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Home  > Markets & companies  > Raw materials market  > Akzo Nobel Specialty Chemicals is now Nouryon

Thursday, 18 October 2018
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Markets & companies, Raw materials market

Akzo Nobel Specialty Chemicals is now Nouryon

Tuesday, 9 October 2018

After being acquired by The Carlyle Group, the former Akzo Nobel Specialty Chemicals is being relaunched as Nouryon.

The new CEO of Nouryon is Charles W. Shaver, who stepped down as CEO of Axalta Coating Systems in September 2018 but still serves as Chairman of the Board.
The new CEO of Nouryon is Charles W. Shaver, who stepped down as CEO of Axalta Coating Systems in September 2018 but still serves as Chairman of th...

The move follows the recent acquisition of the business by The Carlyle Group and marks the company’s transition to becoming an independent, global specialty chemicals company. "Launching our new company is a significant milestone to add to our proud history and we are all looking forward to this exciting new chapter,” said new CEO Charles W. Shaver. "We are ready to leverage our experience, global presence, and strong company culture to unleash our full potential as an independent company,” he said.

Nouryon has a history that stretches back nearly 400 years and its new name and brand identity reflect that heritage. Noury & Van der Lande was one of the first companies to realize the important role chemistry could play in everyday life.

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