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Car Refinishes

There was clear improvement over 2009, with revenue increasing 16 percent, mainly due to higher volumes in Commercial Vehicles and Automotive Plastics Coatings. The Vehicle Refinish activities in China, India and South America showed strong growth over the previous year, while market conditions remained stable in Western Europe and North America. Aerospace saw increased activities across its regions. A continued focus on cost reduction is paying off. During the quarter, Car Refinishes received global approval from Geely Motors in China as a refinishing supplier and partner for its repair activities around the world.

Copyright © 2010 Akzo Nobel N.V.