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    AKZA   NL0013267909

AKZO NOBEL N.V.

(AKZA)
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Akzo Nobel N : AkzoNobel's hull management system sets new standards for marine industry

10/07/2021 | 11:27am EST

"Tackling the environmental impact of the shipping industry, and in particular hull performance, is an abiding priority we share with fleet operators and shipyards worldwide," explains Jean-Michel Gauthier, Director of AkzoNobel's Marine and Protective Coatings business.

"Intertrac HullCare exemplifies how we're actively collaborating with our customers to provide new solutions which further their operational efficiencies, financial performance and sustainability ambitions."

Fleet operators globally are facing an increasingly complex set of operational and legislative challenges. By combining proven hull cleaning technology and techniques with cutting-edge ROV (remote operating vehicle) inspection and big data monitoring, Intertrac HullCare can boost operational performance metrics and extend service lifetimes beyond any currently available solutions.

"With Intertrac HullCare, we can offer the experience, technology and data to maximize a fleet's operational efficiency and drive the carbon neutral journey of our customers with uncompromising performance," adds John Willsher, Global Account Manager for AkzoNobel's Marine business.

"The data suite, operational cycle, value adding guidance and flexible docking intervals all ensure customers can take unprecedented control of their vessel's hull management and make informed decisions, with confidence."

As part of the package, all cleaning is aligned to the BIMCO industry standard for hull cleaning currently under development from the IMO. In addition, reclamation as standard means AkzoNobel is going further to help mitigate the translocation of invasive species when compared with alternative cleaning methods.

The company's International brand is a leading supplier of coatings that protect ships by reducing the accumulation of organisms on their hulls, thus reducing the drag created as they move through the water, improving efficiency, reducing fuel consumption and CO2 emissions. You can learn more by visiting the International website.

About AkzoNobel

We've been pioneering a world of possibilities to bring surfaces to life for well over 200 years. As experts in making coatings, there's a good chance you're only ever a few meters away from one of our products. Our world class portfolio of brands - including Dulux, International, Sikkens and Interpon - is trusted by customers around the globe. We're active in more than 150 countries and have set our sights on becoming the global industry leader. It's what you'd expect from the most sustainable paints company, which has been inventing the future for more than two centuries.

Disclaimer

Akzo Nobel NV published this content on 07 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2021 15:26:01 UTC.


© Publicnow 2021
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Sales 2021 9 581 M 10 935 M 10 935 M
Net income 2021 749 M 855 M 855 M
Net Debt 2021 2 040 M 2 328 M 2 328 M
P/E ratio 2021 23,4x
Yield 2021 2,13%
Capitalization 17 714 M 20 208 M 20 217 M
EV / Sales 2021 2,06x
EV / Sales 2022 1,94x
Nbr of Employees 32 700
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Mean consensus OUTPERFORM
Number of Analysts 22
Last Close Price 97,54 €
Average target price 111,05 €
Spread / Average Target 13,9%
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Managers and Directors
Thierry F. J. Vanlancker Chief Executive Officer
Maarten de Vries Chief Financial Officer
Nils Smedegaard Andersen Chairman-Supervisory Board
Byron Elmer Grote Deputy Chairman-Supervisory Board
Dick M. Sluimers Member-Supervisory Board
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