlands Exhibition Center in Secaucus, New Jersey. Visitors to Axalta booth #427 will see live demonstrations of ProfitNet TM , a dynamic management system that gives collision repair facility owners the ability to track every aspect of their business. The system delivers detailed information that identifies profitable business areas in addition to improvement opportunities. Show attendees will also experience Axalta’s ColorNet 2.0 Web, a powerful web-based color retrieval and on-screen matching system. ColorNet 2.0 Web provides quick...
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Axalta Imron Elite Coatings Shine at Mid-America Trucking Show March 15, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will feature its Imron ® Elite polyurethane coatings for heavy duty trucks, fleets and other commercial vehicles at the Mid-America Trucking Show (MATS) on March 23-25 , at the Kentucky Fair and Exposition Center in Louisville, Kentucky . Attendees may visit Axalta’s booth #16205 in the North Hall to learn about Imron Elite coatings and support services offered to commercial transportation customers. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170315006047/en/ Axalta Imron Elite polyurethane coatings for heavy duty trucks will be on display at the Mid-America Trucking Show on March 23-25 . (Graphic: Axalta) Six of the seven Class 8 heavy duty truck manufacturers in North America use Axalta’s premium line of Imron Elite coatings on OEM production lines in addition to aftermarket repair and maintenance. Imron Elite provides...
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Axalta Experts Discuss Coatings Solutions at Work Truck Show March 15, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will feature its Imron ® Elite and EliteShield XPC coatings at North America’s largest work truck event, the National Truck Equipment Association’s (NTEA) Work Truck Show, held at the Indiana Convention Center on March 14-17, 2017 in Indianapolis, Indiana . Axalta experts will be available to discuss with attendees Axalta technologies, services and solutions available to work truck customers. An iconic brand, Imron Elite provides hard working trucks premium quality finishes with superior durability and excellent chemical resistance. It is available in more than 18,000 color formulas. Axalta’s EliteShield XPC is designed to deliver an extremely durable, protective coating and is ideal for use in a wide variety of commercial applications. Stop by booth #102 for more information and to see how Axalta can work for you. Who: Axalta Coating Systems North America Representatives What: The NTEA’s...
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Axalta Coating Systems to Increase Prices in Greater China March 14, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will introduce price increases for customers in greater China in response to a substantial increase in the costs of raw materials. Price increases will affect certain refinish and industrial coatings customers and select light and commercial vehicle OEMs and sub-suppliers to these end markets. Specific price increases will be communicated directly to affected customers. “The upward pricing pressure on the cost of our raw materials reflects multiple factors beyond our control including the availability of feedstocks, increased regulatory requirements, and a limited number of suppliers that meet our rigorous quality standards,” said Steven Markevich, Axalta Executive Vice President and President, Transportation Coatings and Greater China. “While we have been absorbing cost inflation for the past several months, we have come to a point where we need our customers’ help and support in sharing a...
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Axalta Coating Systems to Present Nap-Gard Advancements at NACE Corrosion 2017 March 13, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will showcase its pipeline industry coating solutions at the upcoming NACE Corrosion conference and exposition on March 26-30, 2017 in New Orleans, Louisiana . Axalta representatives will be available at booth #1621 to share their knowledge of corrosion protection technologies and discuss recent enhancements to the Nap-Gard ® portfolio of coatings for pipeline industry professionals. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170313005929/en/ Axalta will showcase its pipeline industry coating solutions at the NACE Corrosion conference and exposition on March 26-30, 2017 in New Orleans, Louisiana . (Photo: Axalta) “We are excited to participate in the conference and exposition again this year and to bring our latest Nap-Gard FBE products to attendees,” said Meghan Hodge, Axalta’s Global Product Marketing Manager for...
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Axalta Coating Systems Protects Façade of Turkmenistan’s New Airport March 9, 2017
Alesta SD Powder Coatings Offers Suitable Extreme Weather Resistance Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has provided its Alesta® SD or Super Durable line of powder coatings for the façade of Central Asia’s largest airport, the new Ashgabat International Airport. Alesta SD has been specifically developed to provide better color and gloss stability, making it ideal for commercial building projects such as this, in addition to high-end residential projects. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170309006119/en/ Axalta's Alesta SD powder coatings protect the façade of Central Asia’s largest airport, the new Ashgabat International Airport. (Photo: Axalta) Ashgabat International Airport , one of Turkmenistan’s most prestigious infrastructure projects, required a façade coating that would be extremely resistant to weather degradation and that would provide...
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Axalta Employees and GoBabyGo! Customize Cars for Toddlers with Cognitive or Physical Disabilities March 7, 2017
Toddlers Received Vehicles Retrofitted by Axalta and GoBabyGo! to Help Them Become Independently Mobile Employees of Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, in collaboration with GoBabyGo!, a national program from the University of Delaware that empowers children with disabilities to become independently mobile through the use of custom-fitted motorized vehicles, retrofitted and presented six families with toy cars that address each toddler’s specific mobility needs. During the event, employees met with each child and his/her family to identify vehicle customization needs and then celebrated as the children took their first lap in their new ride. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170307006103/en/ Axalta and GoBabyGo! retrofitted and presented six families with toy cars that address each toddler's specific mobility needs. (Photo: Axalta) “We are...
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Axalta Employees Participate in Mangrove Conservation Experience with Ducks Unlimited de México March 2, 2017
Partners in conservation, Axalta Coating Systems and Ducks Unlimited de México, highlight conservation work across Mexico with trip to protected mangroves in Celestun Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, and a proud partner and supporter of Ducks Unlimited Inc. and Ducks Unlimited de México (DUMAC), participated in a two-day field and classroom experience in Celestun, Yucatan, Mexico in February. The purpose of the trip was to witness first-hand the challenges facing mangrove conservation and the subsequent restoration work conducted by DUMAC. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170302006285/en/ Participants at the two-day field and classroom “Mangrove Conservation Experience” with Ducks Unlimited de México in the Yucatan, Mexico (Photo: Axalta) Sustainability and environmental responsibility are at the core of Axalta’s mission. Through the “Mangrove...
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Dura Coat Features Tough, Flexible Coatings at 50th National Frame Building Expo in Nashville March 1, 2017
Dura Coat Products, Inc. , an Axalta Coating Systems (NYSE: AXTA) company, will feature its premium quality line of high-performance coatings at booth #737 at the Frame Building Expo, held at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee , on March 8-10 . The Frame Building Expo is the nation’s largest event for post-frame construction professionals and is hosted by the National Frame Building Association (NFBA), which is celebrating 50 years as the industry’s primary source of post-frame building resources, education, and research and development. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170301005060/en/ Dura Coat Products, Inc. , an Axalta Coating Systems company, will feature its premium quality line of high-performance coatings at booth #737 at the Frame Building Expo in Nashville, Tennessee , on March 8-10 . (Graphic: Axalta) Dura Coat, a leading supplier of industrial coatings,...
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Axalta Coating Systems and General Motors UK Renew Three-Year Agreement March 1, 2017
Axalta Coating Systems (NYSE: AXTA) in the UK and General Motors UK (GM UK ) have renewed their three-year agreement which names Axalta’s three premium global refinish brands – Cromax ® , Spies Hecker ® and Standox ® – officially approved suppliers for paint repairs on Vauxhall in the UK . “General Motors and Axalta have a long-standing relationship both in the UK and globally,” said Mike Davis, Managing Director of Axalta Coating Systems UK Limited. “This has been built on Axalta’s ability to deliver high-quality product ranges, technical support and advanced color management tools consistently to GM body shops.” The agreement enables Cromax, Spies Hecker and Standox to support GM UK’s Vauxhall dealers and its network of approved body shops in the UK with paint warranties, technical support and body shop management advice. The three refinish brands also play an active role in the training programs organized by GM UK, by providing ongoing product training as well as training events...
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Axalta Named “2016 Best Supplier” by China’s Leading Automotive Components Producer Chongqing P&W Group February 28, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has been named “2016 Best Supplier” by Chongqing P&W Group , one of China’s leading manufacturers of automotive bumpers and exterior and interior components. The Group’s customer portfolio includes some of the best-known carmakers in the country, such as Chang'an Automobile and Chang'an Ford. The award marks the pinnacle of a 10-year strategic partnership between the two companies, throughout which Axalta has provided sustainable, cutting-edge coating technologies and professional services that have enabled the Chongqing P&W Group to ensure quality, manage costs, improve its coating processes and win business from some of the largest carmakers in China. “Axalta is honored to be recognized by Chongqing P&W Group and is excited to serve its customers in the China market as well as overseas. This award affirms our coatings technology expertise, customer-focus philosophy, and...
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Axalta Hosts Inaugural Supplier of the Year Awards in Daytona, FL February 27, 2017
Top Ten Companies Awarded from Global Procurement Base Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, hosted its inaugural Supplier of the Year Awards event February 25-26 in Daytona, Florida. Axalta developed the awards program to recognize the critical role that suppliers play in the company’s ability to deliver superior products and services to its more than 100,000 customers around the world. To emphasize the exceptional performance of the awardees, the celebration coincided with the grand opening of Axalta’s Center Injector at the Daytona International Speedway. Representatives from each of the honored suppliers were invited to participate in activities at Axalta’s injector on Sunday, following the awards ceremony and reception on Saturday evening. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170227006393/en/ Leadership from Axalta Coating Systems including...
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Axalta Introduces New FlexBase 7700 PB Product Line February 27, 2017
New Basecoat, High Gloss and Flat Clearcoats for Sports Equipment Market Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to announce the introduction of FlexBase® 7700 PB, a new premium quality polyurethane product line designed to meet the custom-color and impact-resistant requirements of the sports equipment market in North America. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170227005950/en/ Axalta's new FlexBase product line brings brilliant color to sports equipment. (Photo: Axalta) The FlexBase 7700 PB product line targets helmets and other protective equipment used in athletic events such as baseball, lacrosse, football, softball, hockey, racing, and other extreme sports. It features a premium quality polyurethane basecoat, also named FlexBase 7700 PB, a polyurethane high gloss clearcoat, FlexBase PB7430™, and a polyurethane flat clearcoat, FlexBase...
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Axalta Coating Systems Will Host Capital Markets Day at NYSE February 21, 2017
Event Dedicated to Technology at Axalta Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will host its Capital Markets Day on February 22, 2017 at the New York Stock Exchange. Presentations from Axalta’s senior management will center on how “Technology Drives Axalta’s Performance”. Registration for the event is now closed. A live webcast of the event will be available online at http://axalta.com/InvestorCall . The event will begin at 9:00 a.m. EST and will conclude at 12:30 p.m. EST . About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With more than 150 years of experience in the...
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Axalta Coating Systems Introduces New Global Warranty Program for Architectural Powder Coatings February 20, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, has introduced a Global Warranty program for its premium line of Alesta ® architectural powder coatings that deliver superior corrosion protection, excellent weatherability, elasticity, and abrasion resistance. Alesta powder coatings are designed to meet the rigorous architectural specifications set forth by the American Architectural Manufacturers Association (AAMA), Qualicoat and GSB standards. These high-performance coatings offer super durability, are available in a wide selection of colors and gloss levels, and contain virtually no VOCs and no targeted HAPs. The Global Warranty provides a unique and consistent program to specifiers and façade fabricators through Axalta’s approved applicators. “Axalta’s powder coatings are engineered to deliver better appearance, improved abrasion resistance and improved hardness,” said Michael Cash Axalta Senior Vice President and President,...
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Axalta Coating Systems Paints Sculpture of Abraham Lincoln February 20, 2017
Axalta products chosen exclusively for Seward Johnson’s “Return Visit” Products from Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, were selected to paint Seward Johnson’s “Return Visit” sculpture of Abraham Lincoln and a contemporary man. The 30-foot-tall bronze sculpture was created by American artist Seward Johnson and is owned by The Seward Johnson Atelier, Inc., a New Jersey-based nonprofit foundation which promotes the appreciation of, and education about, sculpture and public art through the creation, maintenance, sale and public placement of Seward Johnson’s sculptures. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170220005455/en/ © 1991, 2014 The Seward Johnson Atelier, Inc. Photo by Heather Taylor. The 30 foot tall bronze sculpture "Return Visit" shown here on exhibition in Troy, Ohio. “Return Visit” was painted with Axalta’s Corlar ® 824S™, a two-component...
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Children Help Axalta Coating Systems Celebrate the Grand Opening of its Center Injector at Daytona International Speedway February 17, 2017
Toddlers with disabilities help kick off the DAYTONA 500 Weekend by racing to the finish in the newly unveiled Axalta Center Injector at the famed speedway in customized vehicles Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, and a Founding Partner of Daytona International Speedway (DIS), will help kick off a weekend of exciting festivities for the 59th annual DAYTONA 500 while it celebrates the new Axalta Center Injector. Beginning with a once-in-a-lifetime opportunity for children with cognitive or physical disabilities, Axalta and the other DIS Founding Partners will custom-fit cars so that the children can “race” in the famed motorsports stadium in their own sit-in cars. Axalta is making this event possible in partnership with GoBabyGo! , a national program from the University of Delaware that empowers children with disabilities to become independently mobile through the use of custom-fitted motorized vehicles. Employees from...
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Axalta Introduces New Imron 3.1 HG-D + Direct-To-Metal Coating February 16, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, recently introduced Imron ® 3.1 HG-D™ +, a new premium quality, high gloss acrylic polyurethane direct-to-metal (DTM) coating that broadens Axalta’s DTM product offering for industrial customers in North America . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170216006312/en/ Axalta introduces Imron 3.1 HG-D + polyurethane coating for use in construction, amusement and other industrial markets (Photo: Axalta) The new Imron 3.1 HG-D + is formulated with Axalta’s latest technology to deliver a durable high gloss, high build, one-step system in non-corrosive exposures and select harsh environments. It is designed at a 3.1 pounds per gallon (lbs/gal) volatile organic compound (VOC) level to comply with a 3.5 lbs/gal limit in regulated areas and is available in an extensive assortment of custom-mixed solid colors and select...
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Axalta Releases Fourth Quarter and Full Year 2016 Results February 8, 2017
Fourth Quarter 2016 Highlights: • Net sales of $1,029.4 million driven by volume and pricing growth of 5.6%, offset by unfavorable foreign currency translation • GAAP net loss attributable to Axalta of $36.5 million versus net income of $38.6 million in Q4 2015; Adjusted net income attributable to Axalta of $68.6 million for Q4 2016 versus $58.0 million in Q4 2015 • Adjusted EBITDA of $226.5 million versus $212.8 million in Q4 2015 Full Year 2016 Highlights: • Net sales of $4,073.5 million driven by volume and pricing growth of 4.3%, offset by unfavorable foreign currency translation • GAAP net income attributable to Axalta of $41.8 million versus $93.7 million in 2015; Adjusted net income attributable to Axalta of $269.4 million for 2016 versus $241.9 million in 2015 • Adjusted EBITDA of $907.1 million versus $867.2 million in 2015 Axalta Coating Systems Ltd. (NYSE:AXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full...
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Axalta Launches New Mobile Color Matching App for Powder Coaters February 7, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce the launch of a new, innovative color matching mobile app, available on iOS and Android platforms. Axalta’s Axs free color matching app offers powder coating professionals a constellation of colors in the palm of their hand. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170207006419/en/ Axalta announces new, exciting color matching app for Powder Coaters is available on iOS and Android platforms. (Photo: Axalta) The free tool allows users to scan any surface and easily match it to an Alesta® stock powder coating hue which increases productivity by eliminating the wait for a sample powder or color chip delivery. The app also gives users the option to request additional information such as product codes, chemistry details, or the opportunity to order color chips delivered directly to them. “Our new and...
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Axalta Coating Systems Appoints a New distributor to Strengthen Its Powder Coating Supply Capability in Vietnam February 7, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, has appointed Ocean Vietnam International Trading Co. Ltd. as its distributor for Alesta ® powder coatings products in Vietnam to support Axalta’s growth strategy in the ASEAN market. Infrastructure growth in the region provides important opportunities for Axalta’s Alesta brand of powder coatings which are used in architectural, furniture, transportation and other industrial applications, the need for which is expected to follow economic growth in Southeast Asia . “Axalta is confident that Ocean’s strong and experienced team will help our powder customers in Vietnam to obtain maximum value from our high-quality offerings,” said Dewi Djanuwati, Axalta Managing Director in the region. “Ocean’s team members are seasoned professionals in the powder coating industry with extensive knowledge of the market and excellent technical capability to support our customers.” Backed by an experienced team...
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Axalta Expert Focuses on Powder Coating Fundamentals at FENCETECH 2017 February 6, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, shared coating expertise at the FENCETECH 2017 tradeshow, the largest gathering in the fence and ornamental, and miscellaneous metal industries, on February 1-5 , at the Henry B. Gonzalez Convention Center in San Antonio, Texas . Mike Withers , Axalta Architectural Segment Leader in North America , led a technical session titled, Powder Coating . This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170206005864/en/ Mike Withers , Axalta Architectural Segment Leader-North America presented a technical session on powder coating at FENCETECH 2017 in San Antonio, Texas . (Photo: Axalta) Withers’ session provided an in-depth look at the powder coating process from pretreatment and powder material selection, to powder application, recovery, curing and essential components for an overall well-designed, high performing powder coating system....
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4-H Tech Wizards Program Recognizes Axalta for Educating Tomorrow’s Leaders February 3, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that three employees from its Mount Clemens, Michigan facility received awards from Michigan State University Extension’s 4-H Tech Wizards program. The Tech Wizards program focuses on building healthy mentoring relationships between caring adult role models and youth as they interact through STEM (Science, Technology, Engineering and Mathematics) related topics and activities. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170203005693/en/ From left to right: Axalta’s Kris Wright , Gary Weaks , Karen Putinsky and Jakob Schroeder pose with their 4-H awards. (Photo: Axalta) For the past three years, Gary Weaks, OEM Operations Quality Manager-North America, Karen Putinsky, Quality Technician and Kris Wright, Chemist mentored students at Mount Clemens Community Schools. For their efforts, 4-H awarded Putinsky...
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Axalta Refinish Academy Nordic Opens in Sweden January 30, 2017
New, dedicated facility to serve Axalta’s customers from Sweden, Norway, Denmark, Finland and Iceland Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, officially opened its new, ultra-modern Axalta Refinish Academy Nordic earlier this month. The move underscores Axalta’s strong commitment to providing high-quality, innovative products and services to its customers in the global refinishing industry. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170130005677/en/ The next-generation Axalta Refinish Academy Nordic opened in January 2017 (Photo: Axalta) The facility, which is located in Sisjön, 20 minutes south of Gothenburg, Sweden , houses not only the latest generation training center for Axalta’s three global refinish brands - Cromax ® , Spies Hecker ® and Standox ® - but also the new offices for the Nordic refinish management organization and the Swedish refinish sales...
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Axalta to Co-present at International Air-Conditioning, Heating, Refrigerating Exposition in Las Vegas January 27, 2017
Presentation Will Discuss Axalta's AquaEC 6100 NSF-51 Approval Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will co-present NSF-51 Food Grade Coatings for Heating, Ventilation and Air Conditioning (HVAC) Equipment with Metal Processing International (MPI) at the International Air-Conditioning, Heating, Refrigerating Exposition (AHR Expo) in Las Vegas, Nevada. The presentation will take place in Theatre A of the Las Vegas Convention Center at 1:45 p.m. PST on Wednesday, February 1. Jeff Paxon, Axalta Area Sales Manager, will discuss Axalta’s AquaEC™ 6100™, North America’s first and only e-coat to achieve NSF-51 Standard compliance. Electrocoat epoxy coatings are widely used for corrosion protection of evaporator and condenser coils, and other heat exchangers. Axalta’s new tin-free epoxy coating technology is now certified by National Sanitation Foundation per NSF-51 Standard Food Equipment Materials. This development is meaningful for...
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Axalta Features its Brilliant Imron Coatings at 2nd Annual Refit International Exhibit and Conference January 25, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will display its premium line of Imron ® coatings at the 2 nd Annual Refit Exhibit on January 26-27, 2017 at the Broward County Convention Center in Fort Lauderdale, Florida . The Refit Conference attracts captains, owners, boatyard professionals, designers and stylists whose focus is refurbishing or refitting existing yachts, as well as suppliers of marine products, services, and accessories. The Imron range of products is designed to deliver the industry’s best appearance, performance, and corrosion protection specifically for the marine segment. “Axalta looks forward to providing industry refit professionals with the most up-to-date information on our innovative paint finishes and technology for the marine market,” said John Corry, Product Director for Axalta’s Industrial North America business. “Our Imron marine coatings are designed to deliver long-lasting high gloss colors that can be...
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Axalta Schedules Fourth Quarter and Full Year 2016 Results Conference Call January 24, 2017
Axalta Coating Systems Ltd. (NYSE: AXTA) will host a conference call to review its fourth quarter and full year 2016 financial results at 8:00 a.m. EST on Wednesday, February 8, 2017 . Charles W. Shaver , Chairman and Chief Executive Officer, and Robert W. Bryant , Executive Vice President and Chief Financial Officer, will review the company's financial performance for the period. A live webcast of the conference call will be available online at www.axalta.com/investorcall . The U.S. dial-in phone number for the conference call is (844) 407-0784 and the international dial-in number is +1 (201) 689-8560. For those unable to participate, a replay of the call will be available through February 15, 2017 . The U.S. replay dial-in number is (844) 512-2921 and the international replay dial-in number is +1 (412) 317-6671. The replay passcode is 13654044. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative,...
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Axalta Shares Expertise at Canadian Collision Industry Forum January 24, 2017
The Canadian Collision Industry Forum (CCIF) held January 26-27, 2017 at the Universal Eventspace in Vaughan, Ontario provides a venue for body shop owners who understand the importance of investing in the future success of their business to stay abreast of current and future challenges in the collision repair industry. Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is pleased to support CCIF by sharing its latest innovations at booth #13. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170124006146/en/ Patrice Marcil , Axalta Learning and Development Director-North America will present and moderate a panel about the important connection between the collision industry and education. (Photo: Axalta) Axalta’s presence at the event also includes guest speakers Patrice Marcil, Axalta Learning and Development Director-North America and automotive industry expert Mike Anderson,...
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Axalta AquaEC 6100 Receives NSF-51 Standards Certification in North America January 24, 2017
First Electrodeposition coating in the industry to meet stringent NSF-51 Standards Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce that its AquaEC™ 6100 cathodic epoxy e-coat primer is NSF-51® Standard certified after meeting the strict requirements for products used to manufacture food equipment and related materials. AquaEC 6100 is the first e-coat product to attain this certification in North America. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170124005943/en/ Axalta AquaEC 6100 recently received NSF-51 Standard certification for use on HVAC heat exchanger coils and other equipment. (Photo: Axalta) NSF requirements for food equipment and material safety help ensure products do not release harmful chemicals into food and safeguard against products that may harbor bacteria. NSF-51 Standard establishes minimum public health and sanitation...
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Axalta to Exhibit Protective Functional Coatings at SSPC 2017 in Tampa January 17, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will exhibit at the Society for Protective Coatings 2017 (SSPC 2017) conference at the Tampa Convention Center in Tampa, Florida on January 30 - February 2, 2017 . During the conference, Axalta experts will exhibit Nap-Gard ® functional powder coatings at booth #739. SSPC 2017 is the only show in North America whose sole focus is on protective, marine, industrial, and commercial coatings. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170117006327/en/ Axalta to exhibit inventive functional oil and gas pipeline collection at SSPC 2017 in Tampa, Florida . (Photo: Axalta) Axalta will feature innovative, new advancements to its functional pipeline portfolio of Nap-Gard fusion bonded epoxy (FBE) powder coatings. Designed to be effective in extremely harsh environments such as wastewater treatment facilities and saltwater settings,...
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Axalta Coats London Skyline with its Alesta Anodic Collection January 12, 2017
Skidmore, Owings & Merrill LLP (SOM), one of the largest and most influential architecture, interior design, engineering, and urban planning firms in the world, has specified Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, for its Manhattan Loft Gardens project. The unique structure coated in Axalta Alesta ® products will be a prominent addition to the famous London skyline, offering a new take on London garden squares by creating an environment suited to neighborhood life and the development of urban biodiversity. Kyotec Group, which offers installation of high-quality curtain walls, is also renowned for maintaining very close relationships with developers, contractors and architects. In December of 2014, Kyotec chose to reach out to Axalta after their successful partnership on one of the tallest residential skyscrapers in Poland and the European Union, Zlota 44. Kyotec and Axalta worked together to carefully select samples that would...
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Axalta Announces Inaugural Supplier of the Year Awards January 12, 2017
Focus on Excellence in Quality, Service, Technology and Price Axalta Coating Systems (NYSE: AXTA), a leading global manufacturer of liquid and powder coatings, is pleased to announce its inaugural Supplier of the Year awards. Axalta will honor top performing suppliers at an award ceremony and reception held in late February. The awards recognize the critical role that suppliers play in Axalta’s ability to deliver superior products and services to its more than 100,000 customers around the world. “Exceptional raw materials and services are necessary for the development and production of exceptional products,” explained Martin Horneck , Axalta Senior Vice President and Chief Procurement Officer. “Our ability to provide customers around the world with the superior products they expect from Axalta relies on our access to the highest quality and most competitive raw materials and services. The Axalta Supplier of the Year program will recognize those vendors who partner with us and enable...
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Axalta Coating Systems Introduces Alesta Lync Dry-on-Dry System January 11, 2017
Eliminates the energy consuming process of two coat and two bake application Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, introduces Alesta® Lync, an innovative Dry-on-Dry (DOD) powder coating application system. Alesta Lync is a cost effective solution to the energy consuming process of conventional two layer systems that require two separate bake cycles. It is also engineered to provide a significant performance improvement compared to single layer systems. With its unique topcoat and primer combination, Alesta Lync is designed to provide two paint layers but require only one cure cycle. As a result, Alesta Lync reduces process time, paint shop footprint and capital investment while increasing productivity. The process is energy-efficient and has excellent edge corrosion protection. By contrast, traditional direct to metal monolayer powder systems often fail to protect edges, as surface tension during the liquid state causes paint to...
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Axalta Coating Systems Donates Liquid Coatings to Haitian Hurricane Relief Effort January 10, 2017
Donations will assist woodworking company with repairing Haitian homes damaged by Hurricane Matthew Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, donated a 20-ton container of liquid coatings to help rebuild homes in Haitian villages devastated by Hurricane Matthew. The shipment, which is equivalent to 3,602 gallons of paint and valued at $33,000, arrived in Haiti this week, and was received by Maxima S.A., a Haiti-based woodworking company. The donation will cover more than 1.4 million square feet of surface area. “Haiti is one of the most vulnerable nations in the world in the face of natural disasters, including most recently Hurricane Matthew, which has left families and whole communities devastated,” said Michael Cash , Axalta Senior Vice President and President of the company’s industrial coatings business. “We are very fortunate that the products we make every day can, in some small way, help the families and communities in Haiti...
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Axalta to Host Analyst Day on February 22 January 10, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will host an Analyst and Investor Day on February 22, 2017 in New York City . The focus of the event will be “Technology Drives Axalta’s Performance.” Members of senior management will be present to describe and demonstrate how this theme impacts each business and end-market at Axalta. A live webcast of the event will be available online at http://axalta.com/InvestorCall. The event will begin at 9:00 a.m. EST and will conclude at 12:15 p.m. EST. To register to attend this event in person, please contact Axalta Investor Relations as the meeting is by invitation only. About Axalta Coating Systems Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent...
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Axalta Coating Systems to Acquire Business of Ellis Paint Company January 6, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, announced today its acquisition of the business of Ellis Paint Company , a prominent manufacturer of industrial and automotive refinish paint in North America . Financial terms of the transaction were not disclosed. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170106005644/en/ Michael Cash , Senior Vice President and President, Industrial Coatings of Axalta Coating Systems and Sandy Berg , President and CEO of Ellis Paint Company , joined by members of Axalta and Ellis management. (Photo: Axalta) Founded in 1887, Ellis Paint Company is a well-known manufacturer and distributor of a strong portfolio of coating products suited for an extensive array of industrial applications and substrates including steel, concrete and wood, shipping vessels and construction equipment, and indoor and outdoor furnishings and fittings. Ellis...
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Axalta Announces its Automotive Color of the Year 2017 – Gallant Gray January 5, 2017
Axalta Coating Systems (NYSE: AXTA), a leading global supplier of liquid and powder coatings, is excited to announce its Automotive Color of the Year 2017 – Gallant Gray. This luxurious color is enhanced by blue and silver flakes that produce a unique sparkle effect and dark undertones that enrich the finish, adding sophistication. A year-long Color of the Year celebration will commence with a variety of events during the 2017 North American International Auto Show (NAIAS) Preview Days in Detroit including a video reveal at the EyesOn Design awards program on January 10, 2017 . The color will also be prominently featured at the Axalta-sponsored Charity Preview on January 13, 2017 which raises funds to support services for children. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170105005877/en/ Axalta introduces it Automotive Color of the Year 2017, Gallant Gray. (Photo: Axalta) Daily inspirations, coupled with...
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