After being acquired by Advent International, Cytec Coating Resins is now known as Allnex. The company also has a new logo, reflecting Allnex’s product portfolio, sustainable innovations, growth aspirations, and commitment to continuous improvement.
The Coating Resins business of Cytec has recently been acquired by Advent International, and is now known as Allnex. The divestiture of the Coating Resins business of Cytec Industries to funds affiliated with Advent International was first announced in October 2012 and completed on 3 April 2013. The adoption of the new name – Allnex – is the first step towards establishing the company’s new identity.
The company’s new logo was designed to reflect Allnex’s product portfolio, sustainable innovations, growth aspirations, and commitment to continuous improvement. Specifically, the multiple colours and sizes of the droplets represent Allnex’s technologies, products and talented employees. In addition, the green droplet stands for sustainability while the upward movement of the droplets and text reflects the company’s commitment to operational excellence, innovation and growth, both for Allnex and its customers.
A global company with USD 1.5 billion in sales, Allnex is a leading supplier of resins for architectural, industrial, OEM and special purpose coatings. It is recognized as a speciality chemicals pioneer and is known for its professionalism and for offering the broadest portfolio of high quality, innovative liquid resins and additives, radiation cured and powder coating resins, and crosslinkers for use on wood, metal, plastic, and other surfaces.