Axalta Coating Systems

Axalta wins three prestigious 2021 Edison Awards™

Retrieved on: 
Friday, April 23, 2021
Thomas Edison, General Electric, Articles, Innovators, Science and technology in the United States, Edison Awards, Axalta Coating Systems, Edison

Named after Thomas Edison, the Edison Awards have recognized and honored some of the most innovative new products, services, and business leaders in the world since 1987.\n"We are proud to be an Edison Award recipient for the third consecutive year.

Key Points: 
  • Named after Thomas Edison, the Edison Awards have recognized and honored some of the most innovative new products, services, and business leaders in the world since 1987.\n"We are proud to be an Edison Award recipient for the third consecutive year.
  • Receiving three Edison Awards for innovations in three different categories is further validation of Axalta\'s commitment to developing new technology to serve our customers,"commented Robert Roop, Axalta\'s Chief Technology Officer.\nIn the Innovative Services category, Axalta\'s LiDAR Gonio-Retroreflectometer System (ALGRS) won a bronze 2021 Edison Award.
  • The awards are named after Thomas Alva Edison (1847-1931) whose inventions, new product development methods, and innovative achievements changed the world.
  • The Edison Awards are operated by Edison Universe, a 501cs non-profit organization with the mission of recognizing, honoring and fostering innovations and innovators, and are hosted in Fort Myers, Florida.\n'

Axalta Rebrands Transportation Coatings Business to Axalta Mobility Coatings

Retrieved on: 
Thursday, April 22, 2021
Materials, Industrial processes, Coatings, Axalta Coating Systems, Economic sectors, Powder coating, Paint, Electrophoretic deposition, Automotive paint, Titanium nitride

b'PHILADELPHIA, April 22, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced the launch of Axalta Mobility Coatings, a rebranding of its Transportation Coatings business unit.

Key Points: 
  • b'PHILADELPHIA, April 22, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced the launch of Axalta Mobility Coatings, a rebranding of its Transportation Coatings business unit.
  • The redefined business will focus on supporting the accelerating demand for e-mobility and the evolving coatings needs of established and emerging light and commercial vehicle original equipment manufacturers (OEMs), fleet owners, and shared mobility providers.\nIn today\'s existing transportation ecosystem, liquid and powder coatings provide essential beauty and color to vehicle bodies while adding corrosion and impact protection.
  • "\nAs part of the rebranding, Axalta Mobility Coatings is unveiling a new solutions portfolio that brings together the best of Axalta\'s experience and innovation into three categories: Core Mobility Solutions, Advanced Mobility Solutions, and Axalta Advantage.\nCore Mobility Solutions comprises Axalta\'s best-in-class basecoats and clearcoats for color and beautification along with primers, electrocoats, and powder applications for surface protection.\nAdvanced Mobility Solutions encompasses products and applications for mass customization, two-tone color, and digital paint.
  • With more than 150 years of experience in the coatings industry, the global team at Axalta continues to find ways to serve our more than 100,000 customers in over 130 countries better every day with the finest coatings, application systems and technology.

Axalta Coating Systems Announces $625 Million Increase to its Share Repurchase Program Authorization

Retrieved on: 
Wednesday, April 21, 2021
Share repurchase, Stock market, Axalta Coating Systems, Repurchase agreement

b'PHILADELPHIA, April 21, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global coatings company, today announced that its Board of Directors authorized an increase in its common share repurchase program of $625 million, bringing the total size of the program to $1.3 billion, of which Axalta has already purchased approximately $500 million.

Key Points: 
  • b'PHILADELPHIA, April 21, 2021 /PRNewswire/ -- Axalta (NYSE: AXTA), a leading global coatings company, today announced that its Board of Directors authorized an increase in its common share repurchase program of $625 million, bringing the total size of the program to $1.3 billion, of which Axalta has already purchased approximately $500 million.
  • Axalta expects that share repurchases will continue to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws, regulations and approvals.
  • There is no expiration date on the share repurchase program.\nThis release may contain certain forward-looking statements regarding Axalta within the meaning of the U.S.
  • Private Securities Litigation Reform Act of 1995, including those relating to the timing, amount or pace of any future share repurchases.

Axalta schedules first quarter 2021 earnings conference call

Retrieved on: 
Thursday, April 15, 2021
Axalta Coating Systems, Powder coating, Conference call, New York Stock Exchange, Economic sectors, Service industries

b"PHILADELPHIA, April15, 2021 /PRNewswire/ --Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its first quarter 2021 financial results after the close of trading on Monday, April 26.

Key Points: 
  • b"PHILADELPHIA, April15, 2021 /PRNewswire/ --Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, will release its first quarter 2021 financial results after the close of trading on Monday, April 26.
  • The release and supporting materials will be posted to the Investor Relations portion of axalta.com.\nIn addition, the company will host a conference call at 8 a.m. EDT on Tuesday, April 27, 2021.
  • A live webcast of the conference call will also be available online at www.axalta.com/investorcall .\nThe dial-in phone number for the conference call is 201-689-8560.
  • For those unable to participate, a replay of the call will be available through May 4, 2021.

Green Coating Additives in Vogue: Fact.MR Study

Retrieved on: 
Friday, March 26, 2021
Axalta Coating Systems

According to the study, with the market being consolidated, key manufacturers are developing and introducing innovative products to expand their geographical reach to cater to the demand.

Key Points: 
  • According to the study, with the market being consolidated, key manufacturers are developing and introducing innovative products to expand their geographical reach to cater to the demand.
  • For instance, in March 2021, Axalta introduced Spies Hecker waterborne full system, GB24409-2020, for Chinese auto refinish market.
  • This new auto refinish coating system provides high-performance quality and excellent color performance.
  • Fact.MR, in its latest report, presents a detailed analysis of the global coatings additives market.

Green Coating Additives in Vogue: Fact.MR Study

Retrieved on: 
Friday, March 26, 2021
Axalta Coating Systems

According to the study, with the market being consolidated, key manufacturers are developing and introducing innovative products to expand their geographical reach to cater to the demand.

Key Points: 
  • According to the study, with the market being consolidated, key manufacturers are developing and introducing innovative products to expand their geographical reach to cater to the demand.
  • For instance, in March 2021, Axalta introduced Spies Hecker waterborne full system, GB24409-2020, for Chinese auto refinish market.
  • This new auto refinish coating system provides high-performance quality and excellent color performance.
  • Fact.MR, in its latest report, presents a detailed analysis of the global coatings additives market.

Global $13.12 Billion Automotive OEM Coatings Market to 2030

Retrieved on: 
Wednesday, March 24, 2021
Companies, Paint manufacturers, Industry economics), Chemical industry, AkzoNobel, Axalta Coating Systems, Sherwin-Williams, Kansai Paint, PPG Industries, Arkema, BASF, Paint

The Global Automotive OEM Coatings Market was valued at USD 7.93 billion in 2019 and is estimated to garner USD 13.12 billion by 2030, expanding at a CAGR of 4.6% of during the forecast period, from 2020 and 2030.

Key Points: 
  • The Global Automotive OEM Coatings Market was valued at USD 7.93 billion in 2019 and is estimated to garner USD 13.12 billion by 2030, expanding at a CAGR of 4.6% of during the forecast period, from 2020 and 2030.
  • The global automotive OEM coatings market is segmented based on type, layer, vehicle type, and geography.
  • North America is expected to account for a major share of the global market during the forecast period owing to the increase in adoption of automotive OEM coatings.
  • Major market players operating in the automotive OEM coatings market are BASF SE, Axalta Coating Systems, PPG Industries, Kansai Paint, Nippon Paint, AkzoNobel, KCC Paint, Sherwin-Williams Company, Arkema SA, and Bayer AG.

Axalta expands Industrial coatings portfolio with launch of Imron® Industrial 2K polyurethane high-gloss clearcoat in North America

Retrieved on: 
Tuesday, March 23, 2021
Coatings, Industrial processes, Axalta Coating Systems, Construction, Chemistry, Powder coating, Polyurethane

PHILADELPHIA, March23, 2021 /PRNewswire/ --Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today introduced Imron Industrial 2100 HG-C high-gloss clearcoat into its existing high-performance Imron Industrial portfolio in North America.

Key Points: 
  • PHILADELPHIA, March23, 2021 /PRNewswire/ --Axalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today introduced Imron Industrial 2100 HG-C high-gloss clearcoat into its existing high-performance Imron Industrial portfolio in North America.
  • The new clearcoat is formulated to melt quickly and flow smoothly making damaged areas easy to repair.
  • For almost 50 years, Imron Industrial is known as an industry-leading polyurethane product line offering a complete coating system for the most demanding industry specifications.
  • Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions.

Axalta to Host Virtual Capital Markets Day Focused on Innovation, Growth, and Shareholder Value Creation

Retrieved on: 
Tuesday, March 16, 2021
Corporate finance, Axalta Coating Systems, Stakeholder, New York Stock Exchange, Shareholder value, Economy, Business, Companies

PHILADELPHIA, March16, 2021 /PRNewswire/ --Axalta (NYSE: AXTA) invites investors, analysts and other stakeholders to a virtual Capital Markets Day on Wednesday May 5, 2021 from 8:30 am 12:30 pm ET.

Key Points: 
  • PHILADELPHIA, March16, 2021 /PRNewswire/ --Axalta (NYSE: AXTA) invites investors, analysts and other stakeholders to a virtual Capital Markets Day on Wednesday May 5, 2021 from 8:30 am 12:30 pm ET.
  • Chief Executive Officer Robert Bryant and members of the Axalta Leadership Team will present the Company's growth strategy, the business and financial outlook, and detail plans to drive long-term shareholder value.
  • Presentations will be followed by a Q&A session where participants can post questions and engage with Axalta's Leadership Team.
  • Axalta is a global leader in the coatings industry, providing customers with innovative, colorful, beautiful and sustainable coatings solutions.

Axalta Expands Energy Solutions Portfolio With Acquisition Of Leading Chinese Producer Of Wire Enamels For Electric Devices

Retrieved on: 
Monday, March 15, 2021
Visual arts, Coatings, Axalta Coating Systems, Vitreous enamel, Enamel

The addition of Anhui Shengran will be highly complementary to Axalta's existing Energy Solutions portfolio.

Key Points: 
  • The addition of Anhui Shengran will be highly complementary to Axalta's existing Energy Solutions portfolio.
  • The acquisition will add new wire enamel products and capabilities to enhance our offerings to customers across several end markets, including automotive, renewable energy, and consumer electronics.
  • "Anhui Shengran's wire enamel products and capabilities are highly complementary to our growing Energy Solutions business," said Shelley Bausch, Senior Vice President of Global Industrial Coatings at Axalta.
  • With three distinctive product segments wire enamels, impregnating resins and electrical steel coatings Axalta's Energy Solutions business provides a comprehensive portfolio of innovative and ecologically responsible insulating solutions for customers in new energy vehicles and other industrial markets.