Akzo Nobel NV
amsterdam : AKZA

June 12, 2013 02:11 ET

AkzoNobel scores coatings success at Confederations Cup

AMSTERDAM, THE NETHERLANDS--(Marketwired - Jun 12, 2013) - AkzoNobel has supplied high performance coatings systems for half of the stadiums being used at this month's FIFA Confederations Cup football tournament in Brazil.

Being staged from June 15 to 30, the three stadiums to feature the company's coatings are the famous Maracanã in Rio de Janeiro, the Estádio Nacional in Brasília (which will host the opening ceremony) and the Arena Pernambuco in Recife.

Used to protect steel structures (seats and rooftops) and walls, AkzoNobel supplied protective and powder products for the three venues via its International Paint, Interpon and Coral brands.

"As a global paint and coatings supplier with a broad portfolio of highly specialized products, AkzoNobel is ideally suited to meet the requirements and specifications of almost any customer," said Jaap de Jong, AkzoNobel's Country Director for Latin America.

"Brazil is one of our high growth markets and we are proud to have combined our global scale and local know-how in order to provide integrated solutions to some of the key stadiums that will be used during the Confederations Cup."

AkzoNobel has a long track record of providing full paint and coatings solutions for large infrastructure projects around the world, including top sporting arenas. These include the Bird's Nest Stadium and Water Cube in Beijing, China; Soccer City in Johannesburg, South Africa; both of the main football stadiums in Manchester, UK; and the Yas Marina Circuit grand prix venue in Abu Dhabi.

AkzoNobel currently employs more than 2,800 people in Brazil, with 2012 revenue totaling EUR987 million. The majority of revenue is generated from local production.

Maracanã stadium in Rio de Janeiro

Photo caption: Maracanã stadium in Rio de Janeiro

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AkzoNobel is a leading global paints and coatings company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well-known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are consistently ranked as one of the leaders in the area of sustainability. With operations in more than 80 countries, our 50,000 people around the world are committed to excellence and delivering Tomorrow's Answers Today™.

Safe Harbor Statement

This press release contains statements which address such key issues as AkzoNobel's growth strategy, future financial results, market positions, product development, products in the pipeline, and product approvals. Such statements should be carefully considered, and it should be understood that many factors could cause forecasted and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, pensions, physical and environmental risks, legal issues, and legislative, fiscal, and other regulatory measures. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies. For a more comprehensive discussion of the risk factors affecting our business please see our latest Annual Report, a copy of which can be found on the company's corporate website www.akzonobel.com.

Maracanã stadium in Rio de Janeiro: http://hugin.info/130660/R/1708726/566184.jpg

PDF file AkzoNobel scores coatings success at Confederations Cup: http://hugin.info/130660/R/1708726/566181.pdf

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Source: Akzo Nobel NV via Thomson Reuters ONE


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    Kirstin Steffen