Industry News

Akzo Nobel and DCR Intellectual Property Company Link Processes and Products in Strategic Alliance

Published on 2008-02-13. Author : SpecialChem

Sassenheim, Netherlands -- Akzo Nobel Car Refinishes has announced that it has entered into a global strategic relationship with the newly formed DCR IP Company, LLC. This relationship has been structured to link the vision, strategies and practices of these two collision industry innovators.

"DCR Intellectual Property has developed a unique business model which defines repeatable processes for creating maximum efficiencies within a collision repair center," said Jim Rees Global General Manager, Akzo Nobel Car Refinishes. Rees continues, "The operating model of the business processes which they have created connect beautifully with the technological efficiencies that we have built into our Sikkens products. Additionally, the strategic approach to removing waste, consuming fewer resources and improving quality within the repair process clearly aligns with our ambition on improving sustainability".

Michael Giarrizzo, president and CEO of DCR IP Company, LLC commented on the strategic alliance, "Akzo Nobel is the world's largest coatings supplier. Our first experience with them was as a customer. Their ability to innovate and execute enabled us to recognize that they were the natural partner to assist in bringing our new vision and practices to the world."

About Akzo Nobel:

Akzo Nobel is a Fortune Global 500 company and is listed on Euronext Amsterdam. It is also the Chemicals Industry leader on the Dow Jones Sustainability Indexes and Akzo Nobel is included on the FTSE4Good Index. Based in the Netherlands, we are a multicultural organization serving customers throughout the world with coatings, chemicals and human and animal healthcare products. We employ around 62,000 people and conduct our activities in these four segments, with operating subsidiaries in more than 80 countries. Consolidated revenues for 2006 totaled EUR 13.7 billion. The financial results for the year 2007 will be published on March 6, 2008.

About Akzo Nobel Car Refinishes:

Akzo Nobel Car Refinishes is a world leader in coatings for car repair, commercial vehicles and automotive plastic coatings. In car repair, Akzo Nobel Car Refinishes offers Sikkens as the premium brand, synonymous with quality, innovation and the highest level of service to the bodyshop, as well as a number of brands for other segments of the car repair market, such as Lesonal and Dynacoat . For commercial vehicles it offers a complete approach with the dedicated Sikkens Autocoat BT brand. Automotive Plastic Coatings are offered under the Akzo Nobel brand.

Source: Akzo Nobel Car Refinishes

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