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Powder Coatings

Total revenue was up 38 percent, including an 8 percent favorable currency translation impact and a 12 percent impact from the acquired Powder Coatings activities as of June 1, 2010. High growth markets, both in Eastern Europe and Asia, continued to show an impressive growth rate. The mature markets showed growth over the previous year, although at a lower rate. All Powder segments showed improvement over Q2 in 2009, especially Functional, with strong market demand in China. In June, as part of the powder business integration process, we announced the closure of our manufacturing site in Bensheim, Germany. Fully powder coated small commercial vehicles are now available in India from Tata Motors.

Copyright © 2010 Akzo Nobel N.V.