INDUSTRY NEWS
Axalta Named 2021 Global Commercial Vehicle Coatings Company of the Year by Frost & Sullivan
Best Practices award highlights Axalta ' s innovation and sustainable coatings designed to meet the evolving needs of OEMs
Axalta ( NYSE : AXTA ), a leading global supplier of liquid and powder coatings , was recently named the 2021 Global Commercial Vehicle Coatings Company of the Year by Frost & Sullivan . The annual Best Practices award recognises Axalta for developing innovative coatings that address OEMs ' evolving needs in designing lighter-weight vehicles and exterior components and for its leadership in innovation and the commercialisation of highly efficient coating solutions .
" Every day , we strive to build deeper relationships with our customers by listening to their needs , understanding their business and delivering world-class products and services that help them meet cost , quality , sustainability and cycle time targets ," said Joseph Wood , Vice President , Global Commercial Vehicle Coatings at Axalta . " We ' re honoured to be recognised for our innovation , product excellence and customer focus ."
As part of its analysis , Frost & Sullivan highlighted Axalta ' s Imron ® and Rival ® coating solutions , which save time and energy while improving productivity by reducing the number of steps in the application process . The new basecoat products are unique because they can be applied directly on plastic substrates without an adhesion promoter , reducing the coating application process from the conventional three steps to two steps .
The Imron Elite ColorPlus basecoat is a premium basecoat system explicitly designed for recreational vehicles ' new and complicated paint schemes . ColorPlus uses 30 % less material and reduces cycle time by 30 % while still delivering a superior finish . Imron 2K high durability clearcoat , released in September 2020 for customers in Europe , stands out from its competitors in the region . The clearcoat is designed to adhere to the stringent volatile organic compound ( VOC ) limits mandated in European countries while retaining its durability and gloss after multiple washing cycles .
Rival DTM Topcoat RV901 and RV902 are easy-to-apply , direct-tometal ( DTM ) coatings for customers that reduce overall painting costs and perform well in non-corrosive to mildly corrosive environments . In addition , customers greatly value the product ' s single-step application ability using conventional activators , eliminating the need to create an additional inventory of new activators .
Each year , Frost & Sullivan presents a Company of the Year award to the organisation that demonstrates excellence in terms of growth strategy and implementation in its field . The award recognises a high degree of innovation with products and technologies and the resulting leadership in customer value and market penetration .
Frost & Sullivan Best Practices awards recognise companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership , technological innovation , customer service and strategic product development . Industry analysts compare market participants and measure performance through in-depth interviews , analyses and extensive secondary research to identify best practices in the industry .
For more information about Axalta Mobility Coatings : https :// www . axalta . com / corporate / en _ US / products-and-customers / customers / mobility . html
For more information about Frost & Sullivan , visit www . frost . com
To learn more about Frost & Sullivan Best Practices Recognition : https :// www . frost . com / about / best-practices-recognition /
20 NOVEMBER 2021 twitter : @ surfaceworldmag