Allnex (branded as allnex) is a German multinational company that produces industrial coating resins and additives for architectural, industrial, protective, automotive and special purpose coatings and inks. Allnex was established in 2013 after

Advent International Advent International Corporation is an American global private equity firm. It is focused on buyouts of companies in Western and Central Europe, North America, Latin America and Asia. The firm focuses on international buyouts, growth and strat ...

acquired the Coating Resins Division as a divestiture from

Cytec Industries Cytec Industries Incorporated, based in Woodland Park, New Jersey was a speciality chemicals and materials technology company with pro-forma sales in 2004, including the Surface Specialties acquisition, of approximately $3.0 billion. Cytec is ...

. In September 2016, Allnex and Nuplex Industries, a manufacturer of resins, were merged to form one company, which has its headquarters in

Frankfurt am Main Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. Allnex has 33 manufacturing facilities, 23 research and technology support centers and 5 joint ventures spread across five continents:

Asia Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which ...

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

North North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating Direction (geometry), direction or geography. Etymology T ...

and

South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion o ...

, and

Oceania Oceania ( , ) is a region, geographical region including Australasia, Melanesia, Micronesia, and Polynesia. Outside of the English-speaking world, Oceania is generally considered a continent, while Mainland Australia is regarded as its co ...

. The company has around 4,000 employees and is present in around 100 countries. The operating Allnex group is owned by Allnex Holdings S.à r.l., a company based in

Luxembourg Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembour ...

.Allnex – The Coating Resins Company – allnex
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History

April 2013:

acquired the Coating Resins division as a divestiture from

. October 2013: Allnex acquired Desmolux® non-waterborne radiation curing resins from

Bayer Bayer AG (English: , commonly pronounced ; ) is a German multinational pharmaceutical and biotechnology company and is one of the largest pharmaceutical companies and biomedical companies in the world. Headquartered in Leverkusen, Bayer' ...

MaterialScience. February 2014: Allnex opened a technology center and Americas headquarters in

Alpharetta, Georgia Alpharetta is a city in northern Fulton County, Georgia, United States, and part of the Atlanta metropolitan area. As of the 2020 U.S. census, Alpharetta's population was 65,818; in 2010, the population had been 57,551. History In the 1830s, ...

USA The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 states and a federal capital district, Washington, D.C. The 48 contiguous ...

. December 2014: Allnex acquired Águia Química, one of the largest manufacturers of alkyd and acrylic resins in Brazil, founded in 1989, and is located in

Ponta Grossa Ponta Grossa () is a municipality in the state of Paraná, southern Brazil. The estimated population is 355,336 according to official data from the Brazilian Institute of Geography and Statistics and it is the 4th most populous city in Paraná ( ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

. September 2016: Allnex merged with Nuplex Industries, now operating under the name ''allnex'' with its headquarters in

. July 2021: Allnex was acquired by

PTT Global Chemical PTT Global Chemical (), also known as PTTGC, is a petrochemical company that specializes in synthesizing olefins and aromatics. It was founded in 2011 and is a subsidiary of PTT Public Company Limited. It was listed on the top 10 Dow Jones Susta ...

, a multinational chemical company based in

Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...

. August 2022: Allnex launch their range of premium sustainability products under the brand ECOWISE™ CHOICE.

References

{{Reflist Chemical companies of Germany Multinational companies 2021 mergers and acquisitions