Is DuPont and Axalta the same?
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Is DuPont and Axalta the same?
Through later mergers the company became DuPont Performance Coatings (DPC), part of the American DuPont chemical empire, and was rebranded as Axalta Coating Systems after being purchased by The Carlyle Group in 2013.
What is DuPont automotive paint called now?
Axalta
DuPont Coatings Reborn as Axalta : PaintSquare News. The founding father of the automotive paint business is being laid to rest. DuPont Performance Coatings, rooted in the dawn of the Automobile Age, now sports a new name after the completion of its $4.9 billion sale to The Carlyle Group on Feb.
Why did DuPont sell DPC?
“After careful review, we have determined that DPC’s full growth potential would be best realized outside DuPont and through the sale to Carlyle.” Bennett says that’s because DPC’s costs for corporate initiatives will change as it becomes a stand-alone company.
Is DuPont paint still in business?
Customers can continue to use any products that carry the DuPont name; Training centers located in 42 locations around the world will continue to operate as usual; All websites that provide information about the company’s business and services will continue to operate—for now, as DuPont Performance Coatings.
Who makes DuPont auto paint?
When was Axalta founded?
1866Axalta / Founded
Does Axalta own Valspar?
DuPont spinoff Axalta is growing amid mergers. Philadelphia-based Axalta Coating Systems, the paints-and-powders company spun off by DuPont Co., says it has agreed to pay $420 million in cash to paintmakers Valspar Corp. and Sherwin-Williams Co. to acquire Valspar’s North American Industrial Wood Coatings unit.
What is Cromax paint?
Cromax Pro Basecoat is the most technologically advanced waterborne basecoat available today. It uses our latest resin, pigment and dispersion technologies.
Does DuPont still make paint?
DuPont Coatings Reborn as Axalta : PaintSquare News. The founding father of the automotive paint business is being laid to rest. DuPont Performance Coatings, rooted in the dawn of the Automobile Age, now sports a new name after the completion of its $4.9 billion sale to The Carlyle Group on Feb.
