Akzonobel to divest non-stick coatings activities.

Akzonobel to divest non-stick coatings activities.AkzoNobel has agreed to divest its nonsticknon·stick  adj.Permitting easy removal of adherent food particles: a frying pan with a nonstick surface.nonstickAdjective  coatings business toprivately-owned, U.S.-based company Whitford Worldwide. The dealinvolves AkzoNobel's global cookware and bakewareSaucepan redirects here. Water Based Coatings In Australia "the Saucepan" is sometimes used as an unofficial name for part of the constellation of Pavo, when finding the south by the stars. Caldero redirects here. For the geological term, see Caldera. Pans redirects here.  activities, whichoperate out of five sites in the U.S., China, India, Brazil and Italy.The transaction is expected to be completed in the first quarter of2009."Although it is a solid business, our non-stick coatingsoperation does not have the scale for it to become a true market leaderglobally," said Leif Darnerdarn·er  n.1.  One that darns.2.  Northeastern, Upper Northern, & Western U.S. See dragonfly. See Regional Note at dragonfly. , AkzoNobel's board memberresponsible for performance coatings.""Acquiring AkzoNobel's non-stick activities gives usaccess to cutting-edge technology and expertise which will enable us tosignificantly expand our portfolio," said Whitford Worldwide'sCEO(1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Dave Willis.Whitford Worldwide manufactures a wide range of non-stick coatingsfor consumer applications of all types, including frying pans,coffee-plate warmers and waffleSee WAFL.  makers.COPYRIGHT 2009 Rodman PublishingNo portion of this article can be reproduced without the express written permission from the copyright holder.Copyright 2009 Gale, Cengage Learning. All rights reserved.Teflon Coating