Allnex

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allnex

Founded	2013 (2013)
Headquarters	Corporate Center in Frankfurt am Main, Germany
Area served	Worldwide
Key people	Miguel Mantas (CEO) Duncan Taylor (CFO), Jean-Marc Durbuis (Executive VP Performance Resins), Ruben Manniën (Executive VP Liquid Coating Resins)<[1] Markus Aschauer (Vice President Operations & Operational Excellence), Petra Zimmer (Senior VP HR), Jan-Mathias Kuhr (Senior VP & Group General Counsel), Benoit De Becker (VP Strategy & Commercial Excellence).
Products	Coating resins, additives and crosslinkers
Revenue	€2.1 billion[2]
Number of employees	Approx. 4000[2]
Website	allnex.com

Allnex (also written as allnex) is a global producer of industrial coating resins and additives for architectural, industrial, protective, automotive and special purpose coatings and inks. Allnex offers a range of products including innovative liquid resins and additives, radiation-cured and powder-coating resins and additives, and crosslinkers for use on wood, metal, plastic and other surfaces.^[2]

Allnex was established in 2013 after Advent International acquired the Coating Resins Division as a divestiture from Cytec Industries.^[3] Mid-September 2016, Allnex and Nuplex, a global manufacturer of resins, were brought together to form one company, which has its Corporate Center in Frankfurt am Main, Germany.

Allnex has 33 manufacturing facilities, 23 research and technology support centers and 5 joint ventures spread across five continents: Asia, Europe, North and South America, and Oceania. The company's 4000 employees serve customers in more than 100 countries.^[4] The operating Allnex group is legally owned by Allnex Holdings S.à r.l., a company based in Luxembourg, which also provides long term strategic decisions relating to its investment in Allnex.^[5]

Organization[]

The organization’s operational management is overseen by a global Executive Committee consisting of eight members:

• Chief Executive Officer – Miguel Mantas
• Chief Financial Officer – Duncan Taylor
• Executive Vice-President Performance Resins – Jean-Marc Durbuis
• Executive Vice-President Liquid Resins & Additives – Ruben Manniën
• Vice President Operations & Operational Excellence – Markus Aschauer
• Senior Vice-President Human Resources - Petra Zimmer
• Senior Vice-President & Group General Counsel - Jan-Mathias Kuhr
• Vice-President Strategy & Commercial Excellence - Benoit De Becker

History[]

April 3, 2013 – Advent International acquired the Coating Resins Division as a divestiture from Cytec Industries.

October 2013 – Allnex acquired Desmolux® non-waterborne radiation curing resins from Bayer MaterialScience.^[6] The products are now sold under the brand name EBECRYL™.

February 2014 – Allnex opened a technology center and Americas headquarters in Alpharetta, GA, USA.^[7]

December 29, 2014 – Allnex acquired Águia Química, one of the largest manufacturers of alkyd and acrylic resins in Brazil. Founded in 1989 and located in Ponta Grossa/PR, Brazil, Águia Química is a Brazilian market leader in alkyd and acrylic resins for paints, composites, adhesives and sandpapers, in addition to distribution of solvents.^[8]

September 2016 – Allnex was brought together with Nuplex Industries, now operating under the name allnex with its Corporate Center in Frankfurt am Main.^[9]

July 2021 - allnex was acquired by PTT Global Chemical, a multinational chemical company based in Thailand. Announcement was made July 11, 2021 and expected to close 4Q21.

Products and technologies[]

Allnex’s product range sells into various applications in end user markets such as automotive, industrial coating, protective, packaging and coating inks and consumer electronics.

Acrylates[]

The use of acrylates, initially designed for radical curing initiated by ultra-violet (UV) light or electron beam (EB) radiation, is well established and increasingly popular in two non UV/EB reaction mechanisms: free radical crosslinking initiated by peroxides and Michael addition.

Additives[]

Allnex develops additives that help improve the appearance and durability of coatings, the flow of paints and inks, the efficiency of the manufacturing process and the sustainability of formulations.

Amino Crosslinkers & Catalysts[]

Allnex's CYMEL® amino crosslinkers are used in industrial coatings applications including automotive, Original Equipment Manufacturers (OEM), kitchen cabinets, metal food and beverage packaging, metal building products and general metal finishings.

Composites & Construction Products[]

Allnex supplies various materials to the construction, composites and manufacturing markets. In Australia and New Zealand, Allnex is the leading producer and distributor of composite resins, flowcoats and gelcoats, and resin based in situ flooring systems for commercial and industrial sectors.

Ecowise Choice[]

Allnex ECOWISE™ CHOICE portfolio is a selection of products meeting stringent environmental, health and safety requirements in the industry. They are assessed along the five sustainability pillars: safer materials, air emissions, circular economy, energy efficiency and renewable sourcing.

Energy Curable Resins[]

Allnex produces ultraviolet (UV) and electron beam (EB) energy-cured coating resins. Radiation-cured coatings offer excellent appearance, durability and stain resistance, alongside low or zero VOC emissions, while enabling increased productivity and lowering overall costs per cured part.^[10]

Phenolic Crosslinkers[]

Phenolic crosslinkers are used in a wide variety of applications, including many types of high-performance coatings. Allnex develops technical resins for the tire industry, durable printing inks and industrial and packaging coatings.

Powder Coating Resins[]

Resins are an essential constituent of powder coatings, a technology used to apply a decorative or protective finish in the automotive, furniture and appliance markets. Recent technology advancements now allow the use of powder coatings on heat-sensitive materials such as wood and plastics.^[11]

Solventborne Resins[]

Solventborne resins facilitate the formulation of coatings with robust application properties, metal adhesion, corrosion resistance and very high gloss. Solventborne resin and paint systems are the preferred choice where application conditions and substrate character can vary widely, such as in marine and protective systems.

Waterborne Resins[]

Water-based coating formulations use water-soluble amines as hardeners, strongly reducing the volatile organic compounds (VOC) in the coatings. Allnex offers tailored waterborne resin systems for specific substrates and end-use applications.

TMXDI/Urethane Specialties[]

TMXDI is an aliphatic tertiary diisocyanate monomer that provides practical methods for production of urethanes, carbodiimides and hybrids with minimal side reactions it allows to produce dispersions without the use of any solvent.

Safety, Health and Environment[]

Safety, Health and Environment (SHE) are high priorities for Allnex, which aims to maintain a high level of SHE awareness and compliance by continuously investing to ensure that all of the group's production plants and laboratories meet strict safety standards and requirements. More than 80% of Allnex production plants are certified as complying with the ISO 14001 international standard for environmental management systems, and more than 60% are certified as complying with the OHSAS 18001 standard for occupational health and safety management systems.

References[]