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ment, labor and human rights, ethics, and bining our technologies and expertise, which will leader like AkzoNobel. We’re confident they will
sustainable procurement result in us developing better and more sustain- care for Titan’s legacy in the same way the family
• partnerships with various industry associations able products.” has done for over 100 years.”
and consortia focused on large-scale sustain- Commenting on the deal, Alberto and Titan will provide a solid platform to further
ability objectives Joaquin Folch-Rusiñol, Industrias Titan S.A.U grow AkzoNobel’s position throughout the region,
• products that are developed with bio-renewable administrators, adds: “We’re delighted to hand the company says.
raw materials over Titan’s decorative paints business to a global www.akzonobel.com
• solutions designed to improve PET bottle
recycling and composting
“At Sun Chemical, we understand the impor-
tance of sustainability and the demands that con-
sumers have to ensure that the environment is top of
mind in the development and manufacturing of
packaging,” says Gary Andrzejewski, Corporate Vice
President of Environmental Affairs. “We’re proud to
be a partner that our customers can feel confident to
work with, knowing that we’re doing everything we
can to prioritize sustainability both in our product
offerings and in our operations.”
Michael Simoni, Global Product Stewardship
Leader, Sun Chemical, adds, “The 2019 sustain-
ability report shows that we’re taking the initia-
tives necessary to achieve our sustainability goals
and in turn, helping our customers also reach
their eco-efficiency targets.”
www.sunchemical.com/sustainability/

AkzoNobel to Strengthen Paints
Business with Acquisition
of Titan in Spain
AkzoNobel has agreed to acquire the decorative

paints business of Spain’s Industrias Titan S.A.U.
Completion is subject to regulatory approvals and
expected before the end of Q1, 2021.
“The Spanish market has strong growth
potential and this is an excellent opportunity for
us to reinforce our position in the region,” says
AkzoNobel CEO, Thierry Vanlancker. “The acqui-
sition will enable us to better serve our customers
and provides added momentum, while also offer-
ing further proof of us being the reference in
paints and coatings in Europe.
“The fact that a significant part of Titan’s
portfolio has been awarded the European Ecolog-
ical label also offers exciting possibilities for com-

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