Ethylene Dichloride/Vinyl Chloride Monomer:Dutch AkzoNobel acquires China's Changzhou Prime Automotive Paint

摘要

London—Netherlands-based paint, coatings and chemicals manufacturer AkzoNobel said Wednesday it has agreed to acquire China's Changzhou Prime Automotive Paint Company. No financial details were disclosed. The acquisition represents a strategic move into the Chinese automotive market for the paints and coatings producer. "This is an excellent deal...which gives us strong representation in one of China's most promising growth segments," said AkzoNobel's board member for Performance Coatings Leif Darner, in a statement.