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"We will create a leading global coatings and specialty chemicals company with a diversified geographic presence and well-developed access to fast-growing markets in Asia-Pacific, particularly China and Latin America," said Hans Wijers, Akzo's chief executive.
"We will create a leading global coatings and speciality chemicals company with a diversified geographical presence and well developed access to fast-growing markets in Asia Pacific, particularly China and Latin America".
In 1999 DuPont took a leap into China's automotive paint sector through the $1.9 billion acquisition of Herberts, a subsidiary of Germany's Hoechst AG, whose global coatings business had four Chinese joint ventures.
In 1999 DuPont took a leap into China's automotive paint sector with the acquisition, for $1.9 billion, of Herberts, a subsidiary of Germany's Hoechst, whose global coatings business had four joint ventures there.
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A case study for the coatings business unit of a global specialty chemicals manufacturer is used to demonstrate the applicability of the approach in a number of scenarios.
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