Allnex

Last updated
Allnex GmbH
allnex
Company type GmbH
Industry Chemical
Founded2013;12 years ago (2013)
Headquarters
Frankfurt am Main
,
Germany
Area served
Worldwide
Key people
Miguel Mantas (CEO), Duncan Taylor (CFO)
ProductsCoating resins, additives and crosslinkers
Revenue€2.1 billion [1]
Owner PTT Global Chemical
Number of employees
4,000 [1]
Parent Allnex Holdings S.à r.l.
Website allnex.com

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. [1]

Allnex was established in 2013 after Advent International acquired the Coating Resins Division as a divestiture from Cytec Industries. [2] 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, 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. [3] The company has around 4,000 employees and is present in around 100 countries. [4] The operating Allnex group is owned by Allnex Holdings S.à r.l., a company based in Luxembourg. [5]

History

Allnex Americas headquarters in Alpharetta, Georgia 9005 Westside Pkwy, Alpharetta, GA, Oct 2017.jpg
Allnex Americas headquarters in Alpharetta, Georgia

April 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]

February 2014: Allnex opened a technology center and Americas headquarters in Alpharetta, Georgia, USA. [7]

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, Brazil. [8]

September 2016: Allnex merged with Nuplex Industries, now operating under the name allnex with its headquarters in Frankfurt am Main. [9]

July 2021: Allnex was acquired by PTT Global Chemical, a multinational chemical company based in Thailand.

August 2022: Allnex launch their range of premium sustainability products under the brand ECOWISE™ CHOICE. [10]

References

  1. 1 2 3 "Allnex Corporate Profile". Archived from the original on 2015-12-30. Retrieved 2016-01-05.
  2. ↑ Kaskey, Jack. “Cytec sells coating business to Advent for $1.03 billion”. Bloomberg.com, 9 Oct 2012.
  3. ↑ "Key Facts about us". Allnex. Retrieved June 30, 2025.
  4. ↑ Allnex – The Coating Resins Company – allnex
  5. ↑ Allnex – The Coating Resins Company – allnex
  6. ↑ “Allnex to acquire ‘Desmolux’ product range from Bayer MaterialScience”. European Coatings, 19 Jul 2013.
  7. ↑ “Allnex invests in its Americas business with creation of new regional headquarters” Archived 2016-03-05 at the Wayback Machine .
  8. ↑ Market, Jan. “Allnex acquires Águia Química, one of Brazil’s largest manufacturers of resins”. RadTech Europe, 8 Jan 2015
  9. ↑ "Closing completed: Allnex and Nuplex officially combined". allnex.com. Archived from the original on 2016-09-30. Retrieved 2016-09-30.
  10. ↑ ecowise-choice.com
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