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Akzo’s Fourth-Quarter Sales Rise

1:16 PM MST | February 4, 2008 | Chemical Week Editorial Staff

Akzo Nobel’s fourth-quarter 2007 revenues rose 2%, to €2.4 billion ($3.5 billion). That excludes ICI, which Akzo acquired recently. Akzo’s coatings and chemicals sales rose 2% and 7%, respectively. ICI’s sales were £1.2 billion ($2.38 billion). Akzo will announce fourth-quarter results for both companies on March 6. Akzo completed its purchase of ICI on January 2. “We have established good momentum with our integration plans, and I am pleased with progress so far,” says Akzo CEO Hans...

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