PPG has today decided not to make another bid for AkzoNobel meaning, under Dutch rules, it may not approach the company again for at least another six months. The American company has made three bids for AkzoNobel in recent months, but has been rejected out of hand each time. AkzoNobel said the value of the [...]

The US Federal Trade Commission and the Canadian Competition Bureau have approved Sherwin-Williams acquisition of Valspar. The companies announced the US $11.3bn deal in March of last year, making it the largest acquisition in the 151-year history of Sherwin-Williams. There were concerns that a major producer of paint will disappear into another while the number [...]

Volvo Cars has become the first car maker in the world to export China-made cars to Europe by train via China’s new ‘One Belt, One Road’ trade initiative. The first S90 premium saloons, built at its Daqing plant in China, arrived at a distribution centre in Zeebrugge, Belgium. The cars have been transported to Belgium [...]

The Automotive Testing Expo Europe takes place in Stuttgart next month, when five shows come together in one super show highlighting new development and tech across the sector. It provides a unique opportunity for automotive suppliers, OEMs and engineers from across the industry to get first sight of the innovations driving automotive testing, design and [...]

AkzoNobel has opened a new Performance Coatings production facility in Chonburi, Thailand. With an investment of €31 million, AkzoNobel has expanded its footprint with this ninth production site in the south east Asia region. The new site will help to better serve AkzoNobel customers, and reflects AkzoNobel’s continued commitment to the region. Commenting on the [...]