Articles from Axalta Coating Systems LLC

PHILADELPHIA, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSEAXTA), a leading global coatings company, has won a 2024 R&D 100 Award in the Mechanical and Materials category. Axalta’s Primerless Consolidated Coating System is used in a streamlined, consolidated automotive paint process that delivers superior color capability, especially for glamorous and difficult to create colors. The coating system, together with this consolidated process, provides sustainability and productivity to automotive paint shops.

PHILADELPHIA, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Axalta (NYSEAXTA), a leading global coatings company, has announced that Chris Villavarayan, CEO and President, and Rakesh Sachdev, chair of the board, will commemorate 10 years as a publicly traded company by ringing the opening bell at the New York Stock Exchange (NYSE) on Nov. 18, 2024. Axalta’s senior leadership team and employees from the Philadelphia area will also participate in this highly respected and time-honored tradition.

Philadelphia location accelerates ONE Axalta journey

PHILADELPHIA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2024.

PHILADELPHIA, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its third-quarter 2024 financial results at 6 a.m. ET on Wednesday, October 30. The release and supporting materials will be posted to Axalta’s Investor Relations site.

Axalta Nimbus connects all of Axalta’s tools and resources in a single platform helping customers to do business smarter

Innovation helps customers improve productivity, optimize labor, and reduce waste while delivering accurate color matches

PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta”), a leading global coatings company, announced its financial results for the second quarter ended June 30, 2024.

Further strengthens Axalta’s dedication to sustainability

PHILADELPHIA, July 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA), a leading global coatings company, today announced that Chris Evans has been appointed Vice President, Global Strategy and Colleen Lubic has been appointed Vice President, Investor Relations. The appointments are effective immediately and further demonstrate Axalta’s bench strength.

PHILADELPHIA, July 05, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its second-quarter 2024 financial results at 6 a.m. ET on Thursday, August 1. The release and supporting materials will be posted to Axalta’s Investor Relations site.

PHILADELPHIA, July 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, has successfully completed the previously announced acquisition of The CoverFlexx Group from Transtar Holding Company. The CoverFlexx Group manufactures and sells coatings for automotive refinish and aftermarket applications, focused on economy customers in North America.

This partnership reinforces Axalta’s commitment to sustainability.

Planned sustained growth driven by cultural transformation, operational excellence, optimized portfolio strategy, sustainable innovation, and effective capital allocation

PHILADELPHIA, May 13, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, today announced that it has entered into a definitive agreement to acquire The CoverFlexx Group from Transtar Holding Company for initial cash consideration of $285 million, plus an additional $10 million earnout based on the business’s 2024 performance. Closing is expected to occur in the third quarter and is subject to regulatory approval and other customary closing conditions.

PHILADELPHIA, May 01, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta”), a leading global coatings company, announced its financial results for the first quarter ended March 31, 2024.

PHILADELPHIA, April 23, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, announced today that it has won three 2024 Edison Awards™. Axalta Irus Mix won silver in the Environmental and Industrial Solutions category. Axalta’s Voltatex® 7345 A ECO Wire Enamel and its Low Carbon Footprint Sustainable Coating System with Hyperdur® Primer and Chromadyne® Colorcoat won silver and bronze, respectively, in the Coatings and Manufacturing category. This is the sixth consecutive year that Axalta has won prestigious Edison Awards™.

 PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, was recognized by General Motors as a top global supplier of 2023 during its annual Supplier of the Year recognition event last week in Miami. In total, 86 suppliers were recognized with a Supplier of the Year award.

PHILADELPHIA, April 02, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its first-quarter 2024 financial results at 6 a.m. ET on Wednesday, May 1. The release and supporting materials will be posted to Axalta’s Investor Relations site.

PHILADELPHIA, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta”), a leading global coatings company, announced its financial results for the fourth quarter and full year ended December 31, 2023.

Dynamic black shade evokes depths of our universe and space exploration

Voltatex® 7345 A ECO Wire Enamel enables efficient electric motors, powertrains and energy storage devices, advances electrification, and reduces CO2 emissions

GLEN MILLS, Pa., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its fourth-quarter and full-year 2023 financial results at 6 a.m. ET on Thursday, February 8. The release and supporting materials will be posted to Axalta’s Investor Relations site.

GLEN MILLS, Pa., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta”), a leading global coatings company, announced its financial results for the third quarter ended September 30, 2023.

Adds to existing supplier agreements

Steven M. Chapman to Step Down from Axalta Board

GLEN MILLS, Pa., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its third-quarter 2023 financial results at 6 a.m. ET on Wednesday, November 1. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Collection Highlights Current Industrial Wood Coatings for Home and Furniture

GLEN MILLS, Pa., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Brian Berube has decided to retire as Senior Vice President, General Counsel & Corporate Secretary at the end of this year. Alex Tablin-Wolf, who currently serves as Vice President and Associate General Counsel, has been appointed his successor effective January 1, 2024. Mr. Tablin-Wolf will become Senior Vice President, General Counsel and Corporate Secretary at that time, reporting directly to Axalta CEO and President, Chris Villavarayan.

GLEN MILLS, Pa., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Axalta (NYSEAXTA), a leading global coatings company, has won a 2023 R&D 100 award in the Mechanical and Materials category. Axalta’s next generation Imron™ is a coating technology that delivers sustainability benefits and improves production cycle time for transportation customers.

Technology can contribute up to a 30% reduction in CO2 emissions for two-tone vehicle manufacturers

GLEN MILLS, Pa., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, today released its 2020-2022 Sustainability Report, citing progress on ambitious 2030 goals and reaffirming its commitment to a sustainable future.

Robust pricing, focused execution and solid market demand drove margin and earnings growth

GLEN MILLS, Pa., July 31, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA), a leading global coatings company, today announced that Dr. Kevin Stein, President and Chief Executive Officer of TransDigm Group Incorporated, has been appointed to Axalta’s Board of Directors as an independent director, effective September 1, 2023. Stein will serve on Axalta’s Environment, Health, Safety, and Sustainability and Nominating and Corporate Governance Committees.

GLEN MILLS, Pa., July 19, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems Ltd. (NYSEAXTA) (“Axalta” or the “Company”), a leading global coatings company, today announced that Carl Anderson has been appointed Senior Vice President and Chief Financial Officer (“CFO”), effective August 14, 2023. Mr. Anderson will succeed Sean Lannon, who will be leaving the Company to pursue other opportunities.

GLEN MILLS, Pa., July 18, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its second-quarter 2023 financial results after the close of trading on Tuesday, August 1. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Fast and efficient mixing machine on market delivers highly accurate color without waste

Earnings above guidance range driven by margin recovery initiatives and Mobility Coatings volume growth

GLEN MILLS, Pa., April 26, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, announced today that its Abcite® 2060 Flame Spray Powder Coating and Self-Priming Kitchen Cabinet Coating both won Gold 2023 Edison Awards™ for the Sustainability and Material Science categories, respectively. Axalta’s AquaEC® Flex won Bronze in the Smart Transportation category.

GLEN MILLS, Pa., April 03, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its first-quarter 2023 financial results after the close of trading on Tuesday, May 2. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Investment supports John P. McNulty Program for Leadership in Science and Mathematics and related scholarships

Dr. Mike Grady and Dr. Jeff Johnson recognized for significant accomplishments, technical leadership, and commercial contributions to the company.

GLEN MILLS, Pa., March 14, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems, a leading supplier of coatings solutions to the architectural and design segment, launched its latest ICONICA collection of Alesta® SD powder coatings as part of an exclusive global line to the United States market.

Products were recognized in the Sustainability, Smart Transportation and Material Science categories

Fourth quarter earnings at top of guidance range driven by pricing momentum and volume growth with notable margin recovery from Mobility Coatings

Patented AquaEC® Flex has low VOC and enables mass production of electric vehicles

GLEN MILLS, Pa., Jan. 10, 2023 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its fourth-quarter and full-year 2022 financial results after the close of trading on Wednesday, January 25. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Data shows that neutral colors continue to remain popular.

Bold, electrifying color showcases the vibrant energy of today

Strategic agreement makes Axalta single preferred paint partner to 57 UK sites

Rakesh Sachdev to Become Non-Executive Board Chair

Third-consecutive category win for Axalta as part of CAOA Chery’s annual Best Supplier Awards

Earnings solidly within guidance range as strong pricing and a robust volume recovery offset regional headwinds, inflationary pressure and the impacts of weaker global currencies

GLEN MILLS, Pa., Oct. 05, 2022 (GLOBE NEWSWIRE) -- Axalta Coating Systems (NYSEAXTA), a leading global coatings company, will release its third-quarter 2022 financial results after the close of trading on Tuesday, October 25. The release and supporting materials will be posted to the Investor Relations portion of axalta.com.

Record pricing and strong volume growth drove a solid quarterly performance above mid-point of expectations

Current Independent Director and Chemical & Life Sciences Industry Veteran Rakesh Sachdev Appointed Interim Chief Executive Officer