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Home  > Markets & companies  > Coatings market  > AkzoNobel and Solvay establish new partne...

Sunday, 22 September 2019
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Markets & companies, Coatings market

AkzoNobel and Solvay establish new partnership model

Thursday, 6 June 2013

AkzoNobel and Solvay have signed a three-year agreement whereby the Dutch coatings producer will increase the use of renewable raw materials in its paints and coatings, building on an existing partnership between the two companies.

By 2016, AkzoNobel aims to source 20 % of its total epichlorohydrin demand as bio-based material. Source: kameel - Fotolia.com

By 2016, AkzoNobel aims to source 20 % of its total epichlorohydrin demand as bio-based material. Source: kameel - Fotolia.com

Under the terms of the deal, AkzoNobel will progressively increase the use of Solvay's bio-based epichlorohydrin, or "Epicerol”, which is already contained in many of the company's resins for its coatings products. The agreement underlines the commitment of both parties to play a key role in sustainable development and expand the use of renewable raw materials. By 2016, the coatings producer aims to source 20 % of its total epichlorohydrin demand as bio-based material.

New to this type of agreement is the partnership model between two chemical groups on the one hand, and their suppliers and customers on the other. It builds on a supply agreement for renewable solvents which both companies announced three months ago, with the project outlined to take more than three years of collaborative work in the value chain, starting immediately.

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