Axalta Coating Systems is a global supplier of coatings to the transportation and industrial sectors. The company posted sales of $4.1 billion for 2015. Transportation Coatings (light vehicle OEM and commercial vehicles) comprised $1.702
billion of sales and Performance Coatings (industrial and refinish)
comprised $2.385 billion. The company currently employs approximately 12,800 people and has 12 locations in Asia-Pacific, nine in
Europe, Middle East and Africa, ten locations in North America and
seven locations in Latin America (including Mexico) – producing
liquid or powder coatings.
The company launched a number of new products to market.
Some key highlight for 2015 include:
• Abcite powder coatings, which received NSF/ANSI 61 certifica-
tion for use in drinking water system componets
• Launched new epoxy primer TRPE35 for the trailer industry
• Voltatex 4204 electrical insulation coatings receive UL global
certification
• Launched new Rival products for economy commercial trans-
portation market
• Launch Ganicin zinc-rich coatings.
Success Story
Michael Cash, President Industrial Coatings
Axalta Coating Systems
In 2016, Axalta Coating
Systems is celebrating its
150th year anniversary as a
coatings leader. This is an
important milestone for our
company, as it reinforces our
decades of experience in the industry and,
just as importantly, our ability to use that
foundation for future growth.
In addition to being able to provide our
customers with innovative colors and im-
proved performance of our paint coatings,
we are able to offer comprehensive support
in understanding what their customers are
looking for, what their competition can cur-
rently offer and help bridge that gap to play
an important role in helping our customers
gain new business. We’ve been able to mir-
ror this in the industrial coatings segment
by launching a significant number of new
products, new warranties and new customer
programs in the segments we have focused
upon over the past year. Our extensive Alesta,
Abcite and Nap-Gard powder products along
with AquaEC electrocoats, Imron industrial
coatings, Ganicin primers and Voltatex Energy
Solutions liquid coatings met different niches
around the world and have opened up new
business opportunities for our customers.
Last year also continued Axalta’s invest-
ment for growth story. We commissioned
two major expansions that will increase our
capacity to produce waterborne coatings,
one in the Jiading district of Shanghai and
the other at what is already our largest opera-
tions center in Wuppertal, Germany. We also
announced two major investments that will
support Axalta’s product research and devel-
opment. At The Navy Yard in Philadelphia Ax-
alta will construct a Global Innovation Center
which will be the hub of our global research,
process development and customer support
technologies. We also began construction on
a new Technology Center in Shanghai.
It’s an exciting time to be in the coatings
industry. Our established focus on scientific
and technological development has allowed
us to solve increasingly complex coating prob-
lems, and offer our customers innovative new
products and services.
In Industrial Coatings, our Energy Solu-
tions impregnating resins are used to protect
more than 55 percent of electric vehicles,
globally. We’ve recently introduced a tin-free
technology used in our electrocoat coating
AquaEC 6100, to help meet environmental
goals. The U.S.-made AquaEC 6100 E-Coat
also received Caterpillar approval to their
specification 1E2732F. Our products help
meet sustainability goals across our Trans-
portation Coatings operations as well. The
growing popularity of our waterborne coat-
ings fulfills the increasing interest in low emis-
sion coating technology among light vehicle
OEMs. Our high solids solventborne coatings
enable customers to use existing facilities,
including those in China, while still lowering
their impact on the environment. As the auto-
motive sector incorporates new substrates to
help light-weight vehicles, we’ve moved with
them by offering coatings that are formulated
for use over plastics and composites.
09Axalta Coating Systems Philadelphia, PA/USA www.axaltacoatingsystems.com
PUBLICLY HELD
YEAR ESTABLISHED: 2013
REVENUE: $4.1 billion t (2013: $4.36 billion)
MARKETS SERVED
• Automotive OEM • Collision repair • Industrial Coatings
• Commercial Transportation
KEY EXECUTIVES
Charles. W. Shaver, chairman and CEO; Robert Bryant,
EVP and chief financial officer; Nigel Budden, VP, global
customer excellence; Michael Cash, SVP and president,
industrial coatings; Jorge Cossio, president, Latin America
region; Michael F. Finn, SVP and general counsel; Mattias
Schöenberg, president, Europe, Middle East and Africa
region; Martin Horneck, SVP and chief procurement
and logistics officer; Dan Key, SVP, operations and
supply chain; Luke Lu, VP and president, China;
Steven Markevich, EVP and president China; Joseph F.
McDougall, SVP and chief human resources officer; Rajeev
S. Rao, VP, strategy and business development; Sobers
Sethi, VP, South and East Asia region; Barry S. Snyder, SVP
and CTO; Aaron D. Weis, VP and CIO.
